Why Solana, Cosmos, and Algorand Are Seeing Wild Trading Action Today

AltcoinsSolana(CRYPTO:SOL),Cosmos(CRYPTO:ATOM), and Algorand(CRYPTO:ALGO) are up a respective 3.9%, 24.75%, and 46.77% in the past 24 hours, as of 2:30 p.m. EDT. They are now trading at $186.17, $26.61, and $2.44 apiece, respectively. Yesterday, regulatory scrutiny surrounding influencers promoting risky altcoins had led to a broad sell-off in the cryptocurrency market, causing significant levels of market volatility when mixed in with new project developments.

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