Weak liquidity and insufficient buying pressure leave altcoins vulnerable to another liquidation wave. Many sit near support while selling pressure persists, so even a small selloff could trigger liquidations; a bounce is still possible, but the bottom is not convincing yet. A further major drop would offer better entries in bitcoin, ether, Pendle and Bittensor, whose long-term potential remains intact. x.com 

The era of buying Ether or Solana to make money looks over, as money circulates among smaller tokens while the majors stay flat. First Robinhood's chain and now Arc have drawn the flows. Even whether ETH and SOL are safe havens is debatable, since the top 100 shows these patterns will change. x.com 

Ethereum's deeper capital liquidity favors a 65% ETH weight, while Solana's stronger trading and consumer activity warrants 35% SOL in a long-term allocation. At ~4.8 times Solana's market cap, Ethereum holds ~8.4 times its DeFi TVL and ~9.1 times its stablecoin liquidity. Solana leads in chain fees, app revenue and DEX volume, but app revenue need not accrue to SOL. Sustained growth in Solana's stablecoins, TVL and revenue could change the weights. x.com 

Ethereum can't do well over time unless it regains the strength and market share it lost to Solana, especially with inflationary tokenomics. Crypto is maturing, and Bitcoin will no longer lift the rest of the market the way it used to, contrary to @Nam_1r's view that a big bitcoin rally would surely pull ETH to a new high. x.com 

Solana has lost its moats: speed and retail mindshare carried it this cycle, and every narrative it was meant to own now has a stronger competitor. Memecoin attention is spreading to Robinhood, BNB and Base, Robinhood is coming for tokenized stocks, and Hyperliquid owns perps. Solana's perps did $8.9B last week, which Hyperliquid often does in a day. As more volume settles in its $15.5B of stablecoins, SOL matters less beyond gas. Pump.fun has sold about 4.8M SOL and expanded beyond Solana. … Show more

Solana's financial activity is scaling through stablecoin volume and institutional tokenized funds. It reportedly processed $5 trillion in stablecoin volume in 2026, while JPMorgan Asset Management launched two tokenized money-market funds on Solana for qualified US investors through Morgan Money. x.com  x.com 

Solana looks like last cycle's Ether, a laggard among the majors, because its inflation keeps diluting holders. Emissions run about $5 million a day at current prices and rise as price climbs, and even with the new proposals SOL would remain inflationary. Growth in onchain activity does not accrue value to the token, and SOL was the worst-performing major even as ETH moved up. Any upside from the proposals passing is a short-term trade to sell into. x.com  x.com 

Ethereum's ETF outflows look especially troubling relative to other major crypto assets. Weekly ETH ETF outflows of $320 million exceeded Bitcoin's $228 million and Solana's $25 million combined, per Ted Pillows. x.com 

Ethereum and Solana should outperform bitcoin during the network-effect phase, as traditional finance moves onto stablecoin and Ethereum infrastructure. Ethereum can give that world some of the discounted cash flows it needs, and Ethereum and Solana are where the fight will be. The edge is temporary, perhaps one to three years, since bitcoin has the durable moat. Ethereum versus bitcoin is moving sideways; a breakout there would be the signal to buy altcoins for about six months. … Show more

Ethereum's liquidity is falling further behind Bitcoin's. ETH now has just 35–45% of Bitcoin's liquidity, versus at least 60% in 2025, with median ETH liquidity around $13–14M. x.com