{"id":42411,"date":"2023-01-26T14:28:40","date_gmt":"2023-01-26T14:28:40","guid":{"rendered":"http:\/\/egrowonline.com\/?p=42411"},"modified":"2023-01-26T14:28:40","modified_gmt":"2023-01-26T14:28:40","slug":"solana-and-cardano-lead-market-recovery","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=42411","title":{"rendered":"Solana and Cardano lead market recovery"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p>The cryptocurrency market cap saw net inflows of $23.04 billion over the last 24 hours and currently stands at $1,046.4 billion \u2014 up 2.3% from $1,023.36 billion.<\/p>\n<p>Over the reporting period, the Bitcoin market cap grew 1.7% to $443.07 billion from $436.03 billion. Similarly, Ethereum\u2019s market cap gained 3.7% to $196.32 billion from $189.4 billion.<\/p>\n<p>Over the last 24 hours, the top 10 cryptocurrencies all recorded gains. Solana leads the pack, growing 5.2%, followed by yesterday\u2019s biggest loser Cardano, which posted 5% gains today.<\/p>\n<figure id=\"attachment_292587\" aria-describedby=\"caption-attachment-292587\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-292587 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8.jpg\" alt=\"Top 10 Cryptocurrencies\" width=\"800\" height=\"500\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8.jpg 800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8-300x188.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8-768x480.jpg 768w\" \/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-292587 size-full\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8.jpg\" alt=\"Top 10 Cryptocurrencies\" width=\"800\" height=\"500\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8.jpg 800w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8-300x188.jpg 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/wMarket-top10-landscape-8-768x480.jpg 768w\" data-sizes=\"(max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-292587\" class=\"wp-caption-text\">Source: CryptoSlate.com<\/figcaption><\/figure>\n<p>The market caps of Tether (USDT) and BinanceUSD (BUSD) grew to $67.2 billion and $15.58 billion, respectively. By contrast, USD Coin (USDC) fell to $43,65 billion.<\/p>\n<h2>Bitcoin<\/h2>\n<p>Over the last 24 hours, Bitcoin grew 1.7% to trade at $22,995 as of 07:00 ET. Its market dominance decreased to 42.3% from 42.6%.<\/p>\n<p>BTC reached a peak of $23,813 over the past day. Bears then took control to dip the price as low as $22,815. The leading cryptocurrency has been trading in a narrow band between $22,858 and $23,282 since.<\/p>\n<figure id=\"attachment_292593\" aria-describedby=\"caption-attachment-292593\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-292593 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-1024x623.png\" alt=\"Bitcoin chart\" width=\"1024\" height=\"623\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-1024x623.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-300x182.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-768x467.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03.png 1393w\" \/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-292593 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-1024x623.png\" alt=\"Bitcoin chart\" width=\"1024\" height=\"623\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-1024x623.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-300x182.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03-768x467.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/BTCUSDT_2023-01-26_20-00-03.png 1393w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-292593\" class=\"wp-caption-text\">Source: TradingView.com<\/figcaption><\/figure>\n<h2>Ethereum<\/h2>\n<p>Ethereum gained 3.7% over the last 24 hours to trade at $1,605 as of 07:00 ET. Its market dominance grew to 18.8% from 18.5%.<\/p>\n<p>Over the reporting period, ETH achieved a peaked price of $1,641 before bottoming at $1,576.<\/p>\n<figure id=\"attachment_292595\" aria-describedby=\"caption-attachment-292595\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-292595 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-1024x623.png\" alt=\"Ethereum chart\" width=\"1024\" height=\"623\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-1024x623.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-300x182.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-768x467.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17.png 1393w\" \/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload wp-image-292595 size-large\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-1024x623.png\" alt=\"Ethereum chart\" width=\"1024\" height=\"623\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-1024x623.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-300x182.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17-768x467.png 768w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/01\/ETHUSDT_2023-01-26_20-00-17.png 1393w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption id=\"caption-attachment-292595\" class=\"wp-caption-text\">Source: TradingView.com<\/figcaption><\/figure>\n<h2>Top 5 Gainers<\/h2>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/aptos\/\" rel=\"noopener\">Aptos<\/a><\/h3>\n<p>APT is the day\u2019s biggest gainer, increasing 30.3% over the reporting period to $<span class=\"holepunch holepunch-coin_price_usd\">18.1462<\/span> as of press time. Recent developments include rising NFT volume and additional liquidity pools. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">2.91<\/span> billion.<\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/coti\/\" rel=\"noopener\">COTI<\/a><\/h3>\n<p>COTI gained 23.5% to trade at $<span class=\"holepunch holepunch-coin_price_usd\">0.12223<\/span><span class=\"holepunch holepunch-coin_price_usd\"> as of press time. The Djed stablecoin is set for release next week. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">135.51<\/span> million.<\/span><\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/audius\/\" rel=\"noopener\">Audius<\/a><\/h3>\n<p>AUDIO grew 23.2% in the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">0.32876<\/span>. Coinbase recently announced listing the token. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">307.71<\/span> million.<\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/injective\/\" rel=\"noopener\">Injective<\/a><\/h3>\n<p>INJ rose 21.2% in the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">2.26079<\/span><span class=\"holepunch holepunch-coin_price_usd\">. The token grew 83.4% over the past month. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">165.05<\/span> million.<\/span><\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ecash\/\" rel=\"noopener\">eCash<\/a><\/h3>\n<p>XEC gained 20.8% in the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">0.00004<\/span><span class=\"holepunch holepunch-coin_price_usd\">. The token is up 83% over the past month. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">785.2<\/span> million.<\/span><\/p>\n<h2>Top 5 Losers<\/h2>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/lido-dao-token\/\" rel=\"noopener\">Ribbon Finance<\/a><\/h3>\n<p>RBN is the day\u2019s biggest loser, falling 3.3% to $<span class=\"holepunch holepunch-coin_price_usd\">0.25336<\/span> <span class=\"holepunch holepunch-coin_price_usd\">as of press time. Despite today\u2019s dip, the token is still up 28.8% over the past seven days. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">134.74<\/span> million.<\/span><\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/icon\/\" rel=\"noopener\">BinaryX<\/a><\/h3>\n<p>BNX declined 3.1% over the reporting period to $<span class=\"holepunch holepunch-coin_price_usd\">83.7594<\/span> as of press time. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">240.9<\/span> million.<\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/medibloc\/\" rel=\"noopener\">MediBloc<\/a><\/h3>\n<p>MED fell 2.3% over the reporting period to $<span class=\"holepunch holepunch-coin_price_usd\">0.01663<\/span> as of press time. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">105.88<\/span> million.<\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/fei-usd\/\" rel=\"noopener\">Fei USD<\/a><\/h3>\n<p>FEI lost 1% over the reporting period to $<span class=\"holepunch holepunch-coin_price_usd\">0.98864<\/span> as of press time. The stablecoin lost its $1 peg price on Jan. 25, falling as low as $0.97070. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">420.17<\/span> million.<\/p>\n<h3><a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/link\/\" rel=\"noopener\">LINK<\/a><\/h3>\n<p>LN fell 0.9% in the last 24 hours to $<span class=\"holepunch holepunch-coin_price_usd\">43.8667<\/span><span class=\"holepunch holepunch-coin_price_usd\">. Its market cap stood at $<span class=\"holepunch holepunch-coin_market_cap_usd\">295.42<\/span> <span class=\"holepunch holepunch-coin_market_cap_usd\">million.<\/span><\/span><\/p>\n<div class=\"posted-in\">Posted In: <a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/news\/bitcoin\/\" rel=\"tag noopener\">Bitcoin<\/a>, <a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/wrapped\/\" rel=\"category tag noopener\">Wrapped<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiYWh0dHBzOi8vY3J5cHRvc2xhdGUuY29tL2NyeXB0b3NsYXRlLWRhaWx5LXdtYXJrZXQtdXBkYXRlLXNvbGFuYS1hbmQtY2FyZGFuby1sZWFkLW1hcmtldC1yZWNvdmVyeS_SAWdodHRwczovL2NyeXB0b3NsYXRlLmNvbS9jcnlwdG9zbGF0ZS1kYWlseS13bWFya2V0LXVwZGF0ZS1zb2xhbmEtYW5kLWNhcmRhbm8tbGVhZC1tYXJrZXQtcmVjb3ZlcnkvP2FtcD0x?oc=5\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market cap saw net inflows of $23.04 billion over the last 24 hours and currently stands at $1,046.4 billion \u2014 up 2.3% from $1,023.36 billion. Over the reporting period, the Bitcoin market cap grew 1.7% to $443.07 billion from $436.03 billion. Similarly, Ethereum\u2019s market cap gained 3.7% to $196.32 billion from $189.4 billion. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":42412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[266,877,219,2565,84],"class_list":["post-42411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-cardano","tag-lead","tag-market","tag-recovery","tag-solana"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/01\/image_2023-01-26_174428528.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/42411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42411"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/42411\/revisions"}],"predecessor-version":[{"id":42413,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/42411\/revisions\/42413"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/42412"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42411"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}