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On-chain data shows Solana has seen a capital flow reversal recently as the asset is now receiving inflows at the same rate as XRP. Solana Realized Cap Now Growing At A Monthly Rate Around 4% In a new post on X, the on-chain analytics firm Glassnode has talked about how the trend in the Realized […]
https://bitcoinist.com/solana-demand-sol-realized-cap-growing-rate-xrps/
bitcoinist.com / Bitcoinist
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2025-05-16 10:02:28
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wss://articles.layer3.newsPublished at
2025-05-16 10:02:28Event JSON
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"Glassnode's on-chain analytics firm has observed a change in the trend of Solana's Realized Cap, which measures the total value of the cryptocurrency by assuming the 'real' value of each individual token to be the same as its last transaction price. The Realized Cap has surged back into the positive zone, indicating inflows of capital into the asset at a rate of 4-5%, similar to XRP. This suggests that demand for the Solana ecosystem has made a potential return, rivaling XRP."
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