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

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Mon, 02/28/2022 - 18:33
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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.