- SOL’s active addresses and transactions have dropped compared to the beginning of 2023.
- SOL was up by over 30% in the last seven days, and indicators were mostly bullish.
The year 2023 has been flourishing for Solana [SOL] as it managed to increase its value by a huge margin. To put it into context, it has outperformed top cryptos like Bitcoin [BTC] and Ethereum [ETH] in terms of price gains over the last few months.
Solana has even outshined Bitcoin
Solana Daily, a popular X (formerly known as Twitter) handle that posts updates related to the Solana ecosystem, recently posted a tweet highlighting how SOL has performed since the beginning of 2023.
As per the data, SOL’s price growth looked laudable, as its price was up by over 366% over 2023. While the number already looked astonishing, things got even better upon a look at top cryptos like BTC and ETH’s states.
While SOL’s price shot up by triple digits, ETH’s price only managed to go up by 70%, while BTC’s value shot up by more than 100%.
$BTC, $ETH, $SOL YTD PERFORMANCE
The performance speaks for itself. 336% YTD growth!
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Author: Dipayan Mitra