Sol, Memes, BTC: Digital Assets That Currently Outperform the Market

Although the recent rally is felt across the asset class, with 156 of the 189 assets in the CoinDesk Market Index returning positively over the past month, some kinds of assets have outperformed others. The Computing Index, which contains protocols dedicated to decentralizing data sharing, storage, and transmission, stands out. This can be partially attributed to the outsized return of oracle networks, including ChainLink (up 47% month-on-month), Band Protocol (up 21% month-on-month), and Tellor (up more than 2x month-on-month). The surge in oracle platforms coincides with growing enthusiasm surrounding the tokenization of real-world assets.