Bitcoin and SOL break historical highs.
According to data from CoinMarketCap, after Bitcoin (BTC) set a historical high of 99,655 on 11/23, it has struggled to break 100K, starting to decline, touching 95K at one point, and returning to 97K before publication, with a 24-hour drop of 1%.
Solana (SOL) has performed strongly, setting a historical high of 263 on 11/23, rising 52% in the past 30 days; however, it quickly retraced by 3% to 250.
Most of the top ten cryptocurrencies have not broken their historical highs.
Ethereum (ETH) has risen 37% in the past 30 days, but has not surpassed the $4,891 high set three years ago (2021/11/16); many media outlets have started to mockingly say 'ETH has surged 0.xx%' to highlight its stagnation.
BNB has shown some growth, but is still a distance away from the historical high of 720 set six months ago.
Ripple (XRP) has seen substantial growth of 172% in the past 30 days, as the SEC chair is set to change, alleviating regulatory concerns. However, this aging cryptocurrency, due to a lack of widespread application ecosystem, has failed to attract a new generation of investors, with its historical high stagnating seven years ago.
The original meme coin and Elon Musk's favorite DOGE has risen 215% in the past 30 days due to the emergence of the efficiency organization D.O.G.E under Trump's policies. However, its glorious high point remains four years ago.
Cardano (ADA) has shown a prolonged state of development, but there has been significant price increase recently, leading to speculation that Cardano's founder might be assisting the Trump administration, bringing positive expectations. Its historical high also remains from three years ago.
TRON (TRX) relies on its dominance in the USDT transfer business, consistently remaining among the top ten cryptocurrencies, and similarly has not broken new highs, with its historical high also staying from three years ago.
Avalanche (AVAX) has risen 62% in the past 30 days, showing significant progress, maintaining its position as the eighth largest non-stablecoin cryptocurrency, with its historical high remaining from three years ago.
Toncoin (TON) has risen 25% in the past 30 days, fluctuating amidst the Bitcoin bull market, and at one point fell out of the top ten cryptocurrencies. After the Telegram founder was arrested and the Telegram mini-game strategy lost popularity, it did not show significant performance in this bull market, with its historical high being five months ago.
This article discusses Bitcoin's unsuccessful attempt to challenge 100K: BTC at 97K, SOL setting a new high, and ETH's high point still from three years ago. Originally appeared in Chain News ABMedia.
