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On June 20, Ki Young Ju, the founder of CryptoQuant, stated on social media that the previous trend of Bitcoin rotating into altcoin assets, which had driven altcoin seasons, has essentially disappear

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World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 Bitcoin network activity has a dramatic rebound – hits highest sinc

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Bitcoin network activity has a dramatic rebound – hits highest since 2024 even as price struggles

Network activity has broken above trend for the first time since mid-2024, but muted fees and weak prices show the market has yet to reward the surge.

Bitcoin Network Activity Index rose above trend for the first time since mid-2024, reaching its highest level since late 2024.

02The surge matters because daily transactions topped 800,000 at points in 2026, signaling heavier block use despite weaker prices.

03But most growth comes from tiny transfers and data-heavy OP_RETURN activity, while fees and miner revenue remain subdued.

Bitcoin’s blockchain is showing its strongest activity since late 2024, creating a rare split between rising network use and a weakening market price.

CryptoQuant said in a note shared with CryptoSlate that its Bitcoin Network Activity Index has moved above its long-term trend for the first time since mid-2024.

The index has climbed steadily since January and recently reached its highest level since late 2024, leaving it only about 7% below the record reached in September 2024.
The shift began in late March and has held for several weeks, suggesting that the rebound in activity is more than a one-day spike.

Meanwhile, the rise in network activity comes as the Bitcoin price remains under significant selling pressure.

The largest cryptocurrency has fallen about 30% this year to below $65,000, according to CryptoSlate data, extending a slide of more than 50% from its late-2025 record near $126,000 as months of selling pressure and weaker risk appetite weigh on the market.




Bitcoin network activity has a dramatic rebound –

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token drops 5% as 3 former execs resign from Sonic Labs boardBTC Prophet: 20-Day 380 Million HTX ChallengeTradFi Trading Strategies Sharing Challenge2026 World Cup Posting Challenge on HTX Square The 

token drops 5% as 3 former execs resign from Sonic Labs board

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The S token, the native utility asset behind the Sonic blockchain, fell 5% on Friday after Sonic Labs, formerly known as the Fantom Foundation, announced the resignation of three former executives from its board.

The S token fell to 0.031 on Friday, down 5% over 24 hours. The resignations include Michael Kong, a former CEO of the Fantom Foundation and director at Sonic Labs; David Richardson, who served as executive chairman of Sonic Labs; and Andre Cronje, who previously served as its chief technology officer.



token drops 5% as 3 former execs resign from Sonic

Rockstar Games Confirms GTA 6 Pre-Orders Date and Themed Meme Coins ExplodeHTXCommunity4thAnniversaryBTC Prophet: 20-Day 380 Million HTX Challenge2026 World Cup Posting Challenge on HTX Square Rocksta

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Rockstar Games confirmed that GTA VI pre-orders will officially begin on June 25 across all platforms.
GTA 6 and Rockstar-themed meme coins skyrocketed shortly after the official announcement reached markets.
Despite the hype, Rockstar Games has not released any official tokens tied to the GTA VI launch.

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