🚀 XRP surged 17% to lead! The five major mainstream currencies performed shockingly in 24 hours. Did you catch this wave of market? According to Mlion.ai analysis, the cryptocurrency market has ushered in a wave of remarkable rising market in the past 24 hours, among which XRP led the mainstream currencies with an astonishing 17.25% increase, becoming the biggest winner in the market. What kind of market logic is hidden behind this wave of market? 📈 Positive policies ignite market sentiment The strong performance of the market is not accidental. On July 17, the U.S. House of Representatives formally passed the "GENIUS Act", and the passage of this stablecoin regulatory bill is regarded by the industry as an important milestone in the digital asset industry. The bill establishes a clear regulatory framework for stablecoins pegged to the US dollar, greatly enhancing the market's confidence in the compliance process of cryptocurrencies. 💰 Analysis of the performance of the five major mainstream currencies 1/XRP: The king returns, and the 17.25% increase shocked the audience The explosive growth of XRP is undoubtedly the biggest highlight of this round of market. The 24-hour increase of 17.25% and the trading volume of 16.8 billion US dollars show the market's strong confidence in its future development. 2/ETH: Steady increase of 3.33%, ecological value continues to be released Ethereum's performance is also impressive, and the increase of 3.33% reflects its core value as a smart contract platform. The 24-hour trading volume of 43 billion US dollars reflects the market's recognition of the continued development of the Ethereum ecosystem, especially in the fields of AI and blockchain integration, DeFi innovation, etc. DOGE: The king of meme coins is moving forward steadily, with a 2.50% increase Although the increase of 2.50% of Dogecoin is relatively mild, the trading volume of 11.2 billion US dollars shows its strong community foundation and market liquidity. The deep-rooted meme coin culture provides DOGE with unique value support. BNB: The platform coin has grown steadily by 1.39% BNB's 1.39% increase reflects the robustness of the platform coin, and the trading volume of 2.5 billion US dollars reflects its important position in the ecosystem. BTC: Bitcoin King Style, 0.59% Moderate Rise Although Bitcoin's increase is relatively moderate, the huge trading volume of $49.5 billion highlights its market leadership. The current price has broken through the $119,000 mark, and technical indicators show that there is still room for further growth. --- Want to get more professional cryptocurrency analysis and investment advice? Experience the AI-driven smart investment assistant now and let the data escort your investment decisions! Source: mlion.ai