Source: DigitalToday
Original Title: ETH·SOL·XRP Record Losses…What is the Solution to Escape the Altcoin Crisis?
Original Link:
Ethereum(ETH), Solana(SOL), Ripple(XRP) and other major altcoins have not recovered their prices compared to the beginning of the year and are losing the interest of investors.
According to the data from Glassnode's 'Percent Supply in Profit, PSP' indicator, the ratios for Ethereum, XRP, and Solana have continuously decreased since October. This indicates that the percentage of investors holding these coins who are reporting profits is declining.
On the contrary, as the prices of large altcoins decline, the number of coins in a state of loss is increasing. The loss rates compared to supply are 38.37% for Ethereum, 36.7% for Ripple, and 74.84% for Solana.
Realized Loss ( indicator shows a more specific situation. Realized loss refers to the loss incurred when coins bought at a higher price than before are sold at a current lower price. This indicator reflects the 7-day average realized loss and highlights the status of new investors who bought during the recent price drop. As of November 25, Ethereum, Solana, and XRP all recorded the highest 7-day average realized loss since the market drop in April.
Glassnode stated that “the realized losses of new investors in large altcoins are increasing, and as price recovery is delayed, the stress in the speculative part of the market is growing.” They further analyzed that “as the pressure of losses continues, new investors are increasingly likely to exit the market to preserve their capital, which could accelerate price declines.” They added, “Instead, investors are turning their attention to altcoins with more attractive stories, such as privacy coins or neobank coins.”
On-chain analysis firm Santiment) has presented a relatively optimistic outlook based on on-chain indicators. Based on the MVRV( ratio of market value to realized value), while short-term and medium-term holders of Cardano(ADA), Chainlink(LINK), ETH, and XRP are reporting significant losses, Santiment has analyzed that these assets are undervalued and have the potential to recover to average value levels.
What conditions are needed for large altcoins to rebound and regain leadership in the market in the short term? The institutional rating report from Swissblock(, titled Altcoin Vector), indicates that the answer depends on Bitcoin's price fluctuations. The report forecasts, “If Bitcoin shows stability like in April during the last segment of the fourth quarter, it could set the stage for a reversal.” Even Bitcoin is facing strong selling pressure this month, and the fastest catalyst to break the prevailing pessimistic atmosphere in the market is expected to be Bitcoin's recovery.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
ETH·SOL·XRP record losses…What is the solution to escape the altcoin crisis?
Source: DigitalToday Original Title: ETH·SOL·XRP Record Losses…What is the Solution to Escape the Altcoin Crisis? Original Link:
Ethereum(ETH), Solana(SOL), Ripple(XRP) and other major altcoins have not recovered their prices compared to the beginning of the year and are losing the interest of investors.
According to the data from Glassnode's 'Percent Supply in Profit, PSP' indicator, the ratios for Ethereum, XRP, and Solana have continuously decreased since October. This indicates that the percentage of investors holding these coins who are reporting profits is declining.
On the contrary, as the prices of large altcoins decline, the number of coins in a state of loss is increasing. The loss rates compared to supply are 38.37% for Ethereum, 36.7% for Ripple, and 74.84% for Solana.
Realized Loss ( indicator shows a more specific situation. Realized loss refers to the loss incurred when coins bought at a higher price than before are sold at a current lower price. This indicator reflects the 7-day average realized loss and highlights the status of new investors who bought during the recent price drop. As of November 25, Ethereum, Solana, and XRP all recorded the highest 7-day average realized loss since the market drop in April.
Glassnode stated that “the realized losses of new investors in large altcoins are increasing, and as price recovery is delayed, the stress in the speculative part of the market is growing.” They further analyzed that “as the pressure of losses continues, new investors are increasingly likely to exit the market to preserve their capital, which could accelerate price declines.” They added, “Instead, investors are turning their attention to altcoins with more attractive stories, such as privacy coins or neobank coins.”
On-chain analysis firm Santiment) has presented a relatively optimistic outlook based on on-chain indicators. Based on the MVRV( ratio of market value to realized value), while short-term and medium-term holders of Cardano(ADA), Chainlink(LINK), ETH, and XRP are reporting significant losses, Santiment has analyzed that these assets are undervalued and have the potential to recover to average value levels.
What conditions are needed for large altcoins to rebound and regain leadership in the market in the short term? The institutional rating report from Swissblock(, titled Altcoin Vector), indicates that the answer depends on Bitcoin's price fluctuations. The report forecasts, “If Bitcoin shows stability like in April during the last segment of the fourth quarter, it could set the stage for a reversal.” Even Bitcoin is facing strong selling pressure this month, and the fastest catalyst to break the prevailing pessimistic atmosphere in the market is expected to be Bitcoin's recovery.