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Solana leads way as most big cryptocurrencies post advances

Most large cryptocurrencies were up during morning trading on Wednesday, with Solana
SOLUSD,
-2.27%
seeing the biggest change, rising 2.00% to $22.43.

Seven additional currencies posted rises Wednesday. Uniswap
UNIUSD,
-0.27%
increased 1.71% to $5.30, and Polkadot
DOTUSD,
-0.48%
increased 1.08% to $5.23.

Ethereum
ETHUSD,
-0.27%
rose 0.66% to $1,887.19, while Cardano
ADAUSD,
-0.45%
rose 0.52% to 29 cents. Dogecoin
DOGEUSD,
+0.15%
rose 0.28% to 7 cents.

Bitcoin
BTCUSD,
-0.13%
and Polygon
MATICUSD,
-0.87%
rounded out the increases for Wednesday, with gains of 0.28% to $30,669.30 and 0.19% to 74 cents, respectively.

On the other hand, Ripple
XRPUSD,
+0.60%
posted the only drop, falling 0.43% to 47 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.59%
fell 1.84% to $87.51, while MicroStrategy Inc.
MSTR,
+0.29%
rose 1.59% to $418.87. Riot Platforms Inc.
RIOT,
+0.80%
shares increased 3.32% to $18.09, and shares of Marathon Digital Holdings Inc.
MARA,
-3.05%
rallied 2.62% to $17.85.

Overstock.com Inc.
OSTK,
+0.20%
climbed 0.13% to $30.76, while Block Inc.
SQ,
+0.17%
rose 0.58% to $71.52 and Tesla Inc.
TSLA,
+0.82%
rose 1.56% to $274.01.

PayPal Holdings Inc.
PYPL,
-0.04%
climbed 0.14% to $70.72, and Ebang International Holdings Inc.
EBON,
+8.17%
shares climbed 2.07% to $9.37. NVIDIA Corp.
NVDA,
+3.53%
rose 2.94% to $436.52, and Advanced Micro Devices Inc.
AMD,
+2.93%
climbed 3.18% to $114.86.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.52%
rallied 1.59% to $25.61. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.90%,
which is focused on pure-play crypto companies, rose 0.88% to $10.05. Grayscale Bitcoin Trust
GBTC,
-1.15%,
which tracks the Bitcoin market price, climbed 1.00% to $20.13.


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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