Much has been said of Solana’s recovery since the whole Sam Bankman-Fried thing. But one of the network’s primary rivals, Avalanche, is also having a bit of a moment.

Blink and you might have missed it: Avalanche (AVAX) has flipped bitcoin cash (BCH), polygon (MATIC), polkadot (DOT), tron (TRX) and chainlink (LINK) over the past two weeks.

At $9.8 billion, AVAX is now a top-10 cryptocurrency by market cap (if you don’t count Lido Staked ETH), its highest rank all year. 

In US dollar terms, AVAX has jumped 150% year to date — almost all of it over the past month. Bitcoin (BTC) has returned slightly more, with BTC’s rallies largely credited with turning crypto into a sea of…

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