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Investors Now Moving To Solana and Cardano As Ethereum Loses Steam By CoinQuora

by Mike Robinson

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© Reuters. As Ethereum loses steam, investors are now moving to Solana or Cardano.
  • It is now losing momentum as the market’s second-largest cryptocurrency, “,” is in decline.
  • Solana and the. are attracting many investors.

Cardano is showing signs of weakness as investors are shifting to Solana. Investors who had placed their trust in Ether experienced a difficult September.

Cardano platform, used to build DApps, is a popular choice for investors due to its Ethereum-like nature. Solana is another platform that has attracted the attention of crypto enthusiasts. It saw a nearly 4,800% increase in its value within a single year.

According to data from CoinMarketCap, Ether’s 16% drop in last month is its second-largest drop since June. However, in the past year, Ethereum’s value has grown by about 830%.

Investors and developers remain concerned about the…

Continue reading on CoinQuora

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