Ether’s market depth within 0.15% of its price has narrowed to between $13 million and $14 million, challenging the assumption that rising prices automatically attract deeper order books. While ETH remains tradable with most exchanges maintaining over $1 million in depth on each side at this range, the reduced liquidity suggests fewer resting orders are available to absorb everyday trades without impacting price. Solana has experienced a similar contraction in market depth, with liquidity within 2% of its price falling from approximately $28 million per side last year to around $20 million currently. This decline indicates SOL’s reduced capacity to handle larger buying or selling pressure during sharp market movements, even as both assets posted strong quarterly performance.