Large cryptocurrencies rise as Solana rallies

Polygon
MATICUSD,
-0.46%
rose 1.08% to 55 cents, and Ethereum
ETHUSD,
-0.66%
increased 1.08% to $1,648.21.

Ripple
XRPUSD,
-0.44%
and Bitcoin
BTCUSD,
-0.50%
rounded out the increases for Wednesday, climbing 0.63% to 52 cents and 0.62% to $26,003.40, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.85%
increased 1.60% to $76.10, while MicroStrategy Inc.
MSTR,
+5.13%
rose 1.30% to $333.81. Riot Platforms Inc.
RIOT,
+5.40%
shares increased 1.80% to $10.74, and shares of Marathon Digital Holdings Inc.
MARA,
+7.31%
rose 1.87% to $11.16.

Overstock.com Inc.
OSTK,
+1.25%
slid 0.13% to $23.89, while Block Inc.
SQ,
+2.05%
increased 1.39% to $56.85 and Tesla Inc.
TSLA,
+1.57%
slid 0.70% to $231.57.

PayPal Holdings Inc.
PYPL,
+1.28%
rose 0.89% to $61.52, and Ebang International Holdings Inc.
EBON,
+3.09%
shares inched down 0.84% to $7.71. NVIDIA Corp.
NVDA,
+3.17%
rose 0.63% to $459.56, and Advanced Micro Devices Inc.
AMD,
+3.57%
rose 1.76% to $107.52.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+5.49%,
which is focused on pure-play crypto companies, rallied 1.05% to $7.19. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.87%
rallied 1.01% to $21.14. Grayscale Bitcoin Trust
GBTC,
+7.00%,
which tracks the Bitcoin market price, climbed 0.68% to $17.12.

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.