Most large cryptocurrencies rise as Solana jumps

Dogecoin
DOGEUSD,
+3.83%
climbed 2.47% to 7 cents, while Cardano
ADAUSD,
+4.56%
rose 2.37% to 37 cents. Ripple
XRPUSD,
+2.61%
climbed 1.52% to 64 cents.

Bitcoin
BTCUSD,
+5.35%
and Ethereum
ETHUSD,
+2.94%
rounded out the increases for Wednesday, with gains of 1.52% to $36,122.80 and 1.45% to $2,010.71, respectively.

On the other hand, Polygon
MATICUSD,
-0.01%
posted the only drop, falling 0.59% to 90 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+6.58%
increased 4.06% to $95.83, while MicroStrategy Inc.
MSTR,
+5.41%
rose 1.59% to $487.61. Riot Platforms Inc.
RIOT,
+9.76%
shares rose 1.38% to $9.86, and shares of Marathon Digital Holdings Inc.
MARA,
+11.67%
climbed 2.63% to $9.41.

Block Inc.
SQ,
+2.18%
increased 3.07% to $56.79 and Tesla Inc.
TSLA,
+2.29%
climbed 1.32% to $240.55.

PayPal Holdings Inc.
PYPL,
+2.77%
increased 1.48% to $57.52, and Ebang International Holdings Inc.
EBON,
+3.14%
shares fell 1.01% to $7.28. NVIDIA Corp.
NVDA,
-1.55%
shed 1.31% to $490.04, and Advanced Micro Devices Inc.
AMD,
-1.57%
declined 2.25% to $117.18.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+6.62%,
which is focused on pure-play crypto companies, climbed 1.41% to $7.20. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.87%
rose 1.19% to $22.20. Grayscale Bitcoin Trust
GBTC,
+8.53%,
which tracks the Bitcoin market price, climbed 2.26% to $28.04.

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.