Goldman Sachs logo
Goldman Sachs

July 3, 2026

Crypto Monthly On-Chain And Market Data

Monthly UpdateCryptoOther

June 2026 saw significant market capitulation for digital assets, with BTC, ETH, and SOL all recording monthly price declines amid heavy ETF outflows. The report details structural changes within the Ethereum ecosystem and market behavior metrics for major crypto-assets.

Key Takeaways

  • 1.BTC and ETH experienced significant price drawdowns in June 2026, with BTC breaching the $60,000 support level amid record-breaking spot ETF redemptions.
  • 2.The Ethereum Foundation initiated a structural reorganization, reducing its budget by 40% and shifting toward a long-term, endowment-style model.
  • 3.Solana showed relative resilience compared to BTC and ETH, though it also faced a -10.6% MoM spot price decline.

Table of Contents

  • Bitcoin
  • Market Data
  • Network Activity
  • Miner Economics
  • Ethereum
  • Market Data
  • Network Activity
  • Staking Economics
  • Solana
  • Market Data
  • Network Activity
  • Staking Economics

Document Preview

Page 1 of 5
Page 1 of Crypto Monthly On-Chain And Market Data
Subscribe for full access

Access the Full Report

Get unlimited access to institutional research reports with a 14-day free trial.

Authors

Dominika NestarcovaWon Gi Hong

Securities

BTCETHSOLSTRC

Themes

Ethereum Protocol Governance ReformInstitutional ETF OutflowsRegulatory Uncertainty

Regions

GlobalUnited States