Crypto Express

08/10 13:05

BTC : Will rising on-chain participation close

BTC : Will rising on-chain participation close the gap with price?

On-chain activity improved, with new addresses up 25.47% and active addresses up 11.11% in a week. Zero-balance addresses fell 2.69%, at press time, meaning more wallets held BTC.

Such growth expands the user base, deepens liquidity, and strengthens market resilience. If sustained, it could narrow the price-activity gap and fortify long-term price support.

To sum up, Bitcoin’s price momentum remains strong, supported by reduced miner selling, a higher Stock-to-Flow ratio, and growing on-chain participation.

However, network activity still lags behind price, leaving a gap that must close for sustained upside.

 If fundamentals continue strengthening through increased address activity and stable supply dynamics, the rally could maintain its momentum.

Otherwise, the price may need to cool to realign with on-chain performance.

#Post To Earn Bonus#Claim1,200 USDT in the Monthly Creation Challenge#Focus on NFT#Whose “child” is ES — Solana or Ethereum?#Do you think Tanssi is promising?

57Condividi