POPA ReconSmall caps surged in 2024. Yet raw aggregate market-cap data captured little of the rally.
Small caps surged in 2024. Yet raw aggregate market-cap data captured little of the rally. The reason is structural: when an asset performs well and crosses the $100M threshold, it leaves the small-cap cohort taking its gains with it. The raw series systematically understates small-cap market moves. As assets appreciate, decline, launch, and disappear, aggregate market analysis beyond price is increasingly difficult. We just launched Glassnode Global Metrics: a new suite of aggregate metrics and normalized indices for consistent analysis of market-cap cohorts, sectors, and custom asset bask…
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