Ethereum continues to underperform whereas majority of L1s outperform BTC

Definition

The L1 Native Token Returns vs. BTC spotlight the relative value efficiency of enormous L1 native tokens versus bitcoin.

Fast Take

• CryptoSlate analyzed that ETH/BTC broke right down to its lowest value stage previously three months and continues to underperform in opposition to BTC.
• During the last fourteen days, layer-one tokens have outperformed BTC as a cohort, however Ethereum stays the worst performer.
• Atom has outperformed BTC by 9.7%
• Matic has outperformed BTC by 14.98%
• SOL has outperformed BTC by 3.3%
• DOT has outperformed BTC by 0.9%
• BNB has underperformed in opposition to BTC by -0.9%.
• ETH has underperformed in opposition to BTC by -4.45%.

The publish Ethereum continues to underperform whereas majority of L1s outperform BTC appeared first on CryptoSlate.

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