Altcoin Divergence: Solana & XRP Underperform Bitcoin & Ethereum

The cryptocurrency market is showing signs of divergence between major coins and altcoins, with Solana (SOL) and XRP exhibiting higher unrealized losses compared to Bitcoin (BTC) and Ethereum (ETH). On-chain data from Glassnode reveals that a significant portion of SOL and XRP holders are still in loss, with 65-75% unrealized loss. This signals weaker positioning in altcoins and slower recovery strength.