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Terra (LUNA) and Solana (SOL) Soar, Outperforming Bitcoin

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Mon, 02/28/2022 - 18:33
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Alex Dovbnya
These two “Ethereum killers” are currently leading the ongoing market rally, with Bitcoin surging above the $41,000 mark
Terra (LUNA) and Solana (SOL) Soar, Outperforming Bitcoin
Cover image via stock.adobe.com

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Solana (SOL) and Terra (LUNA) are leading the ongoing cryptocurrency market recovery, adding roughly 9% and 11%, respectively, over the past 24 hours, according to CoinMarketCap data.

Cardano (ADA), another prominent “Ethereum killer,” is up 5% over the same period of time.   

In the meantime, Bitcoin, the largest cryptocurrency by market cap, surpassed $41,000, pushing some of the top altcoins significantly higher. The flagship cryptocurrency has touched the highest level since Feb. 20 after spiking 6%.  

Related
Terra (LUNA) Surpasses Solana (SOL) by Market Cap Amid Price Recovery
Ethereum’s recovery has been somehow subdued: the top altcoin is only up a mere 2%.

The whole cryptocurrency market has added roughly $200 billion, peaking at $1.8 trillion.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.