Let's break down the top 5 altcoins making waves in this bull run:
As the foundation of DeFi, Ethereum continues to dominate the market with its smart contract functionality and decentralized applications. Its current price is $2,620.53, with a market capitalization of $316.38 billion.
Focused on cross-border payments, XRP is a leader in providing efficient and fast settlement solutions for banks and financial institutions. Its current price is $2.33, with a market capitalization of $128.64 billion. However, it's worth noting that Ripple Labs is engaged in a legal battle with the US Securities and Exchange Commission.
Known for its speed and efficiency, Solana is a decentralized blockchain platform with a transaction speed of almost 65,000 per second. Its current price is $163.72, with a market capitalization of $85.01 billion. Despite its potential, Solana has experienced network outages and interoperability issues with Ethereum.
- SUI ( $SUI ):
Redefining Web3 infrastructure, SUI is gaining attention for its innovative approach to blockchain technology. Unfortunately, I couldn't find the current price and market capitalization for SUI.
- BDTCOIN ( $BDTC):
This breakout gem has seen a 600% growth in just 4 months, backed by gold and built to deflate. Listed on major centralized exchanges, $BDTC is definitely worth keeping an eye on. However, I couldn't find more information on its current price and market capitalization.
Some other notable altcoins to consider are:
- Dogecoin ( $DOGE):
A popular meme coin with a strong community, currently priced at $0.2075, with a market capitalization of $31.02 billion.
- Cardano ( $ADA):
A decentralized blockchain project focused on peer-to-peer transactions and smart contracts, currently priced at $0.7041, with a market capitalization of $24.78 billion.
- *Avalanche (AVAX)*: A fast and scalable platform for decentralized applications, currently priced at $21.53, with a market capitalization of $9.06 billion.
