Altcoins Outshine Bitcoin: Ethereum, Solana, and Zcash Lead the Pack

The past 90 days have seen an interesting trend in the cryptocurrency market. While Bitcoin's price rose 21% over this period, 38% of all altcoins outperformed it. Among these altcoins, three stand out: Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Zcash (CRYPTO: ZEC).

Ethereum is the world's second most valuable cryptocurrency and uses the proof-of-stake (PoS) mechanism to enable staking and smart contracts. Its Layer-1 blockchain is the largest developer-oriented PoS blockchain, with a growing ecosystem of developers. Ethereum's price has risen 41% over the past 90 days.

Solana is the world's fastest PoS blockchain, achieving higher transaction speeds than Ethereum's L1 blockchain through its proof-of-history (PoH) mechanism. A growing number of fintech companies are using Solana to settle stablecoin transactions and launch new cryptocurrencies. Its price has risen 42% over the past 90 days.

Zcash is a PoW token like Bitcoin, but it can be mined faster and its users can fully hide their addresses and transactions. Over the past 90 days, Zcash's price surged 193%, driven by major investors locking up tokens in long-term holding structures.