Cryptos Solana and Cardano experience significant increases in value after entering 2023. While Solana started the new year with a 90% hike in 2022, the token rallied over 20% in just seven days, currently trading at $16. Meanwhile, Cardano plunged more than 25%, jumping it to $0.31.
Crypto investment platform Mudrex’s CEO and co-founder, Edul Patel shared that while Cardano and Solana reached lows in December 2022, the coins recovered strongly with a heavy increase in price in 2022. Patel added:
Patel further continued that ‘BONK’, Solana’s new meme coin, accelerated the rise in large transactions by investors and traders seeking to cap …
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Source: Cryptocurrency - investing.com
