
Dynamic and detail-oriented Cryptocurrency Market Analyst || Blockchain Researcher ||
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Plasma lost 70% of stablecoin market cap over the past 30 days The chain also saw a 33% drop in TVL, now sitting at $7B, which is half of its ATH. Meanwhile, XPL has dropped to a $397M market cap - 87% decline from its ATH. š
On-Chain Activity Is Drying Up Across Major L1s On-chain activity across major chains is relatively low. Solana is the biggest loser, dropping from almost 32M active wallets in September 2024 during meme mania to about 1.7M now.
$BTC at the most areas