← Narrative radar
Collecting Bitget market data
Alternative smart-contract base layers (BTC and ETH excluded).
Median 7-day return trailed BTC by −8.8 pts and only 0 of 10 assets outperformed BTC.
Calculated from market data by fixed rules. A stage describes observed behavior; it is not a prediction.
Median basket performance over 30 days, normalized to the start (dashed line).
| Asset | 7D | vs BTC | 30D | Volume | Funding/8h |
|---|---|---|---|---|---|
| SOL | −8.7% | −4.4 pts | −19.8% | +101.2% | +0.0055% |
| AVAX | −9.3% | −5.1 pts | −24.4% | −31.3% | +0.0010% |
| ADA | −11.9% | −7.6 pts | −22.8% | −37.0% | +0.0062% |
| SUI | −12.1% | −7.8 pts | −26.3% | −45.6% | +0.0100% |
| HBAR | −12.8% | −8.5 pts | −36.2% | −47.4% | +0.0040% |
| Asset | 7D | vs BTC | 30D | Volume | Funding/8h |
|---|---|---|---|---|---|
| DOT | −19.4% | −15.1 pts | −26.2% | −22.6% | −0.0156% |
| APT | −19.1% | −14.8 pts | −22.6% | −48.5% | +0.0100% |
| SEI | −17.5% | −13.2 pts | −34.2% | −49.9% | −0.0054% |
| NEAR | −16.7% | −12.5 pts | −23.6% | −37.1% | +0.0088% |
Representative assets used for this narrative’s analysis, not an exhaustive list of every token in the sector. Source: Bitget daily spot candles; funding from Bitget USDT perpetuals.
No contradicting signal in the calculated metrics.
The Layer 1 narrative is fading because the median asset returned −13.1% over 7 days while BTC returned only −4.3%, a −8.8 point underperformance. This shortfall accelerated week over week (from −5.3 pts to −8.8 pts), and critically, 0 of 10 tracked assets outperformed BTC. The 30-day picture confirms the weakness: median return of −24.8% trails BTC by −17.8 points. Momentum is deteriorating and trader engagement is waning, with median volume down 41.4% versus the prior three weeks and only 1 of 10 assets showing volume growth.
AI interpretation of the calculated metrics · it cannot change the classification