These altcoins have performed best

While Binance has to face ever-increasing regulatory pressure, which recently even resulted in a lawsuit against the crypto exchange and its CEO Changpeng “CZ” Zhao, the prices of most cryptocurrencies were able to hold their own against the negative headlines. Bitcoin slipped southwards by over 1,000 US dollars for a short time, but then recovered within a day and is currently trading 0.5 percent above its level of the previous week. With Ethereum it is even 1.86 percent. But the real winners of the past week on the crypto market are other coins. Below are the top 3.

Ripple (XRP) course: Legal optimism is driving the course

An end to the legal dispute between Ripple and the Securities and Exchange Commission (SEC) is in sight. And while the outcome is far from certain at this point, XRP investors agree: Ripple will win. An optimism that also inspires the course of the altcoin.

Even a march through to the psychologically important limit of 1 US dollar seems within reach, as BTC-ECHO market expert Stefan Lübeck argues in his current Ripple (XRP) price analysis. The price is currently at 0.53 US dollars, has gained 23.81 percent in a weekly comparison and is within reach of the top 5 largest cryptocurrencies in the space.

Stellar (XLM) price: New yearly high for the altcoin

The price of Stellar (XLM) is also benefiting from the upswing that XRP is experiencing these days, as Stellar has always had a high correlation with XRP. That is also enough in the current market phase for the silver medal for the Altcoin. XLM was able to gain 21.77 percent within the past week, the price is currently at 0.11 US dollars and thus as high as it was last in October 2022.

Stellar (XLM) set its all-time high in January 2018 at $0.93.

Conflux (CFX) Price: Altcoin Secures Bronze Medal

Gradually, Conflux (CFX) establishes itself in the top 50 largest cryptocurrencies. In the past seven days, the altcoin has grown by 21.6 percent, and the CFX rate is currently at $0.4124. Conflux aims to create a blockchain without borders and wants to connect creators, communities and markets “across borders and protocols”.

The relatively young crypto project set its all-time high at $1.7 almost exactly two years ago, on March 27, 2021.