Top crypto winners and losers of 2021

Starting position by market capitalization on Dec. 15: 26 — Final position: 11

Solana (SOL)

The native token for the enterprise blockchain Solana has also had a bumper year in terms of gains. At the beginning of 2021, SOL was priced at just $1.52, at the time of writing it was trading for a little over $150. This is an epic gain of more than 9,800% in less than a year.

SOL hit an all-time high of $260 in early November but has retreated as markets began correcting late in the year. The massive move has given SOL a fifth spot in the market cap charts after peaking at fourth. Against BTC, SOL has gained 6,473% over the year.

Major investments and increased adoption in the wake of surging transaction prices on Ethereum have driven momentum for Solana, which has also been touted as an “Ethereum killer.” In June, Solana Labs raised $314 million via a private token sale led by Andreessen Horowitz and Polychain Capital.

Starting position: 112 — Final position: 5

Terra (LUNA)

The native token for decentralized financial payment network Terra has also made it into the crypto top ten briefly. LUNA began the year trading at around $0.65 and was largely unknown to mainstream retail traders.

Prices were lifted in March and May, but they didnt really take off until August when a massive pump took LUNA to an all-time high of $77.73 on Dec. 5. At the time of writing, LUNA was trading up a whopping 8,515% since the beginning of the year. In satoshi terms, LUNA has increased up 5,815% this year against BTC.

The rapid expansion of partners on the Terra ecosystem has been largely responsible for the bullish price action.

Starting position (CMC): 62 — Final position (CMC): 10

A few others are also worth a mention for making impressive gains this year and they include Avalanche‘s AVAX up 2,330% on the year, Polygon’s MATIC, which has surged more than 12,000%, and Binance Coin (BNB) making 1,271% this year.

Top 3 crypto losers in 2021Internet Computer (ICP)

Amid a world of hype, Dfinitys Internet Computer project exploded onto the scene this year after 5 years of largely secretive development. It promised an internet revolution replacing the trillion-dollar legacy internet and IT industry by allowing developers to install their code directly on a “public internet” without having to rely on third-party hosting firms.

Speculators in a frenzy for the next big thing in crypto loaded up on ICP tokens when they were listed on major exchanges in mid-May sending prices skyrocketing to a very quick all-time high of $700 on May 10.

Since then, ICP prices have virtually collapsed sinking to an all-time low of $24.29 on Dec. 4, a painful 96% down from its peak just 7 months prior. It has also lost 93% against Bitcoin in terms of satoshis.

Starting/Highest position: 8 — Final position: 37

EOS (EOS)

The once darling of crypto that many touted would kill Ethereum has actually done very little in terms of price movements this year while those around it have surged.

EOS had already fallen out of the market cap top ten on Jan. 1 and it continued to fall down the charts all year. EOS prices have only gained a paltry 15% over the year when others were in thre and 4 figures so we would consider that a loser in the grand scheme of things.

Block.ones once-hyped token was trading at $3.25 at the time of writing, having slumped to the 50th spot by market cap. It is currently 86% down from its April 2018 all-time high of $22.71 and has lost 22% against BTC over the year.

In early November, members of the EOS ecosystem voiced their dissatisfaction with the direction the network was heading.

Starting position: 15 — Final position: 50

Monero (XMR)

The privacy-focused cryptocurrency Monero has also fallen heavily down the market cap charts this year as a number of major exchanges delisted digital assets that offer anonymity.

XMR prices have mustered just 17% this year and have come nowhere near their January 2018 all-time high of $524. Currently trading at around $183, XMR has slumped 66% from that peak resulting in a fall to 49th in the coin cap tables. Monero has lost 30% against Bitcoin since the beginning of the year.

Starting position: 16 — Final position: 49

To put these gains and losses into perspective, Bitcoin is up 67.5% year-to-date (YTD) year while Ethereum gained 440%.