BTC Is the Only Major L1 With Clearly Positive 30-Day Returns — 1,772 bps Spread Over ADA
Over the 30 days ending April 22, Bitcoin leads the top-tier Layer 1 basket decisively: BTC +9.67%, ETH +9.55%, BNB -1.52%, SOL -5.20%, XRP +1.19%, ADA -8.05%, AVAX -3.47%, DOT -6.58%. The 1,772 basis point spread between BTC and the weakest major L1 (ADA) is historically wide for a 30-day window, and the pattern — where BTC and ETH decouple positively while SOL, ADA, DOT, and AVAX bleed — signals a risk-off rotation within crypto concentrating capital in perceived quality.
Supporting 3 queries
To surface this insight, Baselight ran 3 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
30d returns (Apr 22 vs Mar 25 closes): BTC +9.67%, ETH +9.55%, BNB -1.52%, SOL -5.20%, XRP +1.19%, ADA -8.05%, AVAX -3.47%, DOT -6.58%. BTC–ADA spread: 1,772 bps.