After the crypto rally in January, the market continued showing green numbers in February, albeit only for the first half of the month. In the first two weeks, the crypto market appreciated by an additional 33.8%, and on 15 February, the market even experienced its highest yearly market cap level of $309 billion. Thereafter, the correction phase started, and the majority of cryptocurrencies started showing red numbers. In the second half of the month, the crypto market lost 25.9% and ended February with a nearly stale performance of -0.8%.

Solidum Actio reported a marginally better performance compared to the crypto market in the past month. Solidum Actio ended the month with a gain of 2.15%, whereas the cryptocurrency market recorded a loss of -0.8%.

Chart 1 (SOAC & Market)

The top three performers in the Solidum Actio portfolio were Tezos (+66.27%), Chainlink (+45.74%) and Ethereum (+22.03%). All three assets are among the top five holdings in the Solidum Actio portfolio with 12.4%, 11.5% and 10.1% weightings, respectively. The performance of these three assets greatly contributed to the overall monthly performance of Solidum Actio in the past month.

Chart 2 (SOAC Best Performers)
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DISCLAIMER: This article is for informational and discussion purposes only and does not constitute a marketing message, an investment survey, an investment recommendation, or investment advice. The article was prepared exclusively for a better understanding of market dynamics.

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