📈 ATH price and ATH market cap often tell very different stories. Across major altcoins, a comparison between ATH prices and ATH market caps shows a growing disconnect driven by supply expansion. Distance from ATH : Below is the distance from ATH price versus ATH market cap for selected large-cap tokens. • $AVAX: Price ~13× | Market cap ~7× • $APT: Price ~14× | Market cap ~7× • $WLD: Price ~25× | Market cap ~4× • $ENA: Price ~10× | Market cap ~1.6× • $SUI: Price ~4.3× | Market cap ~3× • $SOL: Price ~2.6× | Market cap ~2.2× • $ONDO: Price ~7× | Market cap ~2.5× Prices are far below ATH, while market caps sit much closer. Market cap adjusts as supply increases. Price doesn’t. For prices to return to ATH, demand must absorb a much larger token base than before.