Curve DAO Token

Cardano

Solana

BEAT

Polygon

<p>In Grayscale’s Q3 updates, a notable change is evident in the blockchain arena. Solana (SOL) has managed to overtake Cardano (ADA) to emerge as the premier asset in Grayscale’s Smart Contract Platform Ex-Ethereum Fund. <strong>Which one is better: <a href="https://cryptoticker.io/en/solana-price-prediction-as-sol-price-up-buy-solana-today/" target="_blank" rel="noopener noreferrer nofollow">Solana</a> or <a href="https://cryptoticker.io/en/cardano-news-ticker-cryptoticker/" target="_blank" rel="noopener noreferrer nofollow">Cardano</a>?</strong></p>
<h2 id="h-solana-price-up-and-a-good-momentum"><strong>Solana Price: UP and a Good Momentum</strong></h2>
<p>Currently trading at an impressive $23, Solana’s market dynamics are worth noting. With a 7-day performance showcasing a substantial +15% increase, SOL is exhibiting significant market strength and investor confidence. This meteoric rise and strong performance might be attributing to its newfound dominance in Grayscale’s portfolio.</p>
<figure class="wp-block-image size-large"><a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" width="975" height="396" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/SOL_7D_graph_coinmarketcap.png" alt="" class="wp-image-120135"></a>
</figure>
<h2 id="h-ada-price-trying-to-hold"><strong>ADA Price trying to HOLD</strong></h2>
<p>Cardano, priced at $0.26, remains a force to reckon with in the crypto realm. Its 7-day performance has registered a respectable +4% growth. Historically, ADA’s strategic positioning and innovative solutions have always garnered attention. Its consistent performance and adaptability in the ever-evolving crypto landscape further accentuate its significance.</p>
<figure class="wp-block-image size-large"><a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" width="975" height="396" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/ADA_7D_graph_coinmarketcap-2.png" alt="" class="wp-image-120136"></a>
</figure>
<h2 id="h-what-is-gscpxe-fund-composition"><strong>What is GSCPxE Fund Composition?</strong></h2>
<p>Historically, until Q2 2023, Cardano was the undisputed leader in <a href="https://cryptoticker.io/en/how-will-the-grayscale-sec-lawsuit-affect-bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Grayscale’s</a> Smart Contract Platform Ex-Ethereum Fund (GSCPxE) with a 25.89% weighting. However, as Q3 2023 concluded, Solana’s stellar ascent saw it clinching the top spot with a 27.28% weighting. This advancement positioned Solana marginally ahead of Cardano, which sustained its previous quarter’s 25.89% share.</p>
<p>The fund’s overall constitution remained stable, devoid of any token additions or omissions. Other assets in the fund include Polygon (MATIC) with 15.01%, Polkadot (DOT) with 14.25%, Avalanche (AVAX) at 10.24%, and Cosmos (ATOM) holding 7.33%.</p>
<h2 id="h-a-comprehensive-look-into-grayscale-s-diverse-allocations"><strong>A Comprehensive Look into Grayscale’s Diverse Allocations</strong></h2>
<p>For those following Grayscale’s varied portfolios:</p>
<ul>
 <li>The Q3 2023 Grayscale DeFi Fund predominantly features Uniswap (UNI) with a hefty 45% weighting. This is trailed by Lido (LDO) at 19%, Aave (AAVE) accounting for 11%, MakerDAO (MKR) with 10%, Curve DAO Token (CRV) at 7%, and Synthetix (SNX) completing the list with 6%.</li>
 <li>The Grayscale Digital Large Cap Fund continues to be heavily influenced by Bitcoin (BTC) commanding a 70% share. Ethereum (ETH) follows with 27%, while Cardano (ADA), Solana (SOL), and Polygon (MATIC) hold 1%, 1%, and 0.75% respectively.</li>
</ul>

Which is Better: Solana or Cardano? One just BEAT the Other…

Table of Contents

CryptoTicker ENG

Other articles published on Oct 6, 2023

Bitdeer grows Bitcoin production by 195% YoY with a 35% September increase in BTC mined

Stars Arena denies coordinated FUD rumors as it fixes vulnerabilities

Ripple CTO Sparks Backlash After Defending XRPL Clawback

Altcoins Primed for ‘Extremely Explosive’ Gains, Says Crypto Trader – Here’s the Timeline

Crypto: When is the 'Perfect' Buying Opportunity?

Avalanche Price Prediction as AVAX Pumps Another 5.5% on SocialFi Hype and Rising On-Chain Activity

Join our free newsletter for daily crypto updates!