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Measuring Blockchain Adoption, Utility, and Health with On-Chain Transaction Volume

Altszn.com by Altszn.com
November 22, 2023
in Blockchain, Crypto, DeFi, Web3
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Measuring Blockchain Adoption, Utility, and Health with On-Chain Transaction Volume
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Conversely, during bearish periods, trading volumes start to dwindle, with bursts of activity around periods of deleveraging. Uncertainty, negative news, regulatory crackdowns, or market corrections often lead to a decline in trading. Investors might adopt a wait-and-see approach, leading to decreased transaction volumes, and they might move their assets to cold storage or stablecoins, reducing the overall trading activity on exchanges.



Read More: www.coindesk.com

Tags: AdoptionBlockchainDeFihealthMeasuringOnChaintransactionutilityVolume
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