The largest cryptocurrency by market value traded at $27,400 on Wednesday, seemingly stabilizing around that level after losing support at $28,000 earlier this week. Ether (ETH) lost 1.3%, Solana’s SOL fell 3.5% to lead majors losses, while Cardano’s ADA and BNB Chain’s BNB slipped 2% each in the past 24 hours.
XRP tokens were among the few majors in green following two Ripple victories in the last 24 hours. Tuesday. A court case tilted in the payment firm’s favor, while its Asia arm was awarded a license to offer key services in Singapore – bouying prices.
Elsewhere, Polygon’s MATIC and Tron network’s TRX rose 2% on no apparent material catalyst. Tokens of lending protocol Aave (AAVE) dropped 8%, plunging the most among the top hundred tokens by market capitalization.
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