This week has witnessed a positive trend for various cryptocurrencies, as reflected in their market performance. The recent proposal for a Solana ETF has likely played a role in rekindling market interest.
**Market Snapshot: Mantra’s Ascension**
Mantra’s (MANTRA) value has soared to the top of the charts this week. Currently priced at $0.9016, the token has experienced an 8.5% increase compared to its value a week ago, with a market capitalization of $747M. The surge in Mantra’s value is linked to the July 5th announcement of the new MANTRA Turkey X account, sparking renewed vigor in the market.
**MultiversX’s Market Momentum**
MultiversX (EGLD), another cryptocurrency, has also enjoyed market gains, trading at $33.89 and up by 2.28% from last week, boasting a market cap of $992M. The uptick is attributed to the July 3rd announcement of a partnership with zealy_io, simplifying community engagement for MultiversX projects through a unified interface for managing quests and campaigns.
**Notcoin’s Noteworthy Performance**
Notcoin (NOT) has marked itself as a significant gainer this week, with its price climbing by 4.8% to $0.01513, and its market capitalization reaching $1.6B. The token’s community has fueled this growth with the introduction of a new gaming meta through their telegram gaming accelerator, leveraging blockchain technology to power telegram mini apps.
**Tron’s Trading Triumph**
Tron (TRX) has also seen a successful week, with its price increasing by 4.2% to $0.1303, and its market cap equaling $1.6B. A notable development contributing to Tron’s rise is the June 2024 report that 66% of XPOS transactions utilized the TRON network with USDT.
**Polkadot’s Positive Price Movement**
Polkadot (DOT) rounds out this week’s winners, trading at $6.24, a 1.8% increase from the previous week, and a market cap of $6.2B. The community’s announcement of DOT’s integration with Ledger gud cold storage, supporting universal DOT and para-chain, has likely influenced this uptick.
