Solana leads way as large cryptocurrencies post advances

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All large cryptocurrencies were up during morning trading on Wednesday, with Solana
SOLUSD,
+2.52%
seeing the biggest move, rising 7.21% to $78.97.

Polkadot
DOTUSD,
+0.88%
climbed 4.20% to $7.03, while Bitcoin
BTCUSD,
+0.57%
rose 3.24% to $43,876.20.

Uniswap
UNIUSD,
+1.16%
and Ethereum
ETHUSD,
+0.92%
increased 2.72% to $6.05 and 2.57% to $2,241.07, respectively.

Polygon
MATICUSD,
+1.49%
increased 2.54% to 79 cents, and Cardano
ADAUSD,
+1.05%
climbed 2.54% to 60 cents.

Ripple
XRPUSD,
+0.26%
and Dogecoin
DOGEUSD,
+0.50%
rounded out the increases for Wednesday, climbing 2.01% to 62 cents and 0.79% to 9 cents, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.43%
increased 2.82% to $165.70, while MicroStrategy Inc.
MSTR,
+0.38%
rose 3.54% to $591.50. Riot Platforms Inc.
RIOT,
-1.38%
shares rose 3.87% to $17.32, and shares of Marathon Digital Holdings Inc.
MARA,
+0.59%
climbed 5.51% to $23.18.

Block Inc.
SQ,
-1.55%
increased 1.27% to $78.29 and Tesla Inc.
TSLA,
-3.92%
climbed 0.75% to $259.14.

PayPal Holdings Inc.
PYPL,
-2.02%
rose 0.64% to $63.41, and Ebang International Holdings Inc.
EBON,
+48.06%
shares surged 10.33% to $9.30. NVIDIA Corp.
NVDA,
-3.01%
climbed 0.39% to $497.99, and Advanced Micro Devices Inc.
AMD,
-3.34%
shed 1.31% to $138.32.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-0.37%,
which is focused on pure-play crypto companies, rose 3.75% to $11.34. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.10%
rose 1.89% to $29.68. Grayscale Bitcoin Trust
GBTC,
+2.56%,
which tracks the Bitcoin market price, rose 4.42% to $36.48.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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