Monday, June 23, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Altcoin

Solana Witnessing ‘Diminishing Momentum’ Compared to Bitcoin and Ethereum, According to Glassnode – Here’s Why

n70products by n70products
December 29, 2024
in Altcoin
0
Solana Witnessing ‘Diminishing Momentum’ Compared to Bitcoin and Ethereum, According to Glassnode – Here’s Why
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Analytics agency Glassnode says Solana’s (SOL) momentum on the month-to-month time-frame is waning compared to Bitcoin (BTC) and Ethereum (ETH).

On the social media platform X, Glassnode examines the Realized Cap metric, which data the worth at which every coin was final moved and goals to gauge what number of holders are in revenue or at a loss.

The agency factors out the month-to-month % change in realized cap for every of the three belongings.

“This metric acts as an indicator of the speed and path of capital inflows or outflows for these belongings.

In the course of the current market downtrend, the month-to-month price of change in Realized Cap for SOL has plunged beneath each BTC and ETH.

This means a sooner decline in momentum for Solana in comparison with the opposite two belongings.

Present month-to-month Realized Cap Change (%/30D):

• BTC: +10.87%
• ETH: +5.43%
• SOL: +2.19%.”

Image
Supply: Glassnode/X

However Glassnode noted earlier this week that Solana has maintained a optimistic web capital influx since early September 2023, with solely minor durations of outflow.

“This sustained inflow of liquidity has assisted in stimulating progress and value appreciation, attaining a exceptional peak influx of $776 million of latest capital per day.”

SOL is buying and selling at $186.12 at time of writing. The sixth-ranked crypto asset is down greater than 1.5% previously 24 hours.

Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox

Examine Price Action

Comply with us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Day by day Hodl are usually not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses you might incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in online marketing.

Generated Picture: Midjourney





Source link

Tags: BitcoinComparedDiminishingEthereumGlassnodeHeresMomentumSolanaWitnessing
Previous Post

This year in crypto – Spot Bitcoin & Ethereum ETF approvals, ‘Trump pump,’ etc.

Next Post

Dogecoin Price Gets Caught In Long Cup And Handle Pattern That Could Send Price Crashing Below $0.2

Next Post
Dogecoin Price Gets Caught In Long Cup And Handle Pattern That Could Send Price Crashing Below $0.2

Dogecoin Price Gets Caught In Long Cup And Handle Pattern That Could Send Price Crashing Below $0.2

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

India’s crypto industry urges tax cuts as Trump support softens New Delhi’s stance

India’s crypto industry urges tax cuts as Trump support softens New Delhi’s stance

May 27, 2025
Will The Halving Send Bitcoin Price To $100,000? Analytics Platform Reveals What You Should Expect

Will The Halving Send Bitcoin Price To $100,000? Analytics Platform Reveals What You Should Expect

April 12, 2024
Bitcoin Price Drops Again—Is $80K the Last Defense for Bulls?

Bitcoin Price Drops Again—Is $80K the Last Defense for Bulls?

February 27, 2025
Dogecoin (DOGE) Bleeds Further—Fresh Weekly Lows Test Investor Patience

Dogecoin (DOGE) Bleeds Further—Fresh Weekly Lows Test Investor Patience

April 4, 2025
Analysts Explain Why The Bull Cycle Is Far From Over

Analysts Explain Why The Bull Cycle Is Far From Over

October 12, 2024
Ripple Locks Away 800 Million XRP In Escrow, Impact On Price?

Ripple Locks Away 800 Million XRP In Escrow, Impact On Price?

February 2, 2024

Recent Posts

  • Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers
  • Analyst Puts XRP Cycle High At $20-$30, Here’s Why
  • Introducing Casper “the Friendly Ghost”

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers

Walmart Ordered To Pay $10,000,000 After Retail Giant Allegedly ‘Turned a Blind Eye’ to Scammers Exploiting Customers

June 23, 2025
Analyst Puts XRP Cycle High At $20-$30, Here’s Why

Analyst Puts XRP Cycle High At $20-$30, Here’s Why

June 23, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version