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Messari: Solana price outperforming Ethereum by nearly 300% YTD
Bitget2023/12/19 04:48
Messari on X: Solana has been rising from the ashes with an increasingly active ecosystem, with SOL outperforming ETH by nearly 300% YTD. However, SOL's valuation trades nearly 9x lower than ETH with a $31 billion circulating market cap versus ETH’s $267 billion.
In Q4 alone, active addresses on Solana have increased by nearly 400% compared to a mere 3% increase on Ethereum.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Bitcoin
BTC
$108,176.42
-2.99%
Ethereum
ETH
$4,336.15
-2.29%
Tether USDt
USDT
$1
+0.02%
XRP
XRP
$2.81
-4.63%
BNB
BNB
$859.57
-1.53%
Solana
SOL
$204.87
-3.61%
USDC
USDC
$0.9999
+0.01%
Dogecoin
DOGE
$0.2145
-2.53%
TRON
TRX
$0.3384
-1.56%
Cardano
ADA
$0.8276
-1.93%
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