Cryptocurrency market flattens out once more Bitcoinwith uncommon exceptions reminiscent of: BNBhowever what about it? Ethereum and Solana?And what’s a meme coin? Bonk Are you doing it?
I want to reply these questions right this moment.
Ethereum, Solana, Bonk worth evaluation
Costs for the previous 7 days are: Bitcoin It elevated by 6%. that of Ethereum A rise of just about 8%.
It might appear so Ethereum has outperformed BTC, but when we prolong the comparability to 30 days in the past, we see that Ethereum is just +4% whereas Bitcoin is +9%.
for instance, BNB That is a 29% improve in comparison with 7 days in the past, however +49% in comparison with 30 days in the past.
In different phrases, BNB worth ETH doesn’t observe the pattern of BTC.
This argument turns into even clearer after we analyze the value pattern of Ethereum expressed in Bitcoin.
In late September, the value settled round 0.038 BTC for a number of days, however fell to 0.035 BTC by the top of the month.
Initially of October, it exceeded 0.037 BTC, however has since returned to 0.036 BTC.
Which means Ethereum’s worth pattern in October was really inferior in comparison with Bitcoin, however the state of affairs was completely different in September, particularly within the first half of the month.
Nevertheless, it must be famous that the greenback worth of ETH is again to the $4,500 vary, which is just -10% from its all-time excessive. Nevertheless, Bitcoin hit a brand new all-time excessive two days in the past, and Ethereum hit its all-time excessive a month and a half in the past. Moreover, BTC is just -3% from its excessive 2 days in the past.
Contemplating this, we will say that it’s Bitcoin that’s main in the meanwhile, and in contrast to BNB, Ethereum is just following from a distance.
Solana traits
The argument is not that completely different Solana.
furthermore, CMC Altcoin Season Index is under 55 factors, virtually within the realm of excellent neutrality. Which means on common, altcoins carry out roughly equally to Bitcoin, with uncommon exceptions.
Solana is not any exception, with a slight +6% improve over the previous 7 days and a large +6% improve over the previous 30 days.
Nevertheless, the present worth of sol This was recorded in January through the meme coin growth, so it’s nonetheless 25% under its all-time excessive.
As of now, the vast majority of new meme cash are on the Solana blockchain, so SOL worth traits are extremely depending on traits within the meme coin market.
The truth is, after the meme coin mini-bubble burst on the finish of 2024 (which occurred in February 2025), Solana’s worth fell from $260 to $105 in three and a half months, a very fast collapse.
However that crash was too excessive, and a rebound occurred inside only a month. Nevertheless, this rally did not have the power to even get again to $200, so we needed to wait till July to see this quantity once more.
The rally started once more in August, peaking simply above $250 simply after mid-September. Since then, it has remained flat with some fluctuations inside the vary of $190 to $230.
meme coin bonk efficiency
Bonk With regards to Solana meme cash, it’s the main meme coin.
This token was launched on the cryptocurrency market about three years in the past, and its market capitalization exceeds even Donald Trump’s official meme coin.
To be sincere, Solana’s meme coin is just not the one with the best market cap in the meanwhile. Pudgy Penguin (PENGU)which was launched lower than a yr in the past.
In the intervening time, worth of BNK Though it’s -65% from its all-time excessive set in November of final yr, you will need to notice that this meme tends to rise within the fall as a consequence of a advertising and marketing program particularly centered on December.
The truth is, the primary small one was certainly in December 2023 and the final one in November 2024.
In 2025, it fell 85% from its peak in simply over 4 months, however started to rebound from the top of April.
The present worth is actually consistent with the value reached after the April rally, confirming that it isn’t a very good time for meme cash.
Nevertheless, please notice that the memecoin sector develops by way of bubbles, so we can not exclude the chance that different sectors will exist sooner or later. The truth is, it is rather probably that different speculative bubbles will type inside the meme coin sector in the end, but it surely must be specified that people who carry out effectively are sometimes new, and people who have already skilled a giant growth previously have a tendency to not repeat it.
