Altcoins Analytics 5th January 2026

BTC and Altcoin Dominance

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BTC Dominance

Altcoin Dominance

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Altcoins / BTC Spot Crosses

Altcoin spot prices denominated in BTC: BNB

Altcoin spot prices denominated in BTC: SOL

Altcoin spot prices denominated in BTC: XRP

​​Altcoin spot prices denominated in BTC: ETH

Altcoins Outperformance vs BTC

Altcoins Outperformance – The past week has seen SOL, ETH and XRP move overall in line with BTC however there are clear spikes of alt-led outperformance. In particular, XRP has outperformed more so than SOL and ETH relative to BTC.

Daily relative simple returns vs BTC

Altcoin Performance vs BTC

Daily relative simple returns vs BTC: ETH

Daily relative simple returns vs BTC: BNB

Daily relative simple returns vs BTC: SOL

Daily relative simple returns vs BTC: XRP

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Regression-Based Valuation vs BTC

ETH Spot vs BTC Spot regression

BNB Spot vs BTC Spot regression

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SOL Spot vs BTC Spot regression

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XRP Spot vs BTC Spot regression

ETF Flows: BTC, ETH & Altcoins

ETF Flows – Since 20 Dec, flows have been subdued: BTC and ETH ETFs saw mostly small net outflows, with a modest rebound into month-end. Altcoin ETFs were steadier overall, with intermittent inflows - notably SOL and XRP on a market-cap-normalised basis.

ETF net Flows: BTC, ETH & Altcoins

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Onchain Activity Index

Onchain Activity Index - SOL

Onchain Activity Index - SUI

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Block Scholes’ Risk Appetite Index measures the level of euphoria (above 1) or panic (below -1) in the spot market. Momentum in this index shows a strong relationship to spot returns.

Block Scholes’ Network Metric Index measures the momentum of an altcoin’s on-chain network metrics, normalised against Ethereum’s metrics. The index shows whether network activity is elevated (above 1) or subdued (below −1) relative to Ethereum.