How Does SLX Price Volatility Compare to Bitcoin in 2025?

This article examines the volatility of SLX compared to Bitcoin, highlighting SLX's intraday fluctuations and elevated volatility relative to its historical average. It discusses SLX's liquidity and trading volume, providing insights into its market behavior and potential strategic trading opportunities. The piece analyzes SLX's beta coefficient, indicating heightened sensitivity to market changes, and explores correlation dynamics with major cryptocurrencies, emphasizing diversification benefits. Intended for traders and investors, the article structures its content into sections on market performance, risk assessment, and correlation analysis, employing clear, concise language to facilitate rapid comprehension.

SLX price fluctuates between $75.81 and $77.26 intraday with 1.91% volatility

Recent market data for SLX shows notable intraday price movement, with the cryptocurrency trading within a defined range of $75.81 to $77.26 as of November 1, 2025. This price corridor represents a volatility measurement of 1.91%, indicating moderate price fluctuation within daily trading sessions. The current trading pattern reflects investor sentiment and market conditions specific to this digital asset.

When comparing SLX's current market performance with its fundamental metrics, several key factors emerge:

Metric Current Value Context
Intraday Range $75.81-$77.26 Shows 1.91% daily volatility
Market Cap $19.04M Based on circulating supply of 1.73B tokens
24h Volume $125.89M 193.41% increase in trading volume
7-Day Change +7.66% Positive weekly momentum
30-Day Change +31.23% Strong monthly growth trajectory

The significant trading volume exceeding the market capitalization suggests high liquidity and active trader participation. This volume-to-market cap ratio often indicates speculative interest rather than long-term investment positioning. SLX's positive momentum across weekly and monthly timeframes provides evidence of sustained bullish sentiment, despite the intraday price fluctuations. Traders actively monitoring this range may identify potential support and resistance levels for strategic entry and exit points.

SLX exhibits higher volatility at 8.91% compared to its historical average

The latest market data reveals that SLIMEX (SLX) currently exhibits a volatility of 8.91% in 2025, which stands noticeably higher than its historical average. This elevated volatility aligns with broader market trends observed throughout 2025, where increased turbulence has affected numerous digital assets across trading platforms.

When examining the volatility patterns, the following comparison emerges:

Period SLX Volatility Market Context
Current (2025) 8.91% Above historical average
Historical Average Lower baseline Relatively stable
Q3 2025 High fluctuation 31.22% 30-day change
24-hour period 11.97% change $125.89M trading volume

Financial analysts tracking SLX performance note that this heightened volatility coincides with significant market events in 2025. The token's recent price action shows dramatic swings, with a one-hour change of -6.33% contrasting sharply against a 24-hour gain of 11.97%, illustrating the rapid price movements characteristic of high volatility periods.

Historical market data suggests that periods of elevated volatility often precede potential recovery phases. With SLX demonstrating a 31.22% gain over the 30-day period despite the heightened volatility, investors may interpret these signals as indicators of growing market interest in the token's ecosystem and potential long-term stabilization following the current turbulent phase.

SLX's beta of 2.37 indicates greater price swings than the overall market

When examining the 2025 SLX ETF's risk profile, the beta coefficient of 2.37 serves as a critical volatility indicator that investors should carefully consider. This metric reveals that SLX is expected to experience price movements that are 2.37 times more pronounced than the broader market benchmark. Such amplified price action translates to significantly greater potential for both outsized gains during market upswings and steeper losses during downturns.

The real-world implications of this elevated beta become apparent when comparing market performance scenarios:

Market Movement S&P 500 (%) SLX Expected Movement (%)
+1% Upswing +1.0% +2.37%
-1% Correction -1.0% -2.37%
+5% Rally +5.0% +11.85%
-5% Selloff -5.0% -11.85%

This volatility characteristic is evidenced in SLX's recent performance, with the fund seeing significant daily fluctuations. For instance, on October 27, 2025, SLX gained 1.50%, moving from $77.75 to $78.92 in a single trading session. The fund's technical indicators currently show buy signals from both short and long-term moving averages, suggesting potential continuation of price momentum despite the inherent volatility. Investors approaching this ETF must therefore calibrate their risk tolerance accordingly, as SLX's pronounced price swings demand strategic position sizing and careful portfolio integration.

Correlation analysis between SLX and major cryptocurrencies like Bitcoin

The correlation dynamics between SLX token and major cryptocurrencies reveal important insights for portfolio diversification. In 2025, SLX demonstrates a moderate correlation pattern with the cryptocurrency market's leading assets, creating interesting investment opportunities.

When examining the relationship between SLX and major cryptocurrencies, the data shows nuanced patterns:

Cryptocurrency Correlation with SLX (2025) Price Projection 2025
Bitcoin (BTC) Weak to moderate $110,510
Ethereum (ETH) Moderate $10,000
BNB Moderate $1,142
Solana (SOL) Moderate to strong $204-260
XRP Weak $3-5

The historical rolling correlation between SLX and Bitcoin during 2023-2025 has fluctuated without exhibiting a strong trend, indicating SLX often moves independently of Bitcoin's price action. This characteristic makes SLX particularly valuable for investors seeking diversification benefits within cryptocurrency portfolios.

The data suggests that XRP and Solana provide the best diversification opportunities when paired with SLX. As of November 2025, SLX is trading between $0.007625 and $0.01085, while maintaining its unique market behavior against the backdrop of Bitcoin's surge toward $110,510. Traders utilizing real-time correlation analysis tools can capitalize on these relationship dynamics to optimize their cryptocurrency allocation strategies.

FAQ

Is there a SpaceX crypto coin?

No official SpaceX crypto coin exists. However, an unofficial SpaceXCoin (SPXC) launched on BNB Smart Chain in 2022.

What is the name of Elon Musk's cryptocurrency coin?

Elon Musk doesn't have his own cryptocurrency. However, he's closely associated with Dogecoin (DOGE), often calling it 'the people's crypto'.

Is mrx coin real?

Yes, MRX coin is real. It's a cryptocurrency with a current price of $0.0000177 and a 24-hour trading volume of $8.33 as of 2025.

What's the hottest crypto coin?

Solana (SOL) is currently the hottest crypto coin, with a market cap of $107 billion and a 6% price increase in the last 24 hours.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.