It’s a strong day in the crypto market, with Solana shining brightest among top coins and enough positive news floating around to keep hopium alive. The bears are still roaming, however, with plenty still calling for lower prices.

Cue the Michael Saylor-led MicroStrategy company making another seemingly spur-of-moment Bitcoin (BTC) splurge…

The Bitcoin bull CEO was a recent guest on the popular UpOnly podcast and revealed the following insight about his BTC-buying strategy…

 

Top 10 overview

With the overall crypto market cap up about 5.3% over the past 24 hours, here’s the state of play in the top 10 by market cap at the time of writing – according to CoinGecko data.

Polkadot (DOT) is having a decent 24 hours, having flipped Terra (LUNA) and looking more and more likely to nab a shirt sponsorship deal with the famous FC Barcelona football club, according to the rumours.

However, it’s another prominent layer 1 platform, Solana (SOL), that’s really bursting through today, with a +19% daily gain at the time of writing, despite the project’s recent much-maligned network issues.

Solana has been surging on the back of a spate of good news this week. Firstly, the SOL-based wallet Phantom has raised US$109 million in a funding round led by the VC firm Paradigm, giving the company a US$1.2 billion valuation.

Then, there’s the launch of Solana’s “Pay” product, which aims to enable and boost stablecoin payments within the blockchain’s ecosystem, largely focused on USDC.

But even more than these two things, the fuel that’s likely pumping SOL hardest right now is the fact crypto exchange behemoth Coinbase is now listing Solana-ecosystem tokens for the first time. Yup… the old Coinbase-listing-pumpage trick.

The new coins being supported include the decentralised exchanges Orca (ORCA) and Bonfida (FIDA).

And just to top things off, the SOL technicals are apparently looking pretty good, too, according to analyst Scott “The Wolf of All Streets” Melker…

It’d be prudent to keep both bullish and bearish perspectives in mind, of course – especially in such a volatile market swinging this way and that at the whim of consistently inconsistent macroeconomic forces.

 

Winners and losers: 11–100

Sweeping a market-cap range of about US$18.9 billion to about US$906 million in the rest of the top 100, let’s find some of the biggest 24-hour gainers and losers at press time.

DAILY PUMPERS

• LooksRare (LOOKS), (market cap: US$1.05b) +14.5%

• Mina (MINA), (mc: US$946m) +12%

• Leo Token (LEO), (mc: US$3.6b) +10%

• Elrond (EGLD), (mc: US$3.16b) +8.5%

• Aave (AAVE), (mc: US$2.2b) +8%

 

DAILY SLUMPERS

• Uniswap (UNI), (market cap: US$5.1b) -4%

• Arweave (AR), (mc: US$1.95b) -3%

• Loopring (LRC), (mc: US$1.3b) -2.5%

• Chainlink (LINK), (mc: US$8b) -2.3%

• Synthetix (SNX), (mc: US$1.1b) -2.2%

 

Lower-cap winners and losers

Moving below the crypto unicorns (in some cases well below), here’s just a selection catching our eye…

DAILY PUMPERS

• World of DeFish (WOD), (market cap: US$445m) +65%

• Bezoge Earth (BEZOGE), (mc: US$199m) +53%

• Adventure Gold (AGLD), (mc: US$90m) +43%

• UFO Gaming (UFO), (mc: US$308m) +33%

• Fancy Games (FNC), (mc: US$15m) +32%

DAILY SLUMPERS

• BNS Token (BNS), (market cap: US$35.5m) -34%

• ADAX (ADAX), (mc: US$22.5m) -24%

• Inverse Finance (INV), (mc: US$40m) -15.5%

• Wonderland (TIME), (mc: US$305m) -12%

• OpenDAO (SOS), (mc: US$155m) -11%

 

Final word

The investment-management giant Fidelity, which is one of the largest financial services institutions in the world, has released a paper titled Bitcoin First, in which it describes the OG crypto as “a superior form of money”.

Read MoreBitcoinCryptocurrency

You might be interested in