Data: SOL/BTC ratio has grown 290% since October 2023
Data disclosed by Glassnode shows that since October 2023, the SOL/BTC ratio has increased by 290%, fluctuating between 0.0011 and 0.0005 SOL/BTC. During this period, its performance has been significantly better than ETH, but unlike ETH, the price of SOL did not show any significant increase after the approval of Bitcoin spot ETF. In addition, the performance of altcoins in recent weeks has been disappointing, with ETH performing better than most altcoins and dominating the entire cryptocurrency market with a rise of 4.2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin’s LTH Spending Signals New Accumulation Phase
Long-Term Holder spending hits minimum, aligning with Bitcoin accumulation and potential price growth.Bullish Indicators Add Strength to Price Outlook
US Ethereum ETFs Hit Record 3.91M ETH Reserve
: U.S. spot Ethereum ETFs reach a record 3.91M ETH, with BlackRock holding the largest share at 41%.BlackRock Leads, Grayscale FollowsInstitutional Adoption Gaining Momentum
Missed Ethereum’s ICO? Qubetics at $0.3370 Stands Out Among Best Cryptos to Buy This Month
Missed Ethereum’s early rise? Qubetics is in its final presale stage, offering real utility, reduced supply, and up to 4,349% ROI potential. Discover the best crypto to buy this month.Qubetics Interoperability: Cross-Network Access Without ComplexityEthereum’s Legacy and Qubetics’ PromiseThe Bottom Line
Polyhedra to Increase ZKJ Buybacks After ‘Financial Attack’
Polyhedra co‑founder pledges more ZKJ token buybacks after price crash triggered by a financial attack.What Caused the Crash?Upcoming Buybacks & Security MeasuresWhat This Means for ZKJ Holders
Trending news
MoreCrypto prices
More
