Glassnode has revealed the cryptocurrencies that have generated the most profit for its investors! Bitcoin and Ethereum are not in the first place! XRP and a surprise altcoin made a move!

Bitcoin and altcoins are going through a difficult period, while the on-chain cryptocurrency analysis platform Glassnode released a striking report regarding cryptocurrencies.

According to this, Glassnode shared insights regarding the profitability of altcoins and highlighted a notable difference.

In a post from its Glassnode X account, it was shared that popular altcoins XRP and Tron (TRX) continue to provide strong unrealized gains for investors, while especially the largest altcoins Ethereum (ETH) and Solana (SOL) have seen a sharp decline in investor profitability this year.

At the top of the list is Tron, and 84.6% of its total supply is still in profit. In second place is XRP, with 81.6% of its total supply in profit.

As a result, 81.6% of the circulating XRP supply and 84.6% of the TRX supply are currently more valuable than what their investors initially paid.

While TRX and XRP lead in profitability, Ethereum and Solana have fallen to lower ranks. ETH and SOL are among the altcoins that have experienced the biggest declines in profitability this year.

Only 44.9% of the ETH supply remains profitable, which means a decrease of 39.9% since the beginning of the year.

The situation of Solana is even worse than that of Ethereum. Currently, only 31.6% of the supply of SOL is in profit, which means a decline of 46.8% since the beginning of the year.

After TRX and XRP, Bitcoin (BTC) ranked in the middle with a profitability rate of 76.8%, followed by Toncoin (TON) with a rate of 76.7%, ONDO with 74.3%, and Dogecoin (DOGE) with 50.8%.

"Despite the recent declines, some altcoins are still keeping the majority of their supply in profit.

Upper bound:

Tron (TRX) : 84.6% of the supply is profitable with a decrease of only -5.6% according to (YTD

XRP: 81.6% of the supply is profitable ) -10.4 points drop (.

…..”

Despite recent drawdowns, some assets still have the majority of their supply in profit.

On the high end:$TRX: 84.6% of supply in profit )down just -5.6pp YTD($XRP: 81.6% )down -10.4pp( pic.twitter.com/8Py0Wj7Bye

— glassnode )@glassnode( April 8, 2025