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Market Cap:
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AMB Crypto
2023-01-30 20:30:40

Why Solana’s [SOL] recent gains might be undercut by this metric’s findings

Why Solana’s [SOL] recent gains might be undercut by this metric’s findings

‘Overvalued’ Solana’s indicators seemed to indicate the arrival of market bears On the contrary, SOL’s demand across the derivatives market increased TK Ventures and CoinWire’s data revealed that Solana [SOL] is now the most overvalued blockchain. This was determined using the market capitalization/TVL metric. When a network’s market cap to TVL ratio is above 1.0,

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