Ethereum has seen slow growth amid the recent market crash, and partly fueled by the fading expectation of SEC approving Ethereum ETFs in may. ETH has experienced losses by 15% in the past week, facing resistance at $3,550, with Bitcoin also making a substantial pullback. Despite this downtrend, some Ethereum-based cryptocurrencies have shown significant growth in the past day, outshining Solana. SOL has also struggled in the past week, declining in value by 22%. Having recovered slightly by 0.96% over the past day, let’s delve into Ethereum aoutperforming Solana today.
Ethereum Altcoins Outperforming Solana
Immutable X (IMX), ApeCoin (APE), and Axelar (AXL) are Ethereum-based cryptocurrencies, outshining Solana (SOL) today.
1. Immutable X (IMX)
Founded in 2021, Immutable is the first layer-two scaling solution for NFTs on Ethereum, eliminating limitations like low scalability, poor user experience, illiquidity, and slow developer experience. Users can enjoy instant trading, massive
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