Despite the relative lukewarm movement in the cryptocurrency market since Bitcoin hit modern all-time record (ATH) in March, Bitcoin, Ethereum and Solana continued to occupy the top positions among time-honored assets, including Gold. This was highlighted in a recent report that showed how crypto assets have been delivering the best returns in some time.

Bitcoin, Ethereum and Solana are outperforming time-honored assets

Raul Palco-founder of Exponential Age Asset Management (EXPAAM), shared the investment firm’s latest monthly update, showing annual returns across all major assets.

BitcoinEthereum i Solana outperformed time-honored assets with annual returns of 141%, 152% and 224%, respectively. For context, NDX, the best direction time-honored assetboasts an annual rate of return of 17%.

This has made these crypto assets become best performing assets in 11 of the last 14 years. These digital assets look set to outperform time-honored assets again this year as well, as they boast higher year-to-date (YTD) returns. Data from CoinMarketCap shows that Bitcoin, Ethereum, and Solana are currently seeing year-to-date gains of over 67%, 66%, and 70%, respectively.

On the other hand, gold, the best-performing non-cryptocurrency asset this year, is up 13% year-to-date. NDX boasts a year-to-date gain of 10%, while SPY has seen a year-to-date gain of 11%. Interestingly, during variability Crypto assets have been criticized at times, which has largely contributed to them continuing to outperform time-honored assets.

Director of Global Macroeconomics at Fidelity Investments, Jurrien Timmer, previously underlined how Bitcoin continues to record the best risk-reward ratio since 2020. He also alluded to Bitcoin’s high volatility, stating that Bitcoin’s huge declines were also associated with huge gains. The same can be said for crypto tokens, especially considering that a token like Solana, which dropped to just $10 in slow 2022, is now trading above $170.

Further gains for BTC, ETH, SOL

Bitcoin, Ethereum and Solana they are expected to post more year-to-date gains as the year progresses, given that the cryptocurrency market is currently in a tough situation running of the bull. Recent developments in the cryptocurrency market also paint a bullish outlook for these crypto tokens. One of them is the increased demand for Spot Bitcoin ETF. Data from Farside Investors showed that these funds recorded net inflows of $886.6 million on June 4, which was the best day since March.

Meanwhile, Spot Ethereum ETFs They are scheduled to start trading in July. Cryptocurrency analysts like Michael van de Poppe we anticipate that these funds can trigger a significant boost in the prices of Ethereum and other altcoins. “Solana Summer” also appears to be on the horizon, with the cryptocurrency token showing signs of an upcoming parabolic uptrend.

At the time of writing, Bitcoin has broken through the $70,000 resistance level and is trading around $71,000, up almost 3% in the last 24 hours, according to data from CoinMarketCap.

Featured image created with Dall.E, chart from Tradingview.com