XRP News Today: Newton (AB) Surges 115% in 30 Days, Outperforming Bitcoin

In June, several large-cap cryptocurrencies demonstrated remarkable resilience and growth, outperforming the broader crypto market. While Bitcoin cooled off after hitting its $112K high last month, many altcoins followed the usual pattern, dipping when Bitcoin slowed. However, a few surprising names managed to stand tall with solid 30-day gains.

Newton (AB), a DeFi token used for lending and trading, saw an impressive increase of over 115% in the last 30 days. The token has garnered significant attention, but there is still uncertainty about whether the price will continue to rise. This cautious optimism is a positive sign, as excessive hype often leads to a price drop.

SPX6900 (SPX), a meme coin running on Ethereum and Solana, experienced a notable 97% increase over the past month. Despite a recent small dip, traders are optimistic about its potential to bounce back. Surprisingly, the coin has not attracted as much hype as one might expect from a meme token, which could be a factor in its sustained growth.

WhiteBIT Token (WBT), the native coin of a major crypto exchange, saw a strong 61% rise in the past week, making it one of the biggest gainers among top market cap coins. Currently, WBT is trading around $48.26, reflecting a 6% drop in the last 24 hours, with a market cap hitting $4.17 billion.

Hyperliquid (HYPE), which powers a decentralized trading platform, has grown 4x since April and is up another 52% this month. There is significant interest in this coin, but if the social buzz slows down, the price could rise even more. This dynamic highlights the potential for further growth as the market stabilizes.

WhiteRock (WHITE), focusing on turning real-world assets like stocks and property into crypto tokens, gained 66% in 30 days, even after dropping from its peak. Currently, it is trading around $0.00081, reflecting an 11% drop in the last 24 hours. Many traders are not closely watching it, which could make it a hidden gem with untapped potential.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a 3.5% increase, trading slightly above the $2,600 mark with a market cap exceeding $318 billion. This performance was notable as it occurred during a time when the overall crypto market was showing signs of recovery following a turbulent period. Ethereum's institutional backing and its role in the decentralized finance (DeFi) sector contributed to its stability and growth.

XRP, another major cryptocurrency, also stood out by outperforming other large-cap coins amidst geopolitical tensions. Its gains were particularly significant as global markets remained volatile ahead of key economic events. XRP's performance highlighted its potential as a stable and reliable asset in uncertain times.

Bitcoin (BTC), the world's largest cryptocurrency by market capitalization, continued to dominate the market with a market cap of $2.1 trillion. Although its price remained relatively stable around $110,295, Bitcoin's influence on the broader market was evident as its movements often set the tone for other cryptocurrencies. Bitcoin's resilience and its role as a store of value contributed to its continued dominance.

Solana (SOL) and Cardano (ADA) were also among the top performers in June. Solana's high-speed transactions and low fees made it an attractive option for developers and users alike, while Cardano's focus on sustainability and scalability continued to draw attention from investors. Both cryptocurrencies showed strong performance, reflecting their growing adoption and utility in the crypto ecosystem.

MetaGamesCoin (MGC) also made headlines with a 30.46% gain in the last month and a 416.25% increase over the past year. Despite a prediction of a 19.16% drop in the next five days, MGC's bullish sentiment and positive technical indicators suggested a continued upward trend. The coin's performance against Bitcoin and Ethereum further highlighted its strength in the market.

The overall sentiment in the crypto market was positive, with the Fear & Greed index reading at 68, indicating a state of greed among investors. This optimism was reflected in the performance of large-cap coins, which showed resilience and growth despite the broader market's volatility. The technical indicators for these coins, including moving averages and oscillators, generally signaled a bullish outlook, further supporting their strong performance in June.