SOL - Better Buy: XRP or Solana?
2023-11-30 07:27:00 ET
Bitcoin traditionally leads the way in any new bull market rally for the crypto market. And that's precisely what has happened this year. Bitcoin's massive triple-digit gains this year have lifted the entire market, encouraging investors to seek out new altcoins (i.e., any coin that's not Bitcoin) to add to their portfolios.
Two altcoins that particularly stand out right now are XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) . Both have turned in stellar performances this year, and both are showing up on the radar screens of investors looking for large-market-cap cryptos with long-term upside potential. So let's dig in to see which one is the better buy right now.
For the year, Solana has easily been the better performer, delivering 465% returns. Solana started the year trading for just $10, and is now trading around $55. Of all 25 cryptocurrencies with a greater than $3 billion market cap, Solana now ranks as the top performer of 2023, and it's not even close.
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Better Buy: XRP or Solana?