Ethereum’s native cryptocurrency, Ether (CRYPTO: ETH), has made a promising leap in the past 24 hours. 

What Happened: After a stumble that nearly brought the world's largest crypto down to $1,900, Ether has surged by more than 3% in the last 24 hours, reclaiming its stance above the $2,000 threshold and hovering close to $2,060. 

The Altcoin Leaders: SOL, in particular, has attracted attention, nearly tripling in worth over the past month, and registering a striking 566% increase since the year’s start. Its resurgence comes as FTX-related fears dissipate and institutional investors show augmented interest. At the time of writing, SOL was trading at $66.

AVAX, with an 87% year-to-date uptake, rode the wave of enthusiasm following JPMorgan and Apollo’s demonstration of how asset managers could leverage blockchain to tokenize funds. AVAX was up 23% trading at $21.92.

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

But the narrative has taken a turn for the better. SOL has escalated by 165% in the past 30 days, crowning it as the top-performing major cryptocurrency. The asset accrued a market cap of $26.3 billion, reflecting a revitalized hype around it.

Photo by CMP_NZ on Shutterstock