Among major tokens, ether fared particularly poorly, falling 5%.– an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins and exchange coins – was down 2.6% in the last 24 hours, with ChainlinkETH not only made new lows against BTC – the ETH/BTC ratio went below 0.038 for the first time since April 2021 – but also against SOL. The SOL/ETH trading pair notched a decisive new all-time high by rising 6.3% to 0.
“Measuring from crypto's ATH market cap in Nov 2021 to remove shows ETH and SOL have had the same performance,” Rudick added.
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