Ether Outperforms Bitcoin and Altcoins Gain

Ethereum is charting record performance against Bitcoin, making the market ripe for altcoins to gain quickly. MATIC is trading 9.3% higher over the past 24 hours, reaching $2.08. Over the past week, MATIC has gained 15.8%, and it’s gained 11,553.13% this year. In the meantime, Solana rose 2.24% over the last 24 hours, reaching $225.26. This past week, it’s gained 7.58%, picked up 6.25% against Bitcoin, and 10.27% on Ethereum. Year-to-date, Solana is seeing similarly significant gains, rising 12,115.69%. Both currencies are gaining in 2021 due to the rise of NFTs, massive popularity in the DeFi sector, and a rise in Ethereum transaction fees. Additionally, Grayscale Bitcoin Trust just opened a Solana fund valued at $9.5 million.