Other digital currencies are also seeing a bullish trend as Bitcoin (BTC) continues its historic rise, with the total market capitalization reaching $4.29 trillion. Although Bitcoin is the market leader, the October surge known as the “Uptober wave” also occurred on Ethereum and other important blockchains and coins. A look at other digital currencies riding the bullish wave alongside the king coin is provided here, as Bitcoin (BTC) soared past yet another historic all-time high at $125,689 today.
Ethereum
Ethereum’s market capitalization reached $564.25 billion after a 12.03% increase in only the last week.
The blockchain is currently trading at $4,690.05, up 3.26% over the last day, according to CoinMarketCap statistics. Another factor contributing to the Ethereum rise is the robust demand for spot ETH ETFs (exchange-traded funds), which had inflows of $1.3 billion over the previous week.
XRP
XRP is trading at about $3.2, and its market capitalization has reached $181 billion. Since Ripple just announced that it would include zero-knowledge proofs by 2026, experts predict a clear push toward $3.22–3.30. This will improve secrecy on the blockchain and promote privacy for safe institutional transactions. In the last week, the digital asset has increased by 5%, and its one-year surge has reached 467%.
BNB
The value of the BNB Chain ecosystem’s native coin has increased by 5% in the last day to $1,222.19, with its m-cap reaching $169.5 billion.
The market short squeeze, the expectation of an ETF launch, and an increase in developer activity have all contributed to its 20% seven-day climb, according to CoinMarketCap.
BNB is a governance token, allowing holders to participate in the BNB Chain’s decentralized on-chain governance. It also serves as a strategic reserve asset and is an important part of the BNB Executive Total Value Locked (TVL) initiative.
Solana
The blockchain is currently rising at a rate of 2.61%, hovering around $235, and its market capitalization is $128.71 billion. It has surged by 12% in the last 7 days.
Solana’s alpha glow improvement is credited with the current rally because it has increased speed, decreased prices, and improved reliability by boosting block capacity and optimizing validator operations. Also supporting Solana is CIO Matt Hougan of Bitwise, a crypto index fund manager, who claims that Solana will emerge as Wall Street’s preferred blockchain for tokenization and stablecoins.
Dogecoin
Dogecoin has increased by 4.27% in the last day, reaching $0.2672. In only the last week, the meme-coin has experienced a 15% increase, with its m-cap reaching $40 billion.
According to experts, the SEC’s decision on a DOGE ETF, along with the general cryptocurrency market’s “Uptober” surge, may spur an additional surge in the well-known “Doge” Internet meme.
