# On-Chain Related Articles

HTX News Center provides the latest articles and in-depth analysis on "On-Chain", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

AVAX’s rally odds – Here’s why traders should look out for liquidity

Despite a quiet broader market, the Avalanche (AVAX) ecosystem has demonstrated significant on-chain strength. It recorded $135 million in monthly net inflows, ranking fourth for both weekly and daily inflows. Most notably, active addresses surged over 242% since early January, surpassing 1.6 million, indicating deep network engagement even as the price fell. Technically, AVAX found support between $8.85–$11.86, with the RSI deeply oversold and the MACD showing a bullish crossover, suggesting a potential local bottom. However, a true price reversal requires a confirmed increase in trading volume. A key factor is the concentration of upside liquidation liquidity between $10–$12, which could be a target for market makers and a potential catalyst for increased volatility. The data presents a tension between strong underlying adoption and bearish price action, setting the stage for a possible move driven by liquidity dynamics.

ambcrypto02/11 03:06

AVAX’s rally odds – Here’s why traders should look out for liquidity

ambcrypto02/11 03:06

‘Cry me a river’: X creator prize winner responds to Bubblemaps memecoin allegations

A public dispute erupted on crypto Twitter after analytics firm Bubblemaps alleged that wallets linked to creator Beaver (@beaverd) were involved in repeated memecoin pump-and-dump schemes, primarily via Pump.fun. According to the on-chain analysis, these wallets launched tokens—such as $SIAS, which briefly reached a $6 million market cap—and sold shortly after, leaving them near worthless, with estimated profits around $600,000. Bubblemaps claimed the activity indicated insider positioning, even without public promotion. Shortly after winning a $1 million X Creators competition, @beaverd responded dismissively with “cry me a river,” not disputing the allegations. The reaction sparked backlash, raising broader concerns about creator accountability and ethical issues within memecoin culture, where insiders often profit at the expense of retail participants.

ambcrypto02/10 15:55

‘Cry me a river’: X creator prize winner responds to Bubblemaps memecoin allegations

ambcrypto02/10 15:55

Why is ZRO’s price up today? A breakout, a ‘threat’ and more…

LayerZero (ZRO) has surged 14.47% in the past 24 hours, driven by a bullish technical structure. After a rally from $1.20 to $2.39 in January, ZRO retested and held the key $1.46 Fibonacci support level, confirming a bullish reversal. The On-Balance Volume (OBV) showed increased pressure, and the MACD indicated a potential bullish crossover. Key resistance levels are now at $2.39 and $2.67. However, on-chain metrics suggest caution. Exchange net inflows have been positive, indicating potential profit-taking. The declining mean coin age and spikes in dormant circulation further suggest distribution. The 180-day MVRV ratio shows a 6% profit for recent buyers, which may incentivize selling. While the technical outlook remains strong, profit-taking pressure could delay or derail a rally toward $2.69.

ambcrypto02/10 14:02

Why is ZRO’s price up today? A breakout, a ‘threat’ and more…

ambcrypto02/10 14:02

XRP Panic Selling? Key On-Chain Metric Flips Bearish to Levels Last Seen in 2022

XRP's Spent Output Profit Ratio (SOPR) has dropped below 1, signaling widespread panic selling and realized losses among holders, reminiscent of bearish conditions in 2022. The token recently traded near $1.44, down over 10% amid heavy liquidations and broader market weakness. Key on-chain indicators, including increased exchange inflows, suggest continued selling pressure. Analysts remain divided on XRP's future: some forecast prices between $5–$15 by year-end, while Ripple’s CTO, David Schwartz, expressed skepticism about near-term targets of $50–$100, emphasizing that adoption and utility are more critical than price speculation.

ccn.com02/10 11:02

XRP Panic Selling? Key On-Chain Metric Flips Bearish to Levels Last Seen in 2022

ccn.com02/10 11:02

Wrapped Real-World Assets (RWA)

Packaged Real-World Assets (RWAs) are a contentious yet pragmatic approach to bringing traditional assets on-chain. Unlike native RWAs, where ownership and transfers are fully on-chain and legally recognized, packaged RWAs use tokens as representations of off-chain assets held by custodians, SPVs, or brokers. This often draws criticism from crypto purists who prioritize trust minimization, as packaged RWAs reintroduce intermediaries and traditional legal frameworks. The core issue lies in ownership: some tokens provide legal ownership, while others only offer price exposure without actual asset ownership. Packaged RWAs are not ideal but serve as a bridge for institutional capital that cannot immediately adopt fully native on-chain systems due to existing legal and operational constraints. Key challenges include proving the existence and uniqueness of underlying assets without double-counting, and ensuring timely updates to reflect real-time market conditions. The solution is not full transparency—which could expose sensitive data—but verifiable constraints: proving critical facts like collateralization and asset backing without disclosing everything. Effective packaged RWAs require three elements: clear legal rights, independent verification (not just issuer-controlled dashboards), and high-frequency updates to ensure accuracy. They are a transitional tool, not the end goal, and must evolve with better validation, privacy-preserving proofs, and real-time attestations to gain trust and utility.

marsbit02/10 10:25

marsbit02/10 10:25

Aave Founder: What is the Secret of the DeFi Lending Market?

Chain-based lending, which began as an experimental concept around 2017, has evolved into a market exceeding $100 billion, primarily driven by stablecoin borrowing backed by crypto-native collateral like Ethereum and Bitcoin. This system enables liquidity release, leveraged strategies, and yield arbitrage. The key advantage of on-chain lending lies not in technological novelty but in its elimination of financial inefficiencies, offering lower costs (around 5% for stablecoins) compared to centralized crypto lenders (7-12%) due to open capital aggregation, transparency, and automation. On-chain lending is structurally due to permissionless markets that excel in capital pooling and risk pricing, fostering competition and innovation without intermediaries. This model reduces operational costs, replacing manual processes with code, and benefits both capital providers and borrowers. However, the current limitation is not a lack of capital but a shortage of diverse, borrowable collateral. The future of on-chain lending depends on integrating real-world economic value with crypto-native assets, moving beyond abstract financial strategies to serve broader adoption. Traditional lending remains expensive due to inefficiencies in loan origination, risk assessment, and servicing, where misaligned incentives and manual processes inflate costs. Decentralized finance can disrupt this by automating end-to-end operations, ensuring transparency, and reducing expenses. When on-chain lending becomes significantly cheaper and more efficient than traditional systems, widespread adoption will follow, empowering borrowers with faster, more accessible capital. Aave exemplifies this shift, positioning itself as a foundational layer for a new financial backend.

marsbit02/10 02:17

Aave Founder: What is the Secret of the DeFi Lending Market?

marsbit02/10 02:17

BTC Market Pulse: Week 07

BTC market conditions remain defensive across all sectors, though some indicators suggest selling pressure may be moderating. Momentum has improved from oversold levels, with the RSI rebounding and spot volumes expanding, though activity remains reactive rather than constructive. Spot CVD is negative, indicating persistent sell-side pressure. While ETF outflows have decreased, positioning is still cautious. Derivatives markets are risk-off, with lower open interest, cooled funding rates, and defensive options positioning. On-chain metrics show stress transitioning toward stabilization, with high transfer volume, negative capital flows, and unrealized losses dominating—conditions typical of a late-stage correction. A sustained recovery is contingent on renewed spot demand to stabilize prices above recent lows.

insights.glassnode02/09 12:42

insights.glassnode02/09 12:42

Ethereum Price Slips Below Whale Cost Basis — More Pain For Bulls?

Ethereum's price experienced a significant downturn in early February, falling over 30% and briefly dropping below $1,850. A critical development occurred as the price slipped below the realized price (average on-chain acquisition cost) of all investor cohorts, including large holders (whales) with over 100k ETH, whose cost basis is approximately $2,074. Historically, this whale cost level has acted as strong resistance in downtrends and reliable support in uptrends. A break below it suggests two potential outcomes: a sharp rebound if reclaimed as support (as seen in 2020 and 2022), or further capitulation toward multi-year lows (as in 2018-2019). Key resistance for any recovery is seen between $2,534–$2,675 (the realized price of smaller holders). If the $2,074 level is not reclaimed within 30-45 days, ETH could decline further to $1,800 or even $1,300–$1,600. At the time of writing, ETH is trading at $2,030, up over 7% in 24 hours.

bitcoinist02/08 11:34

Ethereum Price Slips Below Whale Cost Basis — More Pain For Bulls?

bitcoinist02/08 11:34

From 'Hardcore' to 'Weak': Who is the Real Hardliner When Bitcoin Falls?

An article titled "From 'Solid' to 'Weak': Who is the Real Hardliner When Bitcoin Falls?" analyzes the behavior of prominent crypto figures and institutions during a sharp Bitcoin price decline in February 2026, when BTC dropped from its $120,000 high to briefly under $60,000. The piece rates key players based on their public statements and on-chain actions during the crash. Michael Saylor and his company MicroStrategy are hailed as the "true hardliner" for their "suicidal" buying spree, purchasing billions of dollars worth of BTC at prices between $87,974 and $91,519, despite now holding at a loss. Their rating: "Solid (walking the talk, the one true god)." Binance is praised for its "top-tier" action of converting $1 billion of its SAFU fund into Bitcoin. Veteran trader Peter Brandt is also rated "top-tier" as an "honest bear" for consistently warning of a 50% correction since the market peak and sticking to his technical analysis. Author Robert Kiyosaki is rated "theoretical" for his constant anti-fiat rhetoric but slow action, waiting for extreme prices to buy. Model-based analysts PlanB and Benjamin Cowen are heavily criticized and rated "NPC (for entertainment only)" for their failed predictions and major shifts in narrative. Former "pump king" Arthur Hayes is rated the worst ("Weak") for going silent on Bitcoin after his lofty price predictions, instead discussing macroeconomics without stating his position. The conclusion states that only two types of people are worth following: "madmen" like Saylor who buy relentlessly with public proof, and disciplined traders like Brandt. All other predictions and analyses are deemed mere noise. The final question posed to readers is whom they trust: the influencers who changed their tune or the verifiable on-chain buyers.

marsbit02/06 09:34

From 'Hardcore' to 'Weak': Who is the Real Hardliner When Bitcoin Falls?