BNB Chain Metrics Show Strong Performance As BNB Price Retests ‘Do Or Die’ Level
BNB Chain has shown strong performance over the last week, with the ecosystem holding key metrics despite the recent market downturn and BNB’s price correction toward a major support level. Related Reading: Crypto Market Crash ‘Worse Than Expected’ But Bottom Might Be Near, Says Tom Lee BNB Chain Key Metrics Hold Strong On Monday, BNB Chain shared its weekly ecosystem snapshot, revealing solid network performance and sustained growth on multiple key metrics from January 22 to January 28, 2026. According to the report, BNB Chain saw over 4.9 million average Daily Active Users (DAU) during....
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Ethereum has undergone a strong bounce since the lows seen in September. As of this article’s writing, the coin trades for $372, around 20% above those lows. The cryptocurrency is about the set a weekly close above the $365-370 resistance. Despite this strong bounce in the price of Ethereum, on-chain metrics show that the blockchain is currently weakening. Fortunately, the leading cryptocurrency has positive fundamental and technical trends that may result in growth in the […]
Bearish pressure still lingers within the crypto sector following recent unfavorable macroeconomic conditions, and Bitcoin has fallen sharply, with its price now hovering near the $104,000 level. The bearish tension may be growing, but key on-chain metrics show that the current bull market phase is likely to continue. Bullish Outlook For Bitcoin Endures Bitcoin’s strong […]
The Chainlink price has had its fair share of the early-2025 struggles, falling to a new low just above the $12 level earlier this week. The altcoin has had to contend with the widespread bearish pressure and worsening investor sentiment in the general crypto market. Chainlink Price Overview On Tuesday, March 11, the Chainlink price succumbed to the market-wide downward pressure that saw the largest cryptocurrency Bitcoin hit $77,000 for the first time in over four months. Other large-cap assets also suffered in this recent market downturn, with the price of Ethereum also dropping beneath....
An analyst has pointed out how a sort of supply “air gap” exists for Solana below $144, with no major on-chain support levels until much lower. Solana URPD Reveals Supply Chasm Below $144 In a new post on X, analyst Ali Martinez has talked about how Solana support is looking from an on-chain lens. In on-chain analysis, the potential of any price level to act as support or resistance lies in the amount of coins that investors last purchased at it. Related Reading: Bitcoin Crashes To $98,000 As HODLer Selling Accelerates The reasoning behind this is that holders look at their....
Bitcoin remains on an upward trend after breaking through $40,000 once again. However, this upward trend has not translated onto on-chain metrics. While the price of the digital asset continues to sit in the green, on-chain metrics have plummeted paining an entirely different picture in relation to price. From miner revenues to transaction fees, the […]