Celestial

Celestia

Bittensor

While most cryptocurrency prices are typically quoted in US dollars, it often makes more sense to compare them against Bitcoin.<img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Add-a-heading.png?fit&#61;900%2C300&amp;ssl&#61;1" />Cryptos Headlines Platform Has Launched Its Native Token, Early Public Sale Is Live On <a href="https://cryptosheadlinestoken.com/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a>While the overall cryptocurrency market has remained relatively stable since the beginning of the year, not every cryptocurrency has followed the same trend as Bitcoin and Ethereum.<h3 id="best-bitcoin-performers-ytd">Best Bitcoin Performers YTD</h3>Cryptocurrencies have exhibited notable gains against <a href="https://cryptosheadlines.com/crypto-market-thriving-since-bitcoins-69k-peak/" rel="noopener noreferrer nofollow">Bitcoin since</a> the beginning of the year, with SUI, the native token of the SUI layer-1 blockchain, nearly doubling its value. Led by former Meta employees with previous involvement in Diem, the <a href="https://cryptosheadlines.com/coinbase-adds-support-for-solana-network-airdrop/" rel="noopener noreferrer nofollow">network has emerged as a challenger to Solana</a>. Recently, it achieved a significant milestone by surpassing $500 million in <a href="https://cryptosheadlines.com/cardano-sets-sights-on-the-top-10-crypto-chains-by-total-locked-value/" rel="noopener noreferrer nofollow">total value locked</a> in its decentralized finance (DeFi) applications.SUI stands out among a limited selection of cryptocurrencies that have experienced an increase in <a href="https://cryptosheadlines.com/bhutan-has-been-mining-bitcoin-since-it-was-valued-at-5000/" rel="noopener noreferrer nofollow">value relative to Bitcoin since</a> the start of the year. Among approximately 60 cryptocurrencies valued at $1 billion or more (excluding stablecoins, wrapped assets, and liquid staking tokens), only 14 have managed to outperform Bitcoin.Notably, the bitcoin price ratio of the machine-learning marketplace token Bittensor (TAO) has surged by 60% since the beginning of the year. Similarly, Celestia’s TIA, a project focused on modular data layers, has witnessed a 46% increase in its bitcoin price ratio during the same period.Astr, the cryptocurrency at the core of the public Polkadot parachain Astar, has seen a significant increase in its bitcoin price ratio, adding nearly one-third to its value.<a href="https://cryptosheadlines.com/bonk-aims-for-1-billion-mark-can-it-surpass-doge-and-shib/" rel="noopener noreferrer nofollow">Also Read: BONK Aims for $1 Billion Mark: Can It Surpass DOGE and SHIB?</a>Astar positions itself as a “smart contract hub” facilitating asset transfers across various blockchains, including Ethereum and Cosmos. With a strong presence in Japan, the team is gearing up to <a href="https://cryptosheadlines.com/binances-bnb-chain-introduces-layer-2-testnet-powered-by-optimism/" rel="noopener noreferrer nofollow">introduce its own zkEVM based on Polygon’s chain</a> development kit.However, certain cryptocurrencies have not fared well against Bitcoin this year. Bitcoin-powered memecoin ORDI, layer-1 token Algorand (ALGO), and decentralized storage asset Filecoin (FIL) have experienced <a href="https://cryptosheadlines.com/bitcoin-and-toncoin-prices-decline-pepe-coin-surges-today/" rel="noopener noreferrer nofollow">declines of approximately 30% each in their bitcoin price</a> ratios.Despite this, ORDI, issued via Ordinals as the first-ever <a href="https://cryptosheadlines.com/coinbase-newsletter-sparks-controversy-with-mention-of-pepecoin-and-brc-20-tokens/" rel="noopener noreferrer nofollow">BRC-20 token</a>, has notably increased its bitcoin ratio over the past six months, surpassing TIA and TAO in terms of bitcoin-denominated returns.<h3 id="bitcoin-s-poor-performers-six-month-history">Bitcoin’s Poor Performers: Six-Month History</h3>Cryptocurrencies from legacy layer-1 networks, including Stellar (XLM), XRP, Litecoin (LTC), and Monero (XMR), have shown poor <a href="https://cryptosheadlines.com/shibs-past-performance-indicates-potential-double-digit-growth/" rel="noopener noreferrer nofollow">performance compared to Bitcoin over the past</a> six months. Each of these coins has experienced a <a href="https://cryptosheadlines.com/pepe-coin-surges-while-bitcoin-and-solana-decline/" rel="noopener noreferrer nofollow">decline</a> of approximately 40% in value relative to Bitcoin.Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.tia

Sui- Bittensor and Celestia Lead with Increasing Bitcoin Price Ratios

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