Quantum Portal Explorer Launch

🚀 #Gateio ⬆️ Price Increase 1h $VATRENI ▴25% $BCP ▴23% $CLOT ▴14% $MIR ▴12% $NEVER ▴11% ⬆️ Volume Surge 1h $KBOX ▴222% $BLZ ▴183% $CHO ▴139% $FRM ▴133% 👉

> Discuss the investor activities in on-chain and off-chain markets, and analyze the changes in this cycle through network indicators. Written by: UkuriaOC, CryptoVizArt, Glassnode Compiled by: AididiaoJP, Foresight News Abstract The number of on-chain transactions has decreased, but the settlement volume has increased, indicating a rise in usage by large entities. While the number of transactions has declined, the average transaction size has significantly increased, suggesting that institutions or high-net-worth participants are taking a dominant role in on-chain activities. Although the trading price of Bitcoin is close to historical highs, on-chain fees remain subdued, and the demand for block space is still very low. This marks a significant difference from previous cycles. In past cycles, price increases were usually accompanied by congestion and a surge in fees due to increased network usage. The more trading activities,

Special cycle & sluggish market🪔 Yesterday, glassnode officially released their weekly report, and I saw a rather interesting data point: FRM. The full name of FRM is Fee Ratio Multiple, and the calculation formula is as follows: 📝 FRM = Total miner revenue (block rewards + transaction fees) / transaction fees The logic is simple: If the market is active and on-chain activities increase, transaction costs will rise significantly, leading to a decrease in FRM. The above image is taken from the content of Glassnode Week On-Chain 2025 Week 24. You can see: 1️⃣ Green Area: Bull market uptrend period, on-chain activity increases significantly, FRM is at a low level. 2️⃣ Bear Market Period: On-chain activity is sluggish, causing FRM to remain at high levels. The red area marked on the right side of the image (now), FRM is obviously at a high position, The current on-chain trading market is in a relatively quiet state; There seems to be some divergence between price performance, conditions, and the past. If you insist on carving the bearish angle, whenever the FRM rises sharply to a high level, The market has experienced a wave of significant downward trends. What's more, at the second top in 2021, it seems that there has been a similar situation as now ... 👀 That's it, just take a look at the perspective of the刻舟, after all, it is said to be刻舟. is not very suitable to be used directly as the basis for trading decisions. I wonder what everyone's thoughts are? Friendly exchanges & discussions are welcome 🫡

Instant 3x up frm my calls $BALD You can search for related content on this platform. Leave a message in the comment section #Solana #memecoin

GM fams! $AEG sitting in accumulation zone again. $PSTAKE $CHIRP $GIZA $RIZ $FRM $NAKA $CREO $PZP $READY $ZND