Home > News > Market highlights: Solana (SOL), Avalanche (AVAX), and Polkadot (DOT) all hit new highs

Market highlights: Solana (SOL), Avalanche (AVAX), and Polkadot (DOT) all hit new highs

The cryptocurrency market was in the green over the last 24 hours, with most top 10 coins registering significant gains.

The global crypto market cap as of Thursday morning stood at $2.74 trillion, a 0.26% increase in the last 24 hours. The total market volume also increased by 4.77% to $136.19 billion in the last 24 hours.

The DeFi and stable coins have seen the most gains. The total volume in DeFi stands at about $19.41 billion, which is 14.25% of the total crypto market volume in the last 24 hours. The volume of all stable coins stands at around $103.23 billion, which is about 75.8% of the crypto market in the last 24 hours.

Solana (SOL) new ATH: $247.62

Solana (SOL) has been on a relentless bullish trend since July 20 and it has been setting and smashing new all-time highs (ATH) almost every week. 

In the early hours of November 4, SOL smashed through its previous ATH to set a new ATH at $247.62 before taking a slight pullback to the $240 level.

Avalanche (AVAX) new ATH: $80.37

Similarly, the Avalanche (AVAX) coin has been on a relentless bullish trend since July 19. 

It set a new all-time high at $80.37 in the early hours of November 4, before taking a slight pullback to trade at about $77.79 at the time of writing, registering a 10% rise in the last 24 hours.

Polkadot (DOT) new ATH: $54.55

Polkadot (DOT) is another cryptocurrency that has also seen a tremendous upward price movement since July 20. 

In the early hours of November 4, it set a new all-time high at $54.55, before retracing back to around $52.50 at the time of writing.

Top Movers

Ripple (XRP) was the biggest gainer among the top 10 coins after registering a 7% rise in the last 24 hours to trade at $1.23. It was closely followed by Polkadot (DOT) and Solana (SOL) which registered a 3.63% and 4.72% respectively in the last 24 hours.

Outside the top 10, Squid Game (SQUID) was the best gainer after gaining 1048.92% as it recovered from the recent crash. It was followed by GreenMoonZilla (GRMZilla), which registered a 545% rise in the last 24 hours.

Trending coins to follow

Two of the most trending coins in the last 24 hours are CumStar (CUMSTAR) and ShibX (ShibX).

CumStar is up 27% in the last 24 hours to trade at $0.00000001456 while ShibX is up 44% in the last 24 hours to trade at $0.0004386.

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