ETH Outpaces SOL by 1,354 bps and BNB by 1,118 bps Over 30 Days — L1 Hierarchy Reshuffles
Over the 30 days to April 20, ETH leads the major L1 basket at +11.01% while SOL is down -2.53% and BNB is flat at -0.17% — a 1,354 bps ETH-SOL spread and 1,118 bps ETH-BNB spread, unusually wide for assets that historically cluster within a few hundred basis points. The ETH/BTC ratio has also recovered from its 90-day trough, suggesting ETH is quietly reclaiming relative ground.
Supporting 6 queries
To surface this insight, Baselight ran 6 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
30-day returns (Mar 21→Apr 20): ETH +11.01%, BTC +10.10%, BNB −0.17%, SOL −2.53%, ADA −3.62%; ETH-SOL spread: 1,354 bps; ETH-BNB spread: 1,118 bps; ETH/BTC ratio Apr 20: 0.03051; ETH/BTC 90-day low: 0.02858 (Feb 15).