Crypto analytics firm Glassnode has highlighted that Solana's momentum on the monthly time frame is weakening compared to Bitcoin and Ethereum. Glassnode examined the Realized Cap metric on social media platform X, which measures the price at which each coin was last moved and indicates the number of holders in profit or loss. The firm noted that the monthly rate of change in Realized Cap for Solana has fallen below both Bitcoin and Ethereum during the recent market downtrend, indicating a faster decline in momentum for Solana. However, Glassnode previously stated that Solana has experienced a positive net capital inflow since early September, which has contributed to its growth and price appreciation. At the time of writing, Solana is trading at $186.12, experiencing a slight decrease of over 1.5% in the past 24 hours.



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