Solana Outpaces Majors as Bitcoin, XRP and Dogecoin Slip

Solana Outpaces Majors as Bitcoin, XRP and Dogecoin Slip

N
News Editor 01
2026-07-23 05:45:14
Crypto trading was mixed over the past 24 hours, with Solana posting gains while Bitcoin, Ethereum, XRP, BNB, Hyperliquid and Dogecoin moved lower. Smaller altcoins delivered outsized gains, led by Vanar Chain.
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Crypto markets traded in a mixed pattern over the last 24 hours, with Solana (SOL) rising 0.5% to $81.21 while several large-cap assets moved lower. Bitcoin (BTC), Ethereum (ETH), XRP, BNB, Hyperliquid (HYPE), and Dogecoin (DOGE) all posted losses, pointing to a cautious tone in the broader market even as selected altcoins attracted strong buying interest.

Large-cap tokens weaken while Solana stays in positive territory

BTC fell 0.2% to $63,298.73, with daily trading volume at $35.95 billion and market capitalization near $1.27 trillion. ETH also slipped 0.2% to $1,774.23, recording $16.13 billion in 24-hour volume and a market cap of $214.08 billion. BNB saw a steeper decline, dropping 0.9% to $579.67 on $754.18 million in daily volume, while its market capitalization stood at $78.11 billion.

XRP lost 1.5% and traded at $1.13, backed by $1.68 billion in volume and a $70.36 billion market cap. HYPE declined 1.9% to $70.36, with trading volume of $479.27 million and market capitalization of $15.65 billion. DOGE recorded the sharpest decline among the major tokens listed, sliding 3.0% to $0.07525. Its 24-hour trading volume reached $743.12 million and its market cap was $11.65 billion.

SOL stood apart from that group. The token logged $2.54 billion in daily volume and held a market capitalization of $47.25 billion. TRON (TRX) also remained slightly higher on the day, adding 0.1% to trade at $0.3297, with $456.38 million in trading volume and a market cap of $31.28 billion. The gains were modest, but they contrasted with the softer tone across much of the large-cap segment.

Vanar Chain leads smaller-token rally

Outside the biggest cryptocurrencies, a number of smaller tokens posted double-digit advances. Vanar Chain (VANRY) jumped 59.8%, making it the strongest performer in the list, alongside $113.94 million in trading volume. The Black Bull (ANSEM) climbed 33.9%, Yearn.finance (YFI) rose 33.4%, and EdgeX (EDGE) advanced 32.2%.

Blur (BLUR) gained 28.5%, followed by Tung Tung Tung Sahur (TRIPLET) at 28.0%. BabyBoomToken (BBT) added 26.5%, while Rootstock Infrastructure Framework (RIF) rounded out the top gainers with a 23.8% increase. The move suggests capital was not exiting the market uniformly; activity remained concentrated in select names.

High volume accompanies a selective market

The session showed a clear split. Several top digital assets finished lower, but losses in BTC and ETH were limited, and SOL managed to outperform the broader large-cap field. At the same time, a cluster of smaller altcoins delivered sharp gains. Trading remained active across the market, yet price action pointed to selective strength rather than a broad-based advance.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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