🚨 Solana Loses Momentum Compared to Bitcoin and Ethereum

According to a report by PANews, the analysis firm Glassnode has detected a decline in Solana's ($SOL ) momentum compared to Bitcoin ($BTC ) and Ethereum ($ETH ) over a monthly timeframe.

The metric used to evaluate this change is the realized market capitalization, which measures the speed and direction of capital inflows or outflows for these assets.

During the recent market downturn, the monthly change rate of Solana's realized market capitalization has fallen below that of Bitcoin and Ethereum, suggesting a faster decline in Solana's momentum relative to the other two assets.

At this moment, with Bitcoin priced at $95,159.90, Ethereum at $3,398.44, and Solana at $195.53 (according to CoinMarketCap, December 29, 2024), it is important to consider the factors that may be contributing to this decline in Solana's momentum compared to Bitcoin and Ethereum, which is a topic that requires attention and analysis.

However, it is also important to remember that the cryptocurrency market is highly volatile and that changes in momentum can be temporary. Solana has proven to be a strong cryptocurrency in the past, and it may be able to regain its momentum in the future#BTC #ETH