Cryptocurrencies Price Prediction: XRP, ENA & Toncoin – European Wrap 10 May
XRP hovers above $0.50 as Ripple joins alliance to simplify recovery of digital assets
XRP trades around $0.5174 early on Friday, wiping out gains from earlier in the week, as Ripple announced it has joined an alliance to support digital asset recovery alongside Hedera and the Algorand Foundation.
Ethena plans to leverage USDe to integrate DeFi, CeFi and traditional finance
Ethena (ENA), a protocol developed on the Ethereum blockchain offering a synthetic stablecoin (USDe) that operates across various DeFi applications, announced on Friday that itsUSDe will integrate DeFi, CeFi and traditional finance as part of its 2024 roadmap.
Toncoin catches up with XRP
The crypto market added 2.8% in the last 24 hours to a total cap of $2.34 trillion, returning to the levels of the start of the week. Bitcoin was up 2.7%, Ethereum +1.8%, with Solana (+7.3%) and Toncoin (+13%) shining once again. The capitalisation of the latter ($23.7B) is approaching the level of XRP ($28.6B). The gap is an impressive 20% but substantially narrowed over the last week as XRP lost 1% while Ton gained 28%.
Author
FXStreet Team
FXStreet
