Why Solana, Cardano, and Avalanche Jumped Today
Cryptocurrency values came roaring back late on Thursday and into Friday after an absolutely brutal week. The jump in valuations was widespread across the industry and utility cryptocurrencies seemed to be bouncing back better than others.
As of 3 p.m. ET on Friday, Solana (CRYPTO: SOL) had jumped as much as 24.7%, Cardano (CRYPTO: ADA) was up 22.2%, and Avalanche (CRYPTO: AVAX) was up 24%. Keep in mind that for the week, valuations were down 37.2%, 29.8%, and 41.3% respectively.
Image source: Getty Images.
Source Fool.com
