Solana Skyrockets Above $200 as Bitcoin Lags Behind (Market Watch)

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The cryptocurrency market is bouncing back from the slumps that it got itself into toward the end of last week, as the majority of it is now trading in the green.

Some altcoins are performing better than others, and there’s a clear shift in terms of ecosystem focus toward Solana compared to other layer-one networks right now.Bitcoin’s price is getting on the right foot once again after trending south toward the end of last week. It has remained down by some 4.4% during the past seven days, but over the last 24 hours, BTC has been doing well.That said, the market remains in a state of extreme greed, according to the fear and greed index.

SOL is the best performer among the top 10 cryptocurrencies, but Render increased the most from the top 100. It’s up about 15% in the past 24 hours. At the same time, Ribbon Finance failed to capitalize on this latest market resurgence and is down 6.4% during the same period—the worst among the top 100.Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments.

 

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