- XLM has surged by more than 400% in the past 30 days.
- XRP and ADA have skyrocketed in recent weeks amid collaboration efforts.
- DOT has entered the top 15 with a market cap of $13.26 billion.
Prominent altcoins from the 2021 bull run, including Cardano (ADA), Stellar (XLM), XRP, and Polkadot (DOT), have surged during the current market cycle, reclaiming spots in the top 15. Bitcoin (BTC) and Ethereum (ETH) have also recorded significant gains, forming clear uptrends.
BTC has risen 8.06% in the past week, 46.36% over the last 30 days, and 158.53% since November 2023. Ethereum, with a 36.96% price increase in the past month, now holds a market cap of $404 billion, according to CoinMarketCap. The altcoin sector has also rallied, reflecting Bitcoin and Ethereum’s influence.
XRP, the sixth-largest cryptocurrency, has reached a market capitalization of $79.84 billion and climbed 174.70% in the last 30 days. The cryptocurrency hit a 3-year high at $1.62 but is currently trading at $1.40, reflecting a 5% daily decline. XRP remains 63.76% below its all-time high of $3.84, recorded in 2018.
Similarly, ADA climbed to the ninth position in the market after gaining 205.56% in the past 30 days, reaching a market cap of $35.47 billion. At the time of publication, the digital asset was trading at $1.01, down 67.61% from its all-time high of $3.10, which it reached in 2021.
ADA and XRP have both surged simultaneously in the past few weeks, and the two have announced partnerships focused on American fintech firm Ripple’s upcoming stablecoin RLUSD. They also plan to integrate DeFi components on the XRP Ledger (XRPL).
DOT and XLM Rally in Market Rankings
Polkadot (DOT) and Stellar (XLM) have also delivered impressive performances. DOT rose to 15th in the rankings after a 116.09% surge this month. Over the past week, DOT’s price climbed 51.64%, pushing its market cap to $13.26 billion. Currently, it trades at $8.71, with a 6.90% drop in the last 24 hours.
Meanwhile, Stellar (XLM) outpaced most altcoins, recording a 448.17% rise in the last month and claiming the 12th spot in the market. XLM’s price stands at $0.5161, down 44% from its all-time high of $0.9381.
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