Investor Rotation From Ethereum to Solana Fuels Rising Bearish Sentiment

Investor Rotation From Ethereum to Solana Fuels Rising Bearish Sentiment

Amid a significant shift from Ethereum (ETH) to Solana (SOL), Ethereum faces heightened bearish sentiment, with ETH/BTC ratios sinking to their lowest point in over three years. Over the past week, Solana surged nearly 17%, while Ethereum’s price held relatively steady, underscoring a possible pivot of interest toward alternative blockchains. The ETH/BTC trading ratio dropped to 0.037 on October 24, its weakest since April 2021, as Bitcoin re...

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