SOL - These 2 Cryptos Are Soaring in 2023: Which Is the Better Buy?
Crypto's unexpected market recovery this year has led to some formerly underperforming cryptos suddenly propelling the market forward. Solana (CRYPTO: SOL) , for example, is up a head-spinning 125% this year. But that's nothing compared to what rival Aptos (CRYPTO: APT) is doing: It's up 250% for the year, and was up an extraordinary 387% in January.
Aptos might have short-term market momentum behind it, but I still think Solana is a better long-term buy. Here's why.
While the market meltdown last year may have considerably leveled the playing field for up-and-coming Aptos, it's clear that Solana has a huge first-mover advantage. Aptos, which only launched in October 2022, is still looking for users, developers, and a "killer app" that will help it establish some sort of competitive advantage in the Layer 1 blockchain space.
For further details see:
These 2 Cryptos Are Soaring in 2023: Which Is the Better Buy?