Dogecoin Surpasses Ethereum and Solana in Price Growth Metric

Dogecoin has surpassed Ethereum and Solana in price growth over the past year, recording a 26.62% increase while ETH and SOL have seen declines. Currently, Dogecoin is trading at $0.1589, while Ethereum is at $2,422.68 and Solana at $141.89. A recent recovery from a technical drop has boosted investor confidence, pushing up commitments to Dogecoin in the market.

Dogecoin has surprised many in the cryptocurrency world, overtaking Ethereum and Solana in a crucial growth metric. The well-known meme coin seems to be putting up a strong fight against notable altcoins, with significant performance noticed over the past year.

According to data from CoinMarketCap, in the last 12 months, Dogecoin (DOGE) has seen a remarkable price increase of 26.62%. This indicates that the dog-themed currency hasn’t just been sitting idle; it’s currently trading at about $0.1589. Notably, Ethereum (ETH) has struggled to maintain that kind of growth.

Ethereum, which is the only altcoin with an exchange-traded fund, has faced substantial setbacks recently, with a loss of nearly 30% over the past year. At the moment, it’s valued at around $2,422.68, significantly below the often-psychological mark of $3,000. Ethereum had touched this level within the last year, specifically between November 2024 and January 2025, but hasn’t managed to hold onto its momentum since then, creating an opening for Dogecoin to leapfrog it in terms of price growth.

On another note, Solana (SOL) hasn’t fared much better, experiencing a modest decline of approximately 3.9%. It’s currently trading at $141.89 after a notable slump from the $200 price range due to volatility in the market and investor pullback.

Turning to Dogecoin’s ecosystem, it recently rebounded from what many termed a major ‘death cross’, where it dropped to test the support level around $0.1350. The impressive recovery came as a bit of a shock to investors who were expecting the trend to follow previous patterns typical in the crypto landscape.

This unexpected reversal seems to have buoyed investor confidence, as evidenced by a notable uptick in open interest in recent days. Around $1.80 billion in fiat currency has flowed into the Dogecoin market, a show of confidence that has likely propelled its bullish performance against Ethereum and Solana over the past year.