The day witnessed a blend of minor gains and losses across the cryptocurrency market. Solana SOL, Ripple’s XRP, and Ordinal’s ORDI notable upward movement stood out, whereas Bitcoin remained tangling in the consolidation area. Yet, the full impact of the news related to the SEC’s deadline regarding the submission of amended documents for the spot Bitcoin ETF approval is to be reflected.

Solana SOL’s  Impressive Surge

Solana SOL surged impressively by 8.224% in a daily performance and an astounding 69.60% weekly surge. While other major cryptocurrencies like Bitcoin and Ethereum were in the consolidation zone, Solana exhibited aggressive momentum. Its climb from $ 72 on 20th December to $123 making its all-time high in the year 2023 reflects its strong upward trend, recently breaking the $120 resistance level with potential sights set on reaching $137. 

Ripple’s XRP Surge in Trading Volume by 83.15%

Ripple’s XRP fluctuated between $ 0.50 and $0.70, striving to reach the $1 mark. With a 2.12% increase in market capitalization, it showed a silver shine.  However, an 83.12% surge in trading volume over the past 24 hours makes clear the increasing interest in EXP.

This surge in investors’ interest might potentially linked to the developments in the ongoing lawsuit with the SEC and Hong Kong’s recent regulators’ readiness for accepting spot crypto ETF applications.

Ordinal’s ORDI Has Gained 41.74% in 24 Hours

Ordinal’s ORDI token surged significantly, marking a 41.74% increase in market capitalization and an impressive 146.33% rise in trading volume within 24 hours. Currently trading at $75.93, ORDI holds a market capitalization worth $1.59 billion, gaining significant traction in the crypto sphere.

Bitcoin’s Consolidation Phase

Bitcoin remained in a consolidation zone, hovering around $43,560.43, experiencing a marginal 0.31% decline from its opening. As investors await the anticipated spot Bitcoin ETF approval, they are not betting for a higher price. However, Bitcoin’s 24-hour trading volume surged by 44.40%, indicating cautious anticipation in the market.

Related News: Solana SOL Price Breakthrough Elevates It to 4th In Crypto Sphere