- XRP shows signs of recovery despite a short-term decline, with strong trading volume.
- Solana faces significant correction, highlighting volatility despite high trading volume.
- USDC remains stable, offering consistency amidst broader market fluctuations.
The U.S. cryptocurrency market continues to evolve, with numerous digital assets making significant strides. Since the introduction of the “Made in USA” category on January 20, over 240 cryptocurrencies have been listed. This segment tracks the performance of U.S.-developed coins, which currently hold a combined market capitalization of $445 billion.
According to Coingecko data, recent market activity reflects a 5.2% decline in total value over the last 24 hours, indicating a short-term downturn. Despite this dip, some assets show signs of resilience and potential recovery.
Are you currently watching the "Made in USA" category? 👀
— CoinGecko (@coingecko) February 18, 2025
Since we launched the Made in USA category on January 20th, more than 240 coins have been added!
Check out the full list: https://t.co/EZes9tQkvw pic.twitter.com/1HAYhUz8l8
XRP Maintains Position Despite Volatility
XRP remains one of the leading cryptocurrencies in the U.S. market, ranking third among the top American digital assets. Currently trading at $2.58, XRP has witnessed a 0.3% gain in the last hour. However, it has declined 3.5% over the past 24 hours.
Despite this short-term drop, the cryptocurrency has increased by 3.1% over the past week. This recent upward trend suggests a potential recovery. Moreover, XRP’s 24-hour trading volume stands at $4.13 billion, indicating strong investor interest in the asset.
Solana Faces Market Correction
Solana (SOL), ranked sixth among U.S.-based cryptocurrencies, has experienced significant fluctuations. It is currently valued at $168.61, reflecting a 1.2% increase in the last hour.
However, over the past 24 hours, it has declined by 8.6%, and its weekly performance shows a 17.8% drop. This sharp correction underscores the volatility within the crypto market. Despite this downturn, Solana remains one of the most traded assets, with a 24-hour volume of $5.35 billion.
USDC Remains Stable Amid Market Swings
As a stablecoin pegged to the U.S. dollar, USDC has demonstrated consistency in value. It currently trades at $0.9999 with no price movement over the past hour, day, or week. Its stability makes it a preferred choice for investors looking to hedge against market volatility. Additionally, its 24-hour trading volume stands at $5.08 billion, reinforcing its strong position in the digital asset space.
Cardano Shows Signs of Strength
Cardano (ADA), ranking ninth, is currently priced at $0.7822. It has seen a 0.4% increase in the last hour but a 1.5% decline over the past 24 hours. However, over the past week, ADA has gained 3.3%, suggesting potential bullish momentum. Its trading volume of $918.7 million further highlights active market engagement.
Chainlink and Stellar Struggle to Gain Traction
Chainlink (LINK) and Stellar (XLM) are also among the notable U.S.-developed cryptocurrencies. LINK, ranked thirteenth, trades at $18.15. While it has risen 0.4% in the last hour, it has declined 5.1% in the past day and 7.6% over the week. Its trading volume of $690.8 million reflects continued investor activity despite a bearish trend.
Meanwhile, Stellar (XLM), currently fifteenth, is priced at $0.3257. It has seen a slight 0.1% increase in the last hour but has dropped 4.0% over the past day. With a weekly loss of 3.5%, its bearish outlook persists. However, its trading volume of $190.6 million suggests moderate market participation.
