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Crypto Prune > News > Crypto > Altcoins > XRP wins top spots in grayscale weekly Crypto Snapshot
Altcoins

XRP wins top spots in grayscale weekly Crypto Snapshot

4 months ago 2 Min Read

XRP’s recent performance has earned him the best position on Grayscale’s Crypto Snapshot, making it the best performance cryptocurrency of the week.

Fresh data from Grayscale Investments shows that XRP has surpassed key assets such as Stellar, Cardano and Dogecoin, and has achieved its first position in Asset, Grayscale’s Crypto Snapshot.

In context, Crypto Snapshot – Assets is a weekly report from Grayscale showing the performance of the top 10 cryptocurrencies except Stablecoins.

The latest updates from the SEC and Ripple lawsuits had a major impact on XRP’s performance this week. The tokens were slowly recovering from widespread sales driven by Trump’s tariff renewal, but experienced a substantial surge after the SEC and Ripple asked the Second Circuit to dismiss their appeal.

Performance of non-stable coin ciphers other than the other top 10

As a result, XRP secured the top position in grayscale cipher snapshots, surpassing Star and Cardano, which were ranked 2nd and 3rd respectively.

According to the data, Stellar claimed its second position with weekly profits of 9.1%. In comparison, Cardano’s price rose 6.3% in a week, positioning it as the third best performing cryptocurrency in Grayscale cipher snapshots.

Top 10 Best Performance Cryptocurrencies | Greyscale

In particular, Dogecoin, Ethereum, Tron and Solana recorded profits of 6.1%, 5.8% and 4.2% per week, taking in fourth, fifth, sixth and seventh positions.

Bitcoin is near the bottom of the leaderboard and ranks 8th among the unstable coin cryptocurrencies other than the top 10 best performance. As of August 7th, the best cryptocurrencies saw a small profit of just 1.5% per week.

See also  After the release of Bear's AI White Paper, 41,000% Shibu Burn Rate Spikes

BNB and Hyperliquid found themselves in the ninth and tenth positions of the leaderboard. BNB recorded a modest growth of 0.5% over the week, but high lipids showed no profit or loss in the same time frame. Although there is a flat performance this week, Hyperliquid still has the highest year return at 69.5%.

TAGGED:AltcoinsAltcoins News
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