Dogecoin (DOGE-USD) is advancing in today’s altcoin rally, climbing more than 11% to $0.355, according to CoinGecko. This makes it the fastest growing asset among the top 25 cryptocurrencies, with a market capitalization exceeding $52 billion. Traders on Binance bet big on DOGE, with 81% of them optimistic that prices will rise. Trading volume jumped 45% to $3.68 billion, demonstrating growing investor interest.
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XRP, Solana and Cardano also see gains
While DOGE led the pack, other major cryptocurrencies also saw impressive gains. XRP (XRP-USD) climbed 8.15% to $2.56, with trading volume up 12% to $8.78 billion. Solana (SOL-USD) saw a 6.9% increase to $187.91, while Cardano (ADA-USD) moved closer to its $1 mark, up 7.49% to $0.97.
Notably, Whale Alert detected significant Solana transactions, fueling market activity without curbing its bullish momentum. Meanwhile, Cardano’s trading volume increased by 15.53%, signaling strong support for the price action.
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