Ah, the grand theater of the cryptocurrency market! Here we stand, spectators to a drama where the valiant altcoins, like the noble Tron (TRX) and the ever-ambitious XRP, continue to dance merrily in the fields of unrealized gains, while the once-mighty giants, Ethereum (ETH) and Solana (SOL), wallow in the mud of sharp declines. What a spectacle! 🎭
Top Performers: Tron and XRP
According to the wise sages at Glassnode, our hero Tron stands tall, with a staggering 84.6% of its total supply basking in the warm glow of profit. Not far behind, the ever-hopeful XRP boasts 81.6% of its circulating supply still smiling at the bank. It seems the majority of these holders are laughing all the way to their wallets, even as the market throws its tantrums! 😂
Struggling Altcoins: Ethereum and Solana
But alas! The tale takes a darker turn for Ethereum and Solana. With only 44.9% of Ethereum’s supply still in profit, it has plummeted a heart-wrenching 39.9% since the dawn of this year. And poor Solana? A mere 31.6% of its supply remains profitable, a staggering 46.8% drop from the bright beginnings of 2025. Oh, the humanity! 😩
Bitcoin and Other Altcoins: Moderate Decline
In the midst of this chaos, Bitcoin (BTC) finds itself in a rather comfortable middle ground, with 76.8% of its supply still in profit. A small consolation, perhaps, compared to the plight of its altcoin brethren. Meanwhile, Toncoin (TON), ONDO, and the ever-popular Dogecoin (DOGE) are also enjoying moderate profitability, ranging from 50.8% to 74.3%. Not too shabby, eh? 😏
Despite the recent declines, the wise analysts at Glassnode remind us that some altcoins still cling to the majority of their supply in profit, revealing the wild and varied landscape of market performance across this chaotic realm of tokens. What a ride! 🎢
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2025-04-09 00:24