Most big cryptocurrencies increase as Solana surges

Most large cryptocurrencies were up during morning trading on Friday, with Solana
SOLUSD,
+0.19%
seeing the biggest move, jumping 11.93% to $50.46.

Seven additional currencies posted increases Friday. Uniswap
UNIUSD,
+1.71%
climbed 5.59% to $5.16, and Polkadot
DOTUSD,
-0.53%
climbed 2.78% to $5.03.

Dogecoin
DOGEUSD,
+4.57%
rose 1.59% to 7 cents, while Bitcoin
BTCUSD,
+0.05%
increased 1.40% to $37,067.80. Ethereum
ETHUSD,
-1.99%
rose 0.72% to $2,081.36.

Polygon
MATICUSD,
-3.21%
and Cardano
ADAUSD,
+0.58%
rounded out the increases for Friday, with gains of 0.72% to 82 cents and 0.63% to 36 cents, respectively.

On the other hand, Ripple
XRPUSD,
+2.43%
posted the only drop, falling 2.07% to 64 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.06%
rose 2.82% to $95.48, while MicroStrategy Inc.
MSTR,
+3.06%
climbed 2.14% to $504.63. Riot Platforms Inc.
RIOT,
+1.47%
shares slid 0.10% to $10.20, and shares of Marathon Digital Holdings Inc.
MARA,
+4.12%
rose 0.65% to $9.29.

Block Inc.
SQ,
+0.88%
rose 0.88% to $51.50 and Tesla Inc.
TSLA,
+2.22%
rose 1.00% to $212.09.

PayPal Holdings Inc.
PYPL,
+0.90%
rose 0.10% to $54.34, and Ebang International Holdings Inc.
EBON,
-0.26%
shares climbed 2.25% to $7.74. NVIDIA Corp.
NVDA,
+2.95%
increased 1.74% to $477.69, and Advanced Micro Devices Inc.
AMD,
+4.49%
climbed 3.08% to $116.99.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.27%
climbed 0.09% to $22.04. The Bitwise Crypto Industry Innovators ETF
BITQ,
,
which is focused on pure-play crypto companies, held steady at $7.31. Grayscale Bitcoin Trust
GBTC,
+3.04%,
which tracks the Bitcoin market price, rose 1.72% to $29.59.


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.

Read the full article here