TON, AKT, AR see increases of over 15% as market stabilizes

As cryptocurrency prices recover, three coins in the top 100 have seen price increases of 15% or more.

According to CoinMarketCap, the total crypto market capitalization increased by around 2.4%. With a current valuation of $2.33 trillion, more than $55.9 billion has flowed into native blockchain assets in the last 24 hours.

Bitcoin (Bitcoin) gained nearly 3%, one of the biggest increases in the top 10 virtual currencies after Solana (SUN) increase of 7%. Both tokens have been overshadowed by Toncoin (TONNE), the cryptocurrency issued by the Telegram-endorsed network, The Open Network.

TON’s uptrend has resulted in a 17% price increase, taking the token past $7 at press time. Furthermore, Toncoin has again surpassed the popular memecoin Dogecoin (DOGE) by market value and regained eighth position among the largest cryptocurrencies.

Telegram-affiliated token was also gaining ground on Ripple XRP. Although XRP’s market valuation was higher by almost 20%, TON gained momentum last week and rose 27%. XRP lost more than 2% in seven days.

Arweave decentralized storage token (FROG) also benefited from the market, closing the gap between competitors like Filecoin (FIL) and computer with Internet (PIC). AR grew over 16% daily, trading for over $44 per coin.

The biggest winner of the day was Akash Network (AKT), a decentralized cloud platform that allows users to rent and sell computing resources, with a 27% price increase.

Top Crypto Gainers for May 10 | Source: CoinMarketCap

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