Since the ETF inception, the number of active addresses has plunged to levels not seen since June 2021 and has plateaued since then.
Are we witnessing a change in on-chain activity dynamics? According to the power law theory, on-chain adoption is the main driver of price. What happens if ETFs absorb such a considerable part of the network participants? Since the ETF inception, the number of active addresses has plunged to levels not seen since June 2021 and has plateaued since then. Are we witnessing a change in on-chain activity dynamics? According to the power law theory, on-chain adoption is the main driver of price. What happens if ETFs absorb such a considerable part of the network participants? submitted by /u/Rajang7 [link] [comments]
| | Are we witnessing a change in on-chain activity dynamics? According to the power law theory, on-chain adoption is the main driver of price. What happens if ETFs absorb such a considerable part of the network participants? Since the ETF inception, the number of active addresses has plunged to levels not seen since June 2021 and has plateaued since then. Are we witnessing a change in on-chain activity dynamics? According to the power law theory, on-chain adoption is the main driver of price. What happens if ETFs absorb such a considerable part of the network participants? [link] [comments] |
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