Overtaking Solana and Cardano from Bitcoin
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Bitcoin; 25 percent
The price of Bitcoin reached 37 thousand 400 dollars this morning, Tuesday, November 30. Taking into account the Tether rate of 51 thousand tomans, Bitcoin is worth about 1 billion 905 million tomans, which means half a percent growth compared to yesterday morning, but compared to a month ago, we see a 25 percent yield of the market leader.
A month ago, Bitcoin was traded at 29,000 dollars in the channel, and within 30 days, about 8,000 dollars were added to the price of Bitcoin. The leader of the digital currency market is now standing on its annual peak and is in the best position since the middle of May last year.
Bitcoin currently dominates half of the digital currency market, and its total transaction volume has risen to $732 billion. However, the price of Bitcoin is still far from its historical peak, which is the range of $68,000.
Ethereum; 23 percent
The Ethereum chart shows a positive monthly return of 23%. The price of Ethereum this morning, Tuesday, November 30, reached 2,150 dollars, while a month ago this digital currency was being bought and sold in the range of 1,600 dollars.
In this way, the price of Ethereum has increased by about 400 dollars within a month and is now at the highest level since April this year. Since then, Ethereum has experienced a fall to the $1,500 mark, but thanks to the resurgence of Bitcoin, it has managed to reach the $2,000 mark.
Ethereum stands behind Bitcoin in terms of dominance in the digital currency market and has almost 17% of the digital currency market share. In the last 24 hours, the volume of Ethereum transactions reached 13 billion dollars, which is less than the daily transactions of Bitcoin and Tether.
Surprising Solana and Cardano
The price of Solana has grown by 87% in the past month, and Cardano holders have gained 47% during this period.
Solana with the symbol SOL, which has the seventh position in terms of dominance in the digital currency market, is now worth nearly 55 dollars, which is about two million and 850 thousand tomans. The same digital currency was bought and sold for 26 dollars a month ago. For this reason, its yield for those who had Solana in their wallet during this period is estimated to be approximately 3.5 times that of Bitcoin.
Cardano, or ADA, which is traded for less than one dollar, has had a better situation than Bitcoin in a period of one month. During this period, the price of Cardano reached from 0.25 dollars to 0.38 dollars, that is, almost 20 thousand tomans, so that we can see a growth of 47%.
Dogecoin, which is one of the most popular Iranian cryptocurrencies, has shown a similar behavior to Bitcoin in November this year, and its yield has been positive by 25%. Almost like Binancecoin. When we look at the performance of other digital currencies that are among the top 10 cryptocurrencies in the world, we see Ripple’s positive return of 18% and Tron’s positive return of 10%.
Monthly yield of famous digital currencies
Types of digital currency | Price | Monthly yield |
Bitcoin | 37 thousand 400 dollars | 25 percent |
Ethereum | One thousand and 15 dollars | 23 percent |
Binancecoin | $258 | 22 percent |
Ripple | $0.61 | 18 percent |
Solana | $55.9 | 87 percent |
Cardano | $0.38 | 47 percent |
Dogecoin | $0.076 | 25 percent |
Theron | $0.10 | 10 percent |