Grayscale, the most prominent crypto asset manager, has spotlighted XRP as one of the most valuable crypto assets in the industry.
In a recent post on X, Grayscale shared a weekly spotlight of the most prominent crypto assets in the market, specifically highlighting their price performances. XRP was featured in the highlight reel, standing alongside industry giants Bitcoin and Ethereum with its market cap of $25 billion.
The weekly snapshot revealed a challenging seven-day period for the top ten crypto assets, with all but two experiencing significant declines. While Solana (SOL) and Tron (TRX) bucked the trend with positive returns, the remaining eight assets in the top ten posted negative returns.
The biggest loser for the week was Dogecoin (DOGE), whose value collapsed by 9% between July 3 and 10. Toncoin (TON) followed closely, tanking by 8.3% during the same time frame, reducing its cap to $18 billion.
XRP, Ethereum, and Binance Coin (BNB) suffered similar losses, each shedding 6% of their value over the week. Bitcoin fared slightly better but still declined by 4.4%.
On the other hand, TRX surged by 2.3% during the same period, while SOL posted a 0.5% gain. Effectively, these weekly losses impacted the year-to-date yields of these top-ranking crypto assets.
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