Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses

Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses

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Source: Coindesk.com

The SOL/ETH ratio slides as ether ETF narrative weighs over altcoins. Technicals have flipped bearish, signaling more losses ahead for the ratio.

A month ago, CoinDesk discussed how spot ether (ETH) ETF speculation could spur an outflow of money from altcoins, including Solana's SOL token and into ether.

Read More https://www.coindesk.com/markets/2024/06/20/solana-ether-ratio-hits-3-month-low-analyst-anticipates-further-losses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Solana-Ether Ratio Hits 3-Month Low, Analyst Anticipates Further Losses" appeared first here Coindesk.com.

Source: Coindesk.com

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