Updated October 17th, 2023 at 12:22 IST

7 top performing cryptocurrencies of 2023 | PHOTOS

Crypto assets are generally equated with risk and high market volatility but long-term investments in crypto can lead to substantial returns.

Reported by: Anirudh Trivedi

1/7: Developed to solve the scalability trilemma, Solana brings in the efficiency to create scalable DApps. Solana has surged by over 139 per cent year-to-date, leading the list of most profitable cryptos./ Image: Republic

2/7: BitcoinCash is another top performer with another 134 per cent returns YTD in 2023. BitcoinCash is a fork of the Bitcoin blockchain and offers cheaper transaction costs and higher transaction speed./ Image: Republic

3/7: Ranking 3rd on the list, WrappedBitcoin is another top performer of this list with around 70 per cent returns YTD. Wrapped Bitcoin is an ERC-20 token, pegged 1:1 with Bitcoin. / Image: Republic

4/7: Bitcoin, the biggest name in the world of cryptocurrency is the fourth best performer in this list with around 70 per cent returns YTD. Bitcoin is the first and the most popular cryptocurrency./ Image: Republic

5/7: Tron has also surged by over 62 per cent YTD becoming the 5th best performer in the world of cryptocurrency. Tron is a decentralised platform dedicated to hosting entertainment applications./ Image: Republic

6/7: After winning its most awaited lawsuit against the US SEC to not be labelled as an investment security, XRP gained substantially. XRP has given 45 per cent returns YTD to its investors./ Image: Republic

7/7: Developed to connect external data with blockchain-based smart contracts, Chainlink is the 7th best-performing crypto asset YTD with around 32.74 per cent returns. / Image: Republic

Published October 17th, 2023 at 12:01 IST