Monero’s XMR Rockets 40% as XRP Leads Crypto Majors Gains
Trading volumes for XMR zoomed from an average of $50 million on a seven-day rolling basis to over $220 million in the past 24 hours
Bitcoin traded above $94,800, up 0.7% over 24 hours, with the CoinDesk 20 index 2.2% higher.
Monero surged as much 40% in 24 hours, with trading volumes increasing significantly, following a possible exploit.
Crypto market sentiment remains cautiously bullish amid macroeconomic challenges and regulatory changes.
XRP led majors' gains, rising almost 7%, driven by a ProShares ETF approval that will see three futures-tracked products go live on April 30. Cardano’s ADA gained more than 3% and BNB Chain’s BNB added 1%. Ether (ETH) was unchanged