2024 has been quite a long year for crypto. From countless hacks, ETF applications, lawsuits striking Binance and other renowned exchanges, CZ’s legal woes, and the emergence of world coins, one can’t pretty sum up 2023. All these events have seen quite a big impact on market prices with some coins thriving over the 365 days while others tumbled.
Bitcoin Price Analysis
Bitcoin (BTC) has seen quite a good year as the crypto king’s current price of $42.4K represented a 156% increase in the last 365 days. Bitcoin’s market cap now stood at $831 billion, and the trading volume stood at $17 billion.
Ethereum Price Analysis
Ethereum (ETH) also almost doubled over the year as the Ethereum price stood at $2302 as of press time, representing a 92% increase in the last 365 days. Ethereum’s market cap now stood at $276 billion, and the trading volume stood at $6.9 billion.
Solana Price Analysis
Solana (SOL) has been the top gainer of the year after recording a nine-fold surge this year as the Solana price stood at $103 as of press time, representing a 938% increase in the last 365 days. Solana’s market cap now stood at $44.3 billion, and the trading volume stood at $1.7 billion.
Avalanche Price Analysis
Avalanche (AVAX) is also a top gainer this year after recording a massive surge this year as the Avalanche price stood at $39.7 as of press time, representing a 264% increase in the last 365 days. Avalanche’s market cap now stood at $14.5 billion, and the trading volume stood at $566 million.
Tron Price Analysis
Tron (TRX) also almost doubled this year to trade at $0.106, representing a 95% increase in the last 365 days. Tron’s market cap now stood at $9.4 billion, and the trading volume stood at $160 million.
Chainlink Price Analysis
Chainlink (LINK) is also a top gainer this year after recording a massive surge as the Chainlink price stood at $15.3 as of press time, representing a 173% increase in the last 365 days. Chainlink’s market cap now stood at $8.7 billion, and the trading volume stood at $325 million.
Source: https://blockchainreporter.net/2023-market-recap-btc-eth-sol-avax-trx-link/