COIN - Why Coinbase Solana and Near Protocol Had Massive Gains This Week
2024-03-08 17:27:17 ET
The crypto market went a little crazy this week as Bitcoin (CRYPTO: BTC) topped $70,000 for the first time and hundreds of millions of dollars flowed into Bitcoin ETFs. Almost every altcoin followed the big gains, as did publicly traded crypto companies.
Coinbase (NASDAQ: COIN) was the biggest winner on the stock market, rising as much as 31.5% this week and closing up 24.7%, according to data provided by S&P Global Market Intelligence . On the crypto side, Solana (CRYPTO: SOL) jumped as much as 16.6% since last Friday and Near Protocol (CRYPTO: NEAR) was up 43.9% at its peak. The tokens are up 12.6% and 40.3%, respectively, as of market close on Wall Street.
Image source: Getty Images.
For further details see:
Why Coinbase, Solana, and Near Protocol Had Massive Gains This Week