Real-world assets (RWA) are also seeing significant momentum. Mantra (OM) and Ondo (ONDO) are up 1,570% and 380%, respectively.
Other sectors that have performed well since January 1 include layer-one coins up 17%, Solana DeFi up 9.8%, and AI & DePIN up 43%.
Major cryptocurrencies like Bitcoin and Ethereum have not been immune to this rally, with both tokens posting strong YTD performances.
BTC started 2024 at around $42,260 and has now surged to around $60,000, a gain of nearly 43%.
The most dramatic surge was in mid-March, when it reached an all-time high above $73,500.
In turn, ETH rose by 15%, moving from $2,280 to around $2,600.