cryptd.in

另类 LinkedIn 适合加密人才

Solana Falls Under Realized Price: Here’s What Happened Last Time

On-chain data shows Solana (SOL) has seen its spot value drop under the Realized Price for the first time in three years following the recent bearish action.

Solana Has Just Seen A Breakdown Of The Realized Price

According to data from the on-chain analytics firm Glassnode, Solana has slipped around 8% below its Realized Price. The “Realized Price” is an indicator that basically tells us about the cost basis of the average investor or address on a given network.

When the spot price of the asset is trading above this metric, it means the holders as a whole are carrying a net unrealized profit. On the other hand, it being under the indicator suggests the average investor is underwater.

Now, here is the chart shared by the analytics firm that shows the trend in the Realized Price for Solana over the last few years:

Solana Realized Price

As is visible in the above graph, SOL broke above its Realized Price back in 2023, putting investors into the green. Throughout 2024 and the first couple of months of this year, the price remained above the line, but recently, it seems another crossover has finally occurred.

“Solana just plunged below its Realized Price for the first time in nearly 3 years,” notes Glassnode. At the current exchange rate, the price is around 8% below this metric, which means the average holder of the asset could be assumed to be 8% in the red.

From the chart, it’s apparent that the last time the cryptocurrency saw this type of crossover was back in 2022. Losing the level then meant the start of a bear market. Thus, it’s possible that the latest breakdown of the line could prove to be a bad sign for the coin this time as well.

Historically, the Realized Price has played the role of a boundary between bear and bull trends for not just SOL, but also other digital assets. In another X post, Glassnode has shared the data for a version of the indicator for Bitcoin, the number one cryptocurrency.

Bitcoin STH Realized Price

The metric displayed in the chart is the Realized Price of the short-term holders, which only measures the average cost basis of the investors who purchased their coins within the past 155 days. Unlike the Realized Price of the entire network, this version of the indicator serves more like a boundary line for short-term momentum shifts.

After the recent bearish price action across the digital asset sector, Bitcoin has seen its short-term holders fall into the red, which could imply the asset may continue to suffer from a drawdown in the near future.

SOL Price

At the time of writing, Solana is trading around $124, down almost 9% in the last week.

Solana Price Chart


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (458) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (74) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (74) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (6) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。