Solana and Cardano Set New Monthly Highs After Scoring Double-Digit Gains.
17 Jan 2023, 08:00
Solana and Cardano Set New Monthly Highs After Scoring Double-Digit Gains
The price of Solana has jumped by 60% over the past seven days, setting a new record as the highest gainer in the top 20 assets. Cardano was also up over 21% on Sunday, trading at $0.34, a price it last hit in November 2022.The newly released BONK coin and Cardano’s increased DeFi activities are reasons behind the surge of both assets. Community dubbed “Eth killers”, Solana (SOL) and Cardano (ADA) have kicked off 2023 with uphill movements showing signs of great months ahead.
Solana opened the year with an 11% increase and has gone uphill since then surging over 60% in 7 days. SOL now trades at $23.71 and is up over 22% in the last 24 hours. The growth of SOL this week means that it is the biggest gainer among the top 20 coins this year.