Zcash climbed through $1,000 while Bitcoin briefly traded above $82,000 after a softer signal from Federal Reserve Governor Christopher Waller drew buyers back to risk assets. The move lifted the wider crypto market to its highest valuation in more than seven months, although strong US employment data later cooled the rally.
The Solana price has surged by about 20% within a week, fueled by billions in institutional inflows. A leading crypto analyst sees even greater potential for SOL.
During the Asian session, XRP/USD is trading around 3.0092: the token is advancing after reports that the RLUSD stablecoin will become available in Africa through partnerships with fintech companies Chipper Cash, VALR, and Yellow Card, enabling faster, cheaper, and more efficient cross-border payments. Institutional investors currently face hurdles in accessing stable local-currency liquidity. According to Jack McDonald, Vice President for stablecoins, interest in RLUSD has increased significantly since its late-2024 launch: this is also reflected in its market capitalization, which has already exceeded $700.0 million. The product is fully compliant with regulatory requirements and is issued via a specialized trust company supervised by the New York State Department of Financial Services (NYDFS).
The SOL/USD pair is holding near 220.89 following reports that hackers stole 92.6K SOL — equivalent to $41.5 million or about 2.0% of assets — from an external wallet used for the SOL Earn strategy on SwissBorg.
Ripple has bounced back from its monthly low, adding around seven percent in the past week. With the token now trading at $3.01, it is testing a key technical barrier that could determine the next direction of the market.
The ETH/USD pair is trading around 4359.34. Last week, the price dropped to 4261.00 but managed to recover lost ground and is now holding steady compared to the decline from the all-time high on August 24, triggered by heightened geopolitical instability, U.S. trade policy, and weak labor market data. Meanwhile, investors are actively adding ETH to their portfolios.