The article discusses the impact of inflation on the all-time high prices of cryptocurrencies such as Bitcoin, Ethereum, and Solana. Despite reaching new highs in terms of nominal prices, when adjusted for inflation, these cryptocurrencies are still below their previous all-time highs. The article highlights that Bitcoin needs to rally by more than $9,100 to break its inflation-adjusted price record, while Ethereum and Solana also have significant gaps to fill. The author suggests that considering inflation-adjusted prices during periods of high inflation may be necessary, but it is unlikely that the crypto industry will deviate from the conventional approach of using nominal prices. Ultimately, the article emphasizes the negative effects of inflation on crypto's all-time highs.



Other News from Today