In this post, I used an on-chain metric that works based on the momentum of the total volume on the blockchain network and can provide early signals about future trends. (you can find it below)
As you can see, the total volume of transactions continues to decline and there is no sign of an increase in the volume of the blockchain network
The increase in price, as seen on the historical price chart, is associated with an increase in the total volume of transactions in the network
As you can see, the total volume of transactions continues to decline and there is no sign of an increase in the volume of the blockchain network
The increase in price, as seen on the historical price chart, is associated with an increase in the total volume of transactions in the network
