Despite the recent struggles of the cryptocurrency industry, some assets such as Solana (SOL) and Cardano (ADA) have shown better risk-adjusted returns compared to others. According to data from crypto market analysis platform Kaiko, both Solana and Cardano have recorded the highest year-to-date risk-adjusted returns among the top altcoins by market cap, with a Sharpe ratio of above 2. On the other hand, meme-inspired digital assets like Shiba Inu (SHIB) and Dogecoin (DOGE) have shown poor risk-adjusted returns, with a Sharpe ratio below 1. However, it is important to note that all four assets, including Solana and Cardano, suffered losses in the past week.