The L1 Native Token Returns vs. BTC highlights the relative price performance of large L1 native tokens versus bitcoin since Jan. 4.
Quick Take
Solana: +42.4% against BTC
BNB: -3.0% against BTC
DOT: +4.8% against BTC
ETH: +2.2% against BTC
Matic: +2.8% against BTC
Native Token Returns vs. BTC: (Source: Glassnode)
Definition: Market Capitalization Grouping vs. BTC
The Market Capitalization Grouping vs. BTC highlights the relative price performance of market capitalization size-based clusters versus bitcoin. Market capitalization groupings are defined as, Large Cap: >1B $, Mid Cap: 1B-100M $, Small Cap: 100M-50M $.
Quick Take
While in the last week since Jan. 10, large, mid, and small caps are all posting negative returns against Bitcoin.
Large Caps: -5.5%
Mid Cap: -0.27%
Small Cap: -4.36%
Marketcap grouping returns vs. BTC: (Source: Glassnode)
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