‘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, […]‘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, […]
