Solana ID vs GAL (migrated to Gravity - G)

GAL (migrated to Gravity - G) (GAL) is 888.1× the size of Solana ID (SOLID) by market capitalisation. Over the past 30 days, GAL is ahead by 1.1 percentage points (SOLID -19.1% against GAL -18.0%). Their daily returns move barely together (correlation 0.01 across 33 shared trading days). GAL has been the more volatile of the two, at 426% annualised against SOLID's 45%.

Correlation: 0.01
Size ratio: 1 : 888.1
Ahead over 30 days: GAL

Solana IDSOLID

$9.247e-5

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

GAL (migrated to Gravity - G)GAL

$2.5420

24h: -0.08%
Market cap: $60.29M
Volume 24h: $72
Volatility (ann.): 426%

SOLID 0.1%Share of the two combined market caps99.9% GAL

Performance

SOLIDGAL

7 days-2.11%-8.33%SOLID
30 days-19.12%-17.97%GAL

Correlation

0.01over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0190d: 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	GAL
Max drawdown (400d)	-28.4%	-64.9%
Risk-adjusted return (90d)	-0.61	-0.05

Relative strength over 90 days: GAL outperformed SOLID by 13.6% — measured on the SOLID/GAL ratio, so it holds regardless of market direction.

Solana ID →GAL (migrated to Gravity - G) →