This week we take a closer look at Ethereum, Ripple, Cardano, Solana and Injective. 🚀
Ethereum (ETH) continues to lag behind Bitcoin and the market is not really gaining momentum. The price lost 2% this week, returning to the $2,150 support. 📉
Ripple (XRP) continues its flat trend and its price has fallen this week, down 1.5%. But the bigger news is that XRP lost its 5th place in terms of total market cap to Solana, with a double-digit increase this week. 🔄
Cardano (ADA) failed to rise this week and closed the week with a loss of 10%. This came after the price lost the 60 cent support. 📉
Solana (SOL) recorded a 20% price increase this week, climbing above $78 in an impressive move. Thus, it became the 5th largest cryptocurrency, replacing XRP. 🚀
Injective (INJ) outperformed most of the market and closed the week with a 28% price increase this week. This impressive performance comes after INJ has been rallying continuously since mid-December. 📈