Why Solana, Fantom, and Lido Surged Higher Today

It's another nice day in the green for most cryptocurrencies, with the overall market appreciating 2.8% over the past 24 hours, as of 2:30 p.m. ET on Tuesday. That said, a number of top tokens are seeing significant outperformance today.

Among the cryptos topping the leaderboard today are Solana (CRYPTO: SOL), Fantom (CRYPTO: FTM), and Lido DAO (CRYPTO: LDO), which have surged 7.1%, 14%, and 11.2%, respectively, over the same time frame. 

These three tokens appear to be moving higher on their own set of unique catalysts today. Increasing interest around Solana as a potential rebound candidate -- despite layoffs at Magic Eden, a key Solana marketplace for non-fungible tokens (NFTs) -- has brought this token higher once again today.

Continue reading


Source Fool.com