Thursday, October 23, 2025
Catatonic Times
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert
No Result
View All Result
Catatonic Times
No Result
View All Result

Solana More Resilient Than BTC, ETH In This Metric: Data

by Catatonic Times
February 20, 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


The on-chain analytics agency Glassnode has revealed how Solana has lately proven extra resilience than Bitcoin and Ethereum on this indicator.

Solana Has Seen A Smaller Decline In Scorching Capital Than Bitcoin & Ethereum

In a brand new publish on X, Glassnode discusses how the assorted prime cash within the cryptocurrency sector have carried out by way of Scorching Capital throughout the current market downturn.

The “Scorching Capital” right here refers to an on-chain metric that tracks the current capital flows for a given asset. The indicator combines the Realized Cap of two coin age ranges, 24 hours and 1 day to 1 week, with a view to calculate its worth.

The Realized Cap is an on-chain capitalization mannequin that assumes the ‘true’ worth of any token in circulation is the same as the spot worth at which it was final transacted on the blockchain.

This indicator principally represents the whole quantity of capital that the traders on the community as a complete have used to buy their cash (which is in distinction to the same old market cap, signifying the worth the holders are carrying within the current).

As such, the Realized Cap of the youngest age bands (24 hours and 1 day to 1 week) tells us in regards to the quantity of capital that lately flowed into the cryptocurrency.

Now, here’s a chart that exhibits the development within the Scorching Capital for Ethereum over the past yr:

Appears to be like like the worth of the metric has gone down in current weeks | Supply: Glassnode on X

As displayed within the above graph, the Scorching Capital (black curve) spiked to a excessive stage for Ethereum again in December, implying a excessive quantity of contemporary capital was flowing into the asset. Since then, nevertheless, the metric has plunged.

In comparison with the December peak, new ETH demand has dropped by over 52%. Bitcoin has additionally witnessed an analogous sample, with the primary cryptocurrency even seeing a bigger drop of 77%. “Momentum has cooled sharply since December peaks,” notes Glassnode.

Curiously, whereas the highest two cash have seen this important cooldown, Solana has proven a special development, because the beneath chart exhibits.

Solana Hot Capital

The development within the SOL Scorching Capital throughout the previous twelve months | Supply: Glassnode on X

In December, Solana’s aggregated Realized Cap of the 24-hour and 1-day to 1-week age bands stood at $15.8 billion. Demand has cooled for the coin as properly since then, however with the metric right now sitting at round $11.8 billion, the distinction is of simply 25%. Clearly, SOL has proven extra resilience than BTC and ETH throughout this era.

It now stays to be seen whether or not this could find yourself mirrored in Solana’s worth or not.

SOL Worth

On the time of writing, Solana is buying and selling round $172, down greater than 12% over the past week.

Solana Price Chart

The value of the coin appears to have plunged over the previous couple of days | Supply: SOLUSDT on TradingView

Featured picture from Dall-E, Glassnode.com, chart from TradingView.com



Source link

Tags: BTCDataETHMetricresilientSolana
Previous Post

Top NFT Collections – February 20, 2025

Next Post

Why Is XRP Going Up? XRP News on Brazil’s Spot XRP ETF Drives Price and Predictions Higher

Related Posts

Moon Inc. Raises .8M To Put BTC On Prepaid Cards In Asia
Bitcoin

Moon Inc. Raises $8.8M To Put BTC On Prepaid Cards In Asia

October 22, 2025
‘No Longer Speculation,’ Says Pundit
Bitcoin

‘No Longer Speculation,’ Says Pundit

October 22, 2025
CZ “비트코인, 금 시총 추월할 것”…주목받는 신규 암호화폐는?
Bitcoin

CZ “비트코인, 금 시총 추월할 것”…주목받는 신규 암호화폐는?

October 22, 2025
Melania Crypto Slides 99.3% As Lawsuit Filed In New York
Bitcoin

Melania Crypto Slides 99.3% As Lawsuit Filed In New York

October 22, 2025
Bitcoin Newbie Whales Now Sitting On .9 Billion In Losses, Most Since 2023
Bitcoin

Bitcoin Newbie Whales Now Sitting On $6.9 Billion In Losses, Most Since 2023

October 22, 2025
Market Pullback Deepens: Bitcoin Slips, ETH Drops, and Traders Panic Over Musk’s BTC Move
Bitcoin

Market Pullback Deepens: Bitcoin Slips, ETH Drops, and Traders Panic Over Musk’s BTC Move

October 22, 2025
Next Post
Why Is XRP Going Up? XRP News on Brazil’s Spot XRP ETF Drives Price and Predictions Higher

Why Is XRP Going Up? XRP News on Brazil's Spot XRP ETF Drives Price and Predictions Higher

KuCoin EU Files MiCAR Application in Austria to Ensure Compliant EEA Operations

KuCoin EU Files MiCAR Application in Austria to Ensure Compliant EEA Operations

Leave a Reply Cancel reply

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

Catatonic Times

Stay ahead in the cryptocurrency world with Catatonic Times. Get real-time updates, expert analyses, and in-depth blockchain news tailored for investors, enthusiasts, and innovators.

Categories

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

Latest Updates

  • Moon Inc. Raises $8.8M To Put BTC On Prepaid Cards In Asia
  • ‘No Longer Speculation,’ Says Pundit
  • Did Vitalik just pick a side? Inside Ethereum’s layer-2 loyalty test
  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Crypto Updates
  • Bitcoin
  • Ethereum
  • Altcoin
  • Blockchain
  • NFT
  • Regulations
  • Analysis
  • Web3
  • More
    • Metaverse
    • Crypto Exchanges
    • DeFi
    • Scam Alert

Copyright © 2024 Catatonic Times.
Catatonic Times is not responsible for the content of external sites.