The metric helps investors and users to understand whether a blockchain is going to merely survive, or thrive, says Todd Groth, head of research at CoinDesk Indices.
Optimism transaction volumes surpass Abitrum’s for the first time in six months
Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest,” but has regained it after Worldcoin launched on July 25.
Bitcoin network transactions and fees surge amid investor de-risking
Investors are urgently sending Bitcoin into exchanges in order to either de-risk their portfolio or to protect margin positions with more collateral according to Glassnode’s latest report.
Bitcoin whales jumping ship as exchange inflows reach 3-month high
The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode.
Cardano daily transaction volume surges but ADA prices slump
Charles Hoskinson’s blockchain has again become one of the most active networks by transaction volume as it approaches that of Bitcoin but none of that has helped the price of ADA.
NFT volume has more than tripled — even amid price crash — as Meme.com raises $5M
The NFT sector has seen exponential growth, tripling in transactions since January and pushing through the market crash this month.
Investors’ on-chain activity hints at Bitcoin price cycle top above $166,000
The Bitcoin cycle top would likely come in at price levels above $166,000 per coin if history repeats.
‘Boring’ Bitcoin Market Sends Miners’ Fee Earnings to 3-Month Low
Bitcoin’s transaction activity has cooled amid the recent lull in price action – and that’s hurting miners’ earnings.
New Metric Suggests Imminent Volatility for Bitcoin
The ratio of low exchange volume to high on-chain transaction volume frequently corresponds with increased volatility.