This week's currency market: XRP leads; Solana and Polygon beat Bitcoin and Ethereum

#Headline Creation Challenge#This week is a week of counterfeit currency reboundAfter the victory over the U.S

#Headline Creation Challenge#

This week is a week of counterfeit currency rebound

After the victory over the U.S. Securities and Exchange Commission (SEC) in the Ripple court and the upcoming Polygon2.0, people's attention was diverted from the two market leaders (Bitcoin and Ethercoin).

Bitcoin (BTC) is still rebounding 3%, with a current price of $30287

  • Standard Chartered Bank, a multinational bank in the UKforecastBitcoin will reach120 thousandUSD. However, this is not enough to boost the price of the world's largest Cryptocurrency by market value this week.
  • Ethereum performs much better, although it is not in the same line as the counterfeit coins. At the beginning of this weekend,Ethereum prices rose 6.6%$2001. Thursday,Ethereum hit $2000 for the first time since May.

Polygon (MATIC) is soaring due to network growth

  • PolygonPolygon 2.0 POLMATIC.
  • PolygonSolanaSOLCardanoADA.Total market valueIn the following hours, it surged by 6%, reaching Friday1.3 trillion US dollars.

XRP led the rise with a 66% price surge, currently trading at $0.72194

Global regulators are continuing their efforts to deal with the growing Cryptocurrency industry

  • ----Markets in Crypto AssetsMiCA.MiCA2024630.
  • FSC20241.

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