The cryptocurrency market has suffered several significant setbacks during 2022, but some of its assets have performed better than others, particularly in terms of returns per month, a new yearly report has revealed.
Specifically, the top five best-performing assets in 2022 were Tron (TRX), Monero (XMR), Binance Coin (BNB), Ethereum Classic (ETC), and Dogecoin (DOGE), as per the new ‘State of the Network’ report by the blockchain analytics platform CoinMetrics published on December 20.
In terms of the aggregated results for the entire year, all 36 assets observed in the analysis recorded declines in returns, but the drops have been the lowest for the above five cryptocurrencies.
Source: CoinMetrics
Unsurprisingly, the battered Terra (LUNA) token was the worst performer, doing slightly worse than the FTX Token (FTT).
Best performers’ results
Among the top five performers, Tron measured the best results in May, when its returns increased by 33%, and in March with +19%. January an
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