Solana ID vs BNB Attestation Service

BNB Attestation Service (BAS) is 538.3× the size of Solana ID (SOLID) by market capitalisation. Over the past 30 days, SOLID is ahead by 17.0 percentage points (SOLID -19.1% against BAS -36.1%). Their daily returns move barely together (correlation 0.30 across 21 shared trading days). BAS has been the more volatile of the two, at 92% annualised against SOLID's 45%.

Correlation: 0.30
Size ratio: 1 : 538.3
Ahead over 30 days: SOLID

Solana IDSOLID

$9.247e-5

24h: +2.25%
Market cap: $67,890
Volume 24h: $82
Volatility (ann.): 45%

BNB Attestation ServiceBAS

$0.014623

24h: -3.07%
Market cap: $36.55M
Volume 24h: $858,434
Volatility (ann.): 92%

SOLID 0.2%Share of the two combined market caps99.8% BAS

Performance

SOLIDBAS

7 days-2.11%-10.62%SOLID
30 days-19.12%-36.11%SOLID

Correlation

0.30over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	SOLID	BAS
Max drawdown (400d)	-28.4%	-47.0%
Risk-adjusted return (90d)	-0.61	-0.46

Relative strength over 90 days: SOLID outperformed BAS by 19.7% — measured on the SOLID/BAS ratio, so it holds regardless of market direction.

Solana ID →BNB Attestation Service →