My people, things are heating up in the crypto world and I have some hot gossip! 🔥 Since the peak in November 2021, when altcoins (all except Ethereum, pay attention!) were rising like foam, they have collapsed! A report from Glassnode and Avenir Group dropped the bomb: they have lost more than 30% of their value! It's like their bubble was popped and they are left without air. 🎈

Although Bitcoin and Ethereum have surged thanks to Bitcoin ETFs and the return of big investors (the "institutional" ones), most altcoins are stagnant, like a car without gas! 🚗 Not only have they not recovered their previous prices, but liquidity (the cash that moves) and market participation are weaker than a noodle. Look at the graph and you will see they never reached the peak of 2021!

Did they run out of love and leave for the bigger ones? 💔

And why is this happening? Well, it turns out that people are preferring to invest their money in the "heavyweights": Bitcoin, Ethereum, and some gems like Solana. Before, any cool story or an active community was enough for an altcoin to rise like foam (remember DeFi, NFTs, and the Metaverse?). But now, investors have become more demanding. The story is no longer enough! 🙅‍♂️

The report says that the crypto ecosystem is more "concentrated". In other words, innovation is not translating into cash for all altcoins, and many have been reduced to almost nothing. Poor things! Now people are asking for real use cases, code security, and that the crypto model be sustainable. The risk of governments intervening with regulations, transparency, and technical efficiency are more important than the "hype" (the moment's euphoria).

Additionally, there is less venture capital for new tokens! This directly impacts their liquidity and ability to move in the market. It's as if they have closed the faucet. 💧

Solana: The black sheep that turned to gold (or the exception that proves the rule) ✨

But like in every story, there is always a hero. In this case, Solana is the exception to the rule. Its SPL ecosystem has proven to be stronger than oak. According to the report, Solana has captured a lot of the money that was previously spread among many altcoins. It has become a magnet for its efficiency, speed, and because people are actually using it. That one is really rising like foam! 📈

So you all know, my people, be careful where you put your money. The world of altcoins is more complicated than before, and now you have to be smarter to avoid losing your cash. The time of "buying anything" seems to be over!$BTC $SOL