Solana is one of the biggest gainers over the past year after losing over 90% during the cryptocurrency bear market.
The cryptocurrency market underwent a substantial recovery in 2023, with the top cryptocurrency, Bitcoin (BTC), leading the market with 160% year-to-date (YTD) gains.
This rising tide lifted many altcoins as the bull market took off, with several experiencing substantial gains. Let’s take a closer look at the biggest price rebounds of 2023.
Solana (SOL) made the biggest comeback of 2023, rising nearly 1,215% from its cycle low of $8.27 in December 2022. Additionally, it’s up 485% versus Bitcoin from its cycle low of 0.00004952 BTC on June 5.