Solana Leads Altcoin Price Surge in 2023 Despite FTX Fallout
• Solana (SOL) led altcoins in price gains in 2023, up over 700% amid growing optimism and activity on the blockchain despite the FTX collapse.
• Helium's HNT gained 500% as the network expanded into the mobile sector, allowing users to earn tokens and pay phone bills.
• Avalanche (AVAX) gained 300% thanks to major institutional partnerships like JPMorgan and Apollo Global.
• Bitcoin rallied 164% on enthusiasm around a potential spot BTC ETF approval in 2023.
• Stacks (STX) gained over 600% as Bitcoin Ordinals and growing TVL on the network boosted hype.