Edited By
Alice Thompson

A drop in price-to-sales ratios of major cryptocurrencies raises eyebrows as investors express mixed sentiments about the future. With reports showing significant declinesβBNB at 4600, SOL at 1800, ETH at 4000, and Hedera skyrocketing to an alarming 14,768.6βconcerns are mounting.
Analysts have pointed out that these low P/S ratios often reflect a lack of demand, echoing parallels with internet stocks during the 1999 bubble. The cryptocurrency market seems to struggle under the weight of these figures, forcing people to reconsider their investments.
The community's reaction has been varied:
Skepticism: "Looks like internet stocks in 1999," one person commented, highlighting fears of a repeat bubble.
Caution: Another individual stated, "I would not worry much about it," suggesting some remain optimistic amidst the chaos.
Frustration: Users have voiced a desire to leave social media, citing posts that trigger negativity and panic.
Interestingly, these discussions reflect a deeper uncertainty in the crypto space, where confidence among investors is wobbly.
"Posts like this really make me want to delete social media," one forum member said, venting frustration at how quickly sentiments shift in the digital realm.
As the market reacts, the low P/S ratios could lead to a slowdown in new investments and a retraction of existing ones. Will this result in more decline, or can the market rebound? Only time will tell.
π» BNB P/S ratio: 4600
π» SOL P/S ratio: 1800
π» ETH P/S ratio: 4000
πΊ Hedera P/S ratio: 14,768.6
π¬ "Looks like internet stocks in 1999" - Popular comment
π A mix of negative and cautious sentiments across user boards
As 2026 progresses, investors will need to keep a keen eye on these ratios and the overall market sentiment. The current trends may ultimately shape the future of cryptocurrency, impacting how people invest going forward.
With the current P/S ratios sinking, there's a strong chance that investment interest could wane further. Analysts suggest approximately a 60% probability that continued declines will prompt investors to pull back even more. If trends hold, expect an influx of caution and slower new investments, with some speculating that this could lead to a market shakeout. Conversely, around a 40% chance remains that savvy investors might consider this an opportune time for entry, potentially stabilizing the market as new capital starts to flow back in. Only with time will we understand how these low ratios shape the broader crypto landscape.
An unexpected parallel can be drawn to the rise and fall of the U.S. housing market before the 2008 financial crisis. Just as todayβs cryptocurrency investors are facing uncertainty due to falling P/S ratios, homebuyers once encountered rapidly declining property values and mounting foreclosures. The market then was colored by high optimism; likewise, todayβs crypto landscape is painted with fluctuating sentiments. Both situations illuminate how even the most promising sectors can experience turbulent turns, often leading to a painful but necessary market correction before genuine growth can resume.