- XRP topped the top altcoins in terms of sales in 2023. The asset’s exchange rate has risen 52% since mid-June.
- On the back of this, the sales volume and price of several other altcoins have increased, including SOL and DOGE. Bitcoin’s dominance, on the contrary, declined.
Altcoin’s dominance in the cryptoasset market reached a 4-month high in July, according to a Kaiko report. The ranking is led by XRP, which has a trading volume of more than $150 billion:
Top 10 altcoins by trading volume
Since mid-June, when Ripple Labs won a partial court victory over the U.S. Securities and Exchange Commission (SEC), the asset’s price has risen 52%. At the time of writing, it is trading at $0.68, according to CoinMarketCap:
XRP XRP
Price:
$0.68942689
-4.38%
24h Volume:
$1.1b