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<ul><li>After five days of red, crypto market rebounded. Bitcoin jumped past $23,000 on Saturday, tearing MA21.</li><li>Solana network infrastructure operators sprang into action to stabilize the faltering blockchain after a technical issue</li></ul><h2 id="header-0">Crypto Market Rise</h2><p>Crypto Market bounced after long 5 days of red streaks. After Bitcoin managed to closed above $23,000 on Saturday, it took a bounce that even tore MA21.</p><p>Early on Saturday, <a href="https://www.coingabbar.com/en/crypto-currency/solana-sol-prices-usd" rel="noopener noreferrer nofollow">Solana </a>network infrastructure operators sprang into action to stabilize the faltering blockchain after a technical issue restricted users&#39; ability to transact in cryptocurrencies, transfer assets, and perform any other on-chain actions.</p><p>The global cryptocurrency market cap rise by 0.87% to $1.13 trillion in the last 24 hours, according to CoinGabbar data at the time of writing. The total crypto market volume over the last 24 hours was $48.75 billion.</p><p>Cryptoquants Derivates shows negative funding rates which means crypto will turn red in the coming hours.</p><p><a href="https://www.coingabbar.com/en/crypto-currency/bitcoin-btc-prices-usd" rel="noopener noreferrer nofollow">BTC </a>price has rise by 1.69% in the last 24 hours. At the time, BTC was trading at $23,554, and bounce from the $23,059 mark. In the last 7 days, BTC price has fall by 4.39%. Bitcoin (BTC) dominance fall from 40.21% to 40.15% while ETH dominated 21.9% of the total crypto markets.</p><h3 id="top-crypto-prices">Top Crypto Prices</h3><p>Ethereum (ETH): Ethereum price rise by around 2.86% to $1,587 in the last 24 hours. In the last 7 days, ETH price has fall by over 3.08%. It is currently ranked as the 2nd largest crypto asset on CoinGabbar.</p><p>Solana (SOL): Solana price rise 3.86% to $23.25 in the last 24 hours. In the last 7 days, SOL price has fall by nearly 0.9%. It is currently ranked as the 12th biggest crypto asset on CoinGabbar.</p><p>Dogecoin’s (DOGE) price rise by 1.68% in the last 24 hours. DOGE is currently ranked 11th. The price of DOGE at the time of this report was $0.08216.</p><p>Polygon (MATIC) price rise by around 2.73% to $1.2817 in the last 24 hours. In the last 7 days, MATIC price has fall by around 13.88%. It is currently ranked 9th on CoinGabbar.</p><p>Shiba Inu (SHIB) rise by 3.45% in the last 24 hours to $0.00001284. It is currently ranked 15th on CoinGabbar.</p><h4>Major Events</h4><p>Justin Sun staked 150,100 ETH prior to the Ethereum Shanghai update, exceeding the staking threshold for the Lido DAO protocol.</p><p>As a result of the Terra Luna Classic community approving Core Developer Edward Kim&#39;s &#34;Upgrade v1.1.0&#34; proposal, the Binance LUNC burn protocol has been resumed.</p><p>Network validators are finishing up the Solana restart, which caused a delay in block production, while users wait.</p><p>The investigation of the allegations made against Sequoia&#39;s Chinese principle in the capital markets was handled by Gary Gensler of the US SEC, who was not held accountable by the authorities.</p>

24 Hrs Crypto Update, Feb 26: Bitcoin Above $23,000, Solana Network Stumbles

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