Pump.Fun Surpasses Ethereum in Daily DeFi Revenue Amid Memecoin Surge

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Jul 31, 2024

3 min read

Daily Top Performer — Ripple (XRP)

The SPX index was down by 0.5% as investors moved away from large tech stocks towards more traditional economic sectors. Market focus remains on upcoming earnings reports, economic data, and the Federal Reserve's announcement. The broader cryptocurrency market was down, with Bitcoin and Ether dropping by 2.09% and 1.38%, respectively in the past 24 hours.

Today's top performer is XRP, which surged 8.3% following Ripple's partnership with Fenasbac to boost blockchain innovation in Brazilian finance.

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