XRP, Solana Holders Deeper In The Red Compared To Bitcoin, Data shows
On-chain data shows altcoins like XRP and Solana are observing a higher amount of investor loss relative to their market caps than Bitcoin. XRP & Solana Are Observing A High Value On The Relative Unrealized Loss In a new post on X, on-chain analytics firm Glassnode has talked about how the Relative Unrealized Loss compares […]
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While the prices of cryptocurrencies are trending downward, major networks such as Solana are showing heightened activity on-chain. Meanwhile, on-chain data shows that SOL is at the top of its game as the network has had a better runtime in recent days compared to major chains. Blockchain Stress Test, But Solana Shows Strength In the […]
Solana has overtaken Ethereum in terms of total real-world asset (RWA) holders, providing a positive sign for the network. However, Ethereum remains ahead in total tokenized value on these networks. Solana Ranks Ahead Of Ethereum In RWA Holders In an X post, Solana pointed to data from RWA.xyz showing that the network had, for the […]
On-chain data shows Solana is hovering around its Realized Price right now, a level that has historically served as the boundary for major trend shifts. Solana Has Plunged To The Realized Price Recently In a new post on X, CryptoVizArt.₿, senior analyst at the on-chain analytics firm Glassnode, has discussed about the Realized Price of Solana. The “Realized Price” refers to an indicator that, in short, keeps track of the cost basis of the average investor or address on a given cryptocurrency network. Related Reading: Don’t Call Bitcoin Bottom Just Yet, CryptoQuant Head Says:....
Daily transactions in the Solana blockchain consistently increased, ending with more than 40 million daily transactions compared to Ethereum’s 1 million daily transactions between April and June. Hype does not always equate to greater adoption, as the on-chain data from the second quarter of 2022 shows Solana (SOL) surpassing Ethereum (ETH) in users’ daily transactions despite various drawbacks from both macroeconomic conditions and network outages. Throughout the second quarter, Solana’s daily transactions consistently increased, ending with more than 40 million daily transactions....
A new method used by fraudsters has emerged, catching Solana (SOL) holders off guard on the Pump.fun platform, leading to significant losses. Going by the pseudonym “Short Form King”, a crypto researcher sheds light on this new trend and exposes the tactics used by these fraudsters. Rising Threat To Solana Holders A recent social media post […]