Solana leads way as large cryptocurrencies post advances

Polygon
MATICUSD,
+2.12%
increased 2.54% to 79 cents, and Cardano
ADAUSD,
+2.46%
climbed 2.54% to 60 cents.

Ripple
XRPUSD,
+2.07%
and Dogecoin
DOGEUSD,
+0.90%
rounded out the increases for Wednesday, climbing 2.01% to 62 cents and 0.79% to 9 cents, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.17%
increased 2.82% to $165.70, while MicroStrategy Inc.
MSTR,
+3.16%
rose 3.54% to $591.50. Riot Platforms Inc.
RIOT,
+3.24%
shares rose 3.87% to $17.32, and shares of Marathon Digital Holdings Inc.
MARA,
+3.87%
climbed 5.51% to $23.18.

Block Inc.
SQ,
+1.53%
increased 1.27% to $78.29 and Tesla Inc.
TSLA,
-0.03%
climbed 0.75% to $259.14.

PayPal Holdings Inc.
PYPL,
+0.47%
rose 0.64% to $63.41, and Ebang International Holdings Inc.
EBON,
+32.26%
shares surged 10.33% to $9.30. NVIDIA Corp.
NVDA,
+0.39%
climbed 0.39% to $497.99, and Advanced Micro Devices Inc.
AMD,
-0.79%
shed 1.31% to $138.32.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+3.29%,
which is focused on pure-play crypto companies, rose 3.75% to $11.34. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.42%
rose 1.89% to $29.68. Grayscale Bitcoin Trust
GBTC,
+3.64%,
which tracks the Bitcoin market price, rose 4.42% to $36.48.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.