BNB Was the Top Ten’s Best Market Performer in Q2, Bitcoin Takes Second Place — Solana Performed the Worst

With the archetypal fractional of the twelvemonth gone, statistic from the 2nd 4th of 2022 bespeak that the crypto system has tumbled importantly successful value, and crypto tokens successful the apical 10 marketplace positions person mislaid 30% to 60% successful USD worth during the past 3 months. Q2 information further shows that binance coin managed to debar the losses its competitors person taken, and solana was the worst marketplace performer retired of the apical 10 crypto assets by marketplace capitalization.

Top Ten Crypto Assets Suffered Significant Losses During the Last Quarter

It’s been a brainsick Q2, to accidental the least, arsenic galore crypto assets wrong the digital currency economy are astatine overmuch little values than they were 3 months ago. During the 2nd 4th of 2022, bitcoin (BTC) for instance, shed 42.92% of its worth against the U.S. dollar.

Statistics besides amusement that ethereum (ETH), the second-largest crypto plus by marketplace cap, mislaid 47.24% implicit the past 3 months. While overmuch of the crypto economy’s losses stemmed from the aforementioned 2 crypto assets, a wide assortment of top-positioned integer currencies person shed monolithic value.

The Binance Smart Chain network’s BNB, however, is lone down 33.67% successful Q2, which makes BNB the champion performer during the 2nd 4th among the apical 10 crypto assets. BTC’s 42% plunge was the 2nd champion marketplace show retired of the apical ten, portion cardano (ADA) managed to seizure the apical ten’s 3rd champion marketplace show successful Q2.

ADA mislaid 45.49% successful worth against the U.S. dollar successful 3 months. XRP mislaid 48.99% successful Q2, portion dogecoin (DOGE) mislaid 48.51%. Solana (SOL) was the apical ten’s worst marketplace performer arsenic it mislaid 59.19% during 2022’s 2nd quarter.

Dozens of Relatively Unknown Tokens Rise, $930 Billion Erased from the Crypto Economy successful Q2

Most of Q2’s top-performing crypto assets that are not successful the apical 10 positions were comparatively chartless integer currencies. The largest gains recorded successful Q2 were captured by the tokens similar smartofgiving (AOG), followed by pitbull (PIT), and bosagora (BOA). The worst performers successful Q2 see bluesparrow, piedao, terra luna classic, and wrapped terra luna classic.

Hundreds of coins retired of the 13,414 crypto assets traded connected 514 exchanges worldwide person mislaid much than 90% successful worth successful Q2. In contrast, determination are lone a fewer twelve crypto assets that did execute good compared to the hundreds of coins that mislaid worth during the 2nd quarter. During the past 3 months alone, $930 cardinal successful USD value has near the crypto economy.

What bash you deliberation astir the 2nd quarter’s crypto marketplace performances? Let america cognize what you deliberation astir this taxable successful the comments conception below.