$XRP and $ALGO lead in altcoin growth
Bitcoin's rise of 33% over the past 30 days has contributed to the growth of altcoins such as XRP and Algorand (ALGO). XRP has increased by 8.17% in the last 24 hours to $1.61, while ALGO has risen by 18.37% to $0.3411.
The rise of XRP coincides with partnerships involving Cardano ($ADA ) and its expanding regulatory relationships worldwide. Ripple may also gain momentum from Donald Trump's reelection, which is seen as a potential driver of cryptocurrency policy.
The growth of ALGO reflects a broader influx of users and capital into the crypto space following election day, confirming its upward trajectory.