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%.
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Data: SOL/BTC ratio has grown 290% since October 2023
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Kaiko data: Bitcoin miners’ income has dropped sharply, and they may sell BTC to maintain operations
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Brazil's trading volume reaches $6 billion in 4 months
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Ethereum has about $48.05 million in on-chain loan liquidation quota around $2,778
According to Defi Llama data, there is approximately $48.05 million in on-chain liquidation volume for Ethereum around $2,778. -
Ethereum has about $48.05 million in on-chain loan liquidation quota around $2,778
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The Ethereum network has currently destroyed more than 4.29 million ETH
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Over $594 million worth of PYTH is staked
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USDC circulation decreased by $100 million in the past week, with a total circulation of $33 billion
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Yesterday, Solana’s on-chain DEX transaction volume surpassed Ethereum, reaching $1.314 billion
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