During the ZEC pump from September to November, Solana ($SOL) underperformed other L1s, dropping 19% while ZEC surged 775%. This suggests that a relatively small rotation of capital (around 6.4% of SOL's market cap) from a large-cap asset like SOL can have a massive impact on smaller-cap assets like ZEC. Investors should be aware of this market cap asymmetry when considering capital rotation plays.