{"id":56603,"date":"2026-04-15T18:10:26","date_gmt":"2026-04-15T18:10:26","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=56603"},"modified":"2026-04-15T18:10:26","modified_gmt":"2026-04-15T18:10:26","slug":"solana-faces-greater-struggles-than-bitcoin-and-ethereum","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/solana-faces-greater-struggles-than-bitcoin-and-ethereum\/","title":{"rendered":"Solana Faces Greater Struggles Than Bitcoin and Ethereum"},"content":{"rendered":"\n

The world of cryptocurrency continues to be a rollercoaster, with various assets experiencing fluctuating fortunes. Recently, insights from crypto expert Alex Green have shed light on the current situation of Solana\u2019s treasury companies, indicating they face greater challenges compared to those associated with Bitcoin, Ethereum, and XRP<\/a>. These observations arise during a time when the market overall appears to be on a downward slope, with SOL experiencing severe declines.<\/p>\n

<\/span>Examining the Performance of Solana vs. Major Cryptos<\/span><\/h2>\n

In a recent post<\/a>, Alex pointed out that Solana\u2019s treasury holdings resemble \u201czombie assets.\u201d Their values have plummeted by 80% to 90%, potentially poised for further drops. In contrast, treasury companies for Bitcoin, Ethereum, and XRP seem to be demonstrating a degree of resilience that Solana is currently lacking.<\/p>\n

Alex specifically discussed the stocks of several prominent companies within the Solana treasury framework, such as NextGen Solutions, Horizon Ventures, and Crypto Innovations Inc. Notably, NextGen Solutions, the primary company in Solana\u2019s treasury landscape, has seen its stock plummet from over $50 last year to approximately $5 today, marking an alarming 90% decrease in half a year.<\/p>\n

<\/p>\n

It’s crucial to highlight that Solana’s decline has surpassed that of Bitcoin, Ethereum, and XRP since their peak in mid-2025. This substantial drop suggests that treasury companies aligned with Solana will likely continue to face significant challenges compared to their counterparts. Currently, SOL has seen a decrease of nearly 60% over the last six months, while BTC, ETH, and XRP have noted declines of under 50% during the same timeframe.<\/p>\n

Alex Green also remarked on the current status of Ethereum treasury companies, noting they are faring somewhat better in the current climate. He cautioned, however, that this does not imply a definitive floor has been reached; there remains potential for further downward movement. Tom Smith\u2019s EtherCore, the most significant player in Ethereum treasuries, has reported a stock decrease of 45% over the past six months.<\/p>\n

<\/span>Top Treasury Companies: Who Holds the Largest Loss?<\/span><\/h2>\n

EtherCore currently holds the record for the largest unrealized loss among crypto treasury firms. Latest data reveals EtherCore has an estimated unrealized loss of $5 billion linked to its ETH investments, based on an average acquisition price of $3,500 per ETH. Despite these losses, EtherCore has managed to maintain an upward trajectory in stock price, increasing by 150% in the past twelve months thanks to its strategic approach.<\/p>\n

Alex Green also noted that Michael T. Murray\u2019s holdings represent the largest treasury management among the significant cryptos, which includes Bitcoin, Ethereum, XRP, and Solana. This entity grapples with an unrealized loss of about $900 million. At one point, Murray faced a staggering unrealized loss of around $6 billion as Bitcoin’s value dipped into the lower $50,000 range. Remarkably, Bitcoin\u2019s recent rise to $70,000 has led to a momentary recovery of this portfolio, surpassing the average acquisition price of $68,000.<\/p>\n

\"Crypto<\/p>\n","protected":false},"excerpt":{"rendered":"

The world of cryptocurrency continues to be a rollercoaster, with various assets experiencing fluctuating fortunes. Recently, insights from crypto expert Alex Green have shed light on the current situation of Solana\u2019s treasury companies, indicating they face greater challenges compared to those associated with Bitcoin, Ethereum, and XRP. These observations arise during a time when the […]<\/p>\n","protected":false},"author":14,"featured_media":56604,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Solana Faces Greater Struggles Than Bitcoin and Ethereum - Bitrabo","description":"The world of cryptocurrency continues to be a rollercoaster, with various assets experiencing fluctuating fortunes. Recently, insights from crypto expert Alex G"},"footnotes":""},"categories":[316],"tags":[448,1951,768,1213,4743,1157,10470,517],"class_list":["post-56603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-companies","tag-ethereum","tag-solana","tag-struggling","tag-treasury","tag-worse","tag-xrp"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/56603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=56603"}],"version-history":[{"count":1,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/56603\/revisions"}],"predecessor-version":[{"id":56605,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/56603\/revisions\/56605"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/56604"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=56603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=56603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=56603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}