What is the correlation between Solana and NEAR?

Solana and NEAR correlation is measured using Pearson correlation coefficients on daily closing prices. A value of +1 means perfect co-movement, -1 means perfect inverse movement, and 0 means no linear relationship. This page shows rolling windows so you can see how the Solana-NEAR correlation has shifted over time.

Which rolling windows are available for Solana vs NEAR?

Rolling correlation is available over 30-day, 90-day, 1-year, and 3-year windows. Shorter windows highlight recent regime changes and news-driven decoupling between Solana and NEAR, while longer windows reveal the structural relationship between the two assets.

How should I interpret a Solana-NEAR correlation value?

Readings close to +1 mean Solana and NEAR tend to rally and sell off together, offering little diversification. Readings near 0 indicate the two trade largely independently. Negative readings mean they move in opposite directions, which can improve portfolio diversification when held together.

Does holding both Solana and NEAR provide diversification?

Diversification benefit is inversely proportional to correlation. When Solana and NEAR correlate near +1 they behave as a single position under stress; when correlation drops below +0.5 they provide meaningful risk reduction. Check the rolling chart above to see whether the Solana-NEAR pair currently offers diversification or moves together.

How is the Solana-NEAR correlation calculated?

Correlation is computed as the Pearson correlation coefficient of daily log returns over the selected rolling window. Prices are aligned on matching trading days, and pairs with insufficient overlapping observations are returned as unavailable rather than forced into a low-confidence value.

How often is the correlation value updated?

The correlation price pipeline runs on a scheduled daily cron. The "as of" date in the header reflects the latest trading day included in the calculation.

Can correlation between Solana and NEAR regime-shift?

Yes — crypto correlations compress sharply during macro risk-off events (everything correlates to 1) and decompress in steady-state bull markets. Major unlocks, protocol events, and ETF flows can temporarily break historical correlation patterns between Solana and NEAR, which is why 30D and 1Y windows can disagree.

Solana vs NEAR Correlation

Track the rolling correlation between Solana and NEAR across 30D, 90D, 1Y, and 3Y windows. A correlation of +1 means Solana and NEAR move in perfect lockstep, 0 means they trade independently, and -1 means they move in exact opposite directions. Short windows highlight regime shifts around macro events and news, while longer windows reveal the structural relationship between the two assets. Use the matrix and rolling chart below to study how the Solana-NEAR correlation has evolved and whether holding both still adds meaningful diversification today.