Messari Report: OP, SOL, and HBAR Outshine ETH in Smart Contract Performance
The latest report from Messari has shed light on the exceptional performance of Optimism (OP), Hedera (HBAR), and Solana (SOL) in the realm of smart contracts. These three cryptocurrencies have emerged as the top gainers in comparison to Ethereum (ETH) over the last month.
Among these, OP stands out as the leader, boasting an impressive 42% monthly gain against the leading altcoin, ETH.
Strong Performance by Optimism (OP)
Optimism (OP) has taken the spotlight with its remarkable performance over the past month. According to the data shared by Messari, OP has achieved a substantial 42% gain against Ethereum, positioning itself as the top performer in the smart contract arena.
Hedera (HBAR) Emerges as a Strong Contender
Hedera (HBAR) has not lagged behind either, proving itself as a formidable smart contract performer against ETH. During the same period, HBAR managed to outshine ETH by an impressive 28%.
Solana (SOL) Shows Steady Growth
Solana (SOL) has demonstrated consistent growth in the smart contract sector, securing a 9% gain against ETH, the largest altcoin by market capitalization.
ETH’s Current Standing
As of the latest update, Ethereum (ETH) is trading at $1,828.02, reflecting a minor 0.16% loss over the past 24 hours.
In terms of price, OP is currently valued at $1.72, as reported by CoinMarketCap. Despite experiencing a slight 0.28% drop in price during the last day of trading, its impressive monthly gain against ETH underscores its strong performance.