Solana soars 43% against Bitcoin so far in 2023

The L1 Native Token Returns vs. BTC highlights the relative price performance of large L1 native tokens versus bitcoin since Jan. 4.

Quick Take

• Solana: +42.4% against BTC
• BNB: -3.0% against BTC
• DOT: +4.8% against BTC
• ETH: +2.2% against BTC
• Matic: +2.8% against BTC

Definition: Market Capitalization Grouping vs. BTC

The Market Capitalization Grouping vs. BTC highlights the relative price performance of market capitalization size-based clusters versus bitcoin. Market capitalization groupings are defined as, Large Cap: >1B $, Mid Cap: 1B-100M $, Small Cap: 100M-50M $.

Quick Take

While in the last week since Jan. 10, large, mid, and small caps are all posting negative returns against Bitcoin.

• Large Caps: -5.5%
• Mid Cap: -0.27%
• Small Cap: -4.36%

The post Solana soars 43% against Bitcoin so far in 2023 appeared first on CryptoSlate.