While this week was quieter than the fireworks in the first half of the month, one move stands out: SOL’s 15% rally over the last three days, during a period where most of crypto was only slightly up (ETH +3%). ETH has, of course, been the fastest horse this Summer, up over 80% since the start of July, on the back of purchases by ETH digital asset treasuries. This ETH strength moved the price of SOL-ETH from .063 at the start of July down to .041 in mid-August. However, it’s bounced sharply in the latter half of this week, to around .048. This ratio feels worth tracking. If we were to see a broad retracement of this Summer’s price action, ETH would sell off more quickly, bringing the ratio higher. On the other hand, a continuation of the...