Polkadot (DOT), Solana (SOL), Ripple (XRP), Shiba Inu (SHIB) Price Analysis and News

Polkadot had a solid performance, rising 2.15% in the past 24 hours and accumulating gains of 6.55% over the past week.

Top crypto performers on March 17: Polkadot, Solana, Ripple, Shiba Inu (SHIB)

March 17 saw mixed performances among the top cryptocurrencies by market capitalization, with some coins notching up gains while others faced slight declines.

Here’s a closer look at the price movements of Polkadot (DOT), Solana (SOL), Ripple (XRP) and Shiba Inu (SHIB) on March 17.

Polkadot (DOT) price today, March 17: Rising on parachain auction interest

DOT price performed solidly on March 17, rising 2.15% in the past 24 hours and accumulating gains of 6.55% over the past week.

Polkadot saw a solid performance last week as parachain auctions entered their third batch. The auctions, which determine which projects will secure a slot on Polkadot’s parachains, have attracted interest from developers and investors, driving up the price of DOT.

Solana (SOL) price today, March 17: Seeing slight dip after fast rise

Solana price saw a slight dip on March 17, decreasing 0.63% in the past 24 hours. However, SOL price is still up 11.10% for the week.

Solana saw a rapid rise in the past week as the network’s fast growth and increasing use of Solana-based decentralized applications (dApps) and nonfungible token (NFT) platforms continue to attract attention.

Ripple (XRP) price today, March 17: Facing minor declines amid legal battle

Ripple price faced minor declines on both the daily and weekly charts. XRP price decreased 1.07% in the past 24 hours, while it is down 0.39% for the week.

XRP price continues to trade within a tight range as the market awaits a decision in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission. The court ruling could have a major impact on XRP price.

Shiba Inu (SHIB) price today, March 17: Seeing slight decline after gains

Shiba Inu price saw a slight decline on March 17, decreasing 2.11% in the past 24 hours. However, SHIB price is still up 8.45% for the week.

SHIB price saw a 2.11% decline in the past 24 hours, though it is still up 8.45% for the week. The meme-inspired cryptocurrency saw a retail-driven rally in the past week.

Despite being up for the week, SHIB price is down around 78% from its all-time high of $0.00008845 on Oct. 28. However, the coin’s massive gains in 2023 have brought it closer to re-entering the top 10 cryptocurrencies by market cap.

Top crypto gainers and losers on March 17: SHIB, GMT, RPL, LDO, XLM

At the time of writing on March 17, the total crypto market cap stands at $2.336 trillion, up 0.81% in the past 24 hours. BTC price is currently trading at $65,897, up 0.68%, while ETH price is up 1.04% and trades at $3,990.

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