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📈 $TRX #IntoTheBlock : The number of daily active #TRON addresses has been growing for the past month, increasing by 55% from ~1.3 million to over 2 million!

📈 $TRX  #IntoTheBlock  : The number of daily active #TRON   addresses has been growing for the past month, increasing by 55% from ~1.3 million to over 2 million!

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🌐 Evolution of the $BTC blockchain through the development of new L1 and L2 protocols

⛏📈 Contrary to history and expectations, after halving, the difficulty of $BTC mining rose to a record high

🧐 $BTC #IntoTheBlock : Observe The Trend: ▪️ Long-term Bitcoin holders typically begin to sell off their holdings at the onset of a bull market and continue this trend through and beyond the cycle's peak. ▪️ Data indicates that these seasoned holders initiated their sales in January and accelerated in late March. ▪️ While this trend may initially seem alarming, it's a natural part of Bitcoin’s historical market cycles. Importantly, there is plenty of time remaining when compared to previous cycles.

📊 #CryptoQuant : $BTC price on a pause as demand has continued to slowdown. Part of this due to ETF inflows basically stoping. Liquid inventory (in terms of months of demand) has increased from 15 in late March to 24 currently. We need demand growth to accelerate again for price to rally.

🤔 #IntoTheBlock : #MVRV , or Market Value to Realized Value, compares an asset's purchase value to its total market capitalization. The MVRV indicator for Pendle, a protocol facilitating the tokenization and trading of future yields, has spiked to 4.26. Additionally, the coin has experienced a 53% increase in the last 30 days. Historically, an MVRV above 3 suggests a selling point. Whether this trend holds true for $PENDLE remains to be seen, only time will tell.

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