CryptoQuant analyst: On-chain transaction volume has increased moderately, and there is no obvious sign of selling pressure in the market

By: odaily.com|2025/07/11 14:46:36
0
Share
copy

Odaily News CryptoQuant analyst Axel posted on the X platform that the average daily transaction volume of the network has increased from 340,000 to 364,000 in the past two days, an increase of about 24,000. However, this level is still lower than the peak of 530,000 to 666,000 in 2023-2024. At present, holders have reacted steadily to the rise, and there has been no obvious selling behavior, which strengthens the bullish signals of the markets fundamentals and technical aspects.

-- Price

--

You may also like

Deconstructing the Public Chain Pharos Capital Game: Is a $950 million valuation supported by assets like photovoltaics just a shell transaction under layers of betting?

When a physical industry company injects physical assets into a Layer 1 project, it can easily create a valuation of 950 million dollars by calculating several times the value of the physical assets. Is this kind of capital game too outrageous? Does the crypto market really need such RWAs?

a16z: AI is making everyone 10x more productive, but the true winner has yet to emerge

Institutional AI and Retail AI "Better Integration" is an Inevitable Trend.

Why did the star Web3 project Across Protocol choose to abandon DAO?

The proposal for Across to privatize itself is a rare move, but it comes at a time when the industry is beginning to recognize that DAOs are a difficult organizational structure to operate.

In fact, ETH scaling is a major benefit for L2

ETH has finally admitted defeat—its Rollup-centric roadmap is unworkable, while the monolithic scaling solutions adopted by blockchains like Solana have proven to be correct.

Memories: 10 Key Contributions of the TON Core Team That Few People Knew in the Early Days

Every line of code, every tool we build, every sleepless night spent maintaining the network—these efforts have laid the foundation for TON's development today.

2025 South Korea CEX Listing Post-Mortem: Investing in New Coins = 70% Loss?

The 2025 South Korean exchange's new token listing performance is structurally similar to Binance's, with no significant differences.

Popular coins

Latest Crypto News

Read more