These 2 Ethereum Rivals Soar Today, Outperforming Bitcoin -…

These 2 Ethereum Rivals Soar Today, Outperforming Bitcoin -…

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ether ETH/USD rival Solana SOL/USD And avalanche AVAX/USD are up 3.8% and 6.7% respectively in the last 24 hours, even Apex Crypto Bitcoin BTC/USD and ETH weakened.

What happened: Solana is up 22.63% on the week and last traded at $25.22.

This price jump follows the recent launch of Saga, an Android smartphone integrated on the Solana blockchain from Solana Mobile – a subsidiary of Solana Labs. Additionally, Solana Labs has partnered with Boba Guys, a US-based beverage retailer, to offer an on-chain loyalty rewards program.

See more: Top Indian Apps Giving Bitcoin, NFT Rewards

Last week, Layer 1 blockchain protocol Avalanche gained momentum, hitting a six-month high in daily active addresses.

Accordingly Artemis.xyz, a blockchain data analytics company, as of April 12, Avalanche reported nearly 80,000 daily active addresses and its daily active user base has grown by 85% over the past 90 days. Interestingly, this growth rate places Avalanche ahead of popular protocols like BNB Chain, Tron, Ethereum, Aptos, and even Bitcoin.

At the time of writing, AVAX was trading at $20.67.

price action At the time of writing, BTC is down 1.52% ETH fell 0.32% in the last 24 hours, according to Benzinga Pro.

Continue reading: Ethereum, Dogecoin soar even as Bitcoin falls below $30,000: Why this analyst thinks Apex Crypto can hit an all-time high this year

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