Altcoin market updates: Solana, Cardano, Ethereum dominate as investors lean towards L1 tokens
The recent crypto market movements highlight growing investor interest in Layer 1 tokens amid the positive start to 2025.
Solana (SOL): After a brief dip to $175 in late December 2024, Solana rebounded above $200 on Friday, currently trading around $216.
Cardano (ADA): Cardano's price surged over 30% in early January 2025, crossing the $1 mark and reaching approximately $1.11
Ethereum (ETH): Ethereum's price rally has been relatively subdued, currently trading around $3,604 at a 4.7% increase from the previous close.
