Messari: Solana price outperforming Ethereum by nearly 300% YTD
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.
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.
You may also like
Sharps Technology increases fundraising to 1 billion USD and launches digital asset treasury strategy
Bloomberg Analyst: Number of US Cryptocurrency ETF Filings Reaches 92
Trending news
MoreCrypto prices
More
