Bitcoin's recent surge has captured market attention, raising questions about the peak of this bull cycle. Two key network metrics offer insights.

Firstly, "Bitcoin Active Addresses (7D)" indicates the number of active wallets. Currently, 1 million addresses are active daily, below the past peak of 1.2 million, suggesting on-chain transactions are not yet overheated.

Secondly, "Bitcoin Total Fees (7D)" reflects transaction fees in USD. Historically, peaks saw fees around $25 per transaction, while now they are stable at $1.21. This stability, alongside scalability efforts, suggests potential for further network activity and price growth.