#Solana📈🚀🌐 #avalanche #rendimientos SOLANA and AVANCHE, the 'crypto' with the best performance in 2023: Up 620% and 290%.
With price growth of 620% and 290%, respectively, Solana and Avalanche are the best-performing cryptocurrencies in 2023, with just a few days left until the end of the year. In fact, Solana has experienced price growth four times that of bitcoin, the cryptocurrency par excellence.
It is data presented by AltIndex.com, which shows that, despite challenging economic and regulatory conditions, cryptocurrencies made a serious comeback this year, surprising many investors who claimed that the cryptocurrency market was dead.
In the case of Solana, it has undoubtedly been the best performer among the ten largest cryptocurrencies this year. In January, the price of a single token stood at $12.12, while it is now around $87.3, showing a whopping 620% year-to-date increase, according to data from CoinMarketCap.
In this way, the fifth largest cryptocurrency in the world has added more than $32 billion to its market capitalization, going from $4.3 billion in January to almost $37 billion.
However, Solana's price is still almost three times below its all-time high of $259.96, seen in late 2021, despite hitting a 2023 high.
For Avalanche, in the last twelve months, the price of a single token has skyrocketed by 290%, going from $11.7 to $45.7. The market capitalization of the world's ninth largest cryptocurrency has increased by almost $13 billion since the beginning of the year and now stands at $16.5 billion.
For their part, the world's largest and most expensive digital currencies, Bitcoin and Ethereum, saw their prices rise well above last year's level, growing by 152% and 85%, respectively.