Recent blockchain data indicates that investors in altcoins such as XRP and Solana are experiencing larger losses, when compared to their market value, than Bitcoin investors.
XRP & Solana Are Observing A High Value On The Relative Unrealized Loss
Glassnode, a company that studies cryptocurrency data, recently shared insights on X about how much unrealized loss different leading cryptocurrencies are experiencing. “Unrealized Loss” measures the total losses currently held by all investors in a particular cryptocurrency.
This calculation checks each coin’s transaction history on the blockchain to find its last traded price. If that previous price is higher than its current market price, it means the coin is currently worth less than what it was previously bought for, resulting in an unrealized loss.
The amount a cryptocurrency loses in value is simply the difference between its initial and current prices. The Relative Unrealized Loss calculates this difference across all losing tokens and expresses it as a percentage of the total market value, giving a clearer picture of the overall loss.
Similar to tracking unrealized profit, Relative Unrealized Loss measures how much of a cryptocurrency’s supply is currently worth less than what it was originally bought for. Essentially, it looks at tokens held at a loss compared to their current price. The following chart, provided by Glassnode, illustrates how this metric has changed over time for four major cryptocurrencies: Bitcoin, Ethereum, XRP, and Solana.
The graph shows that unrealized losses have increased across the market recently. This is a typical result of the recent decline in asset prices.
The overall trend has been consistent, but the extent of losses varies between cryptocurrencies. Bitcoin and Ethereum, the two largest by market capitalization, have relatively small losses of 11.9% and 16.6%, respectively. XRP and Solana, however, have experienced significantly larger losses, with unrealized losses of 31.8% and 54.8%.
According to an analytics firm, the significant losses seen in altcoins suggest that many current owners bought them when prices were at their peak. Although altcoins are currently experiencing substantial losses, these are still not as severe as those seen during the lowest point of the 2022 bear market. XRP’s losses are comparable, but Solana’s are much smaller.
XRP Price
At the time of writing, XRP is floating around $1.35, down 2% in the last seven days.
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2026-04-16 10:11