The Silence After the Hype: Why Your L1’s TVL is a Ghost Number
Over the past 90 days, the top 20 L1s lost 30% of on-chain activity. Yet thei...
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Fear
Market Sentiment
Team and early investor shares released
Block reward halving event
Circulating supply increases by about 2%
92 million ARB released
Block reward reduced to 3.125 BTC
Independent validator client goes live on mainnet
Raises validator limit and account abstraction
Improves data availability sampling efficiency
Bitcoin Season
| # | Coin | Price |
|---|---|---|
| 1 |
Bitcoin
BTC
|
$65,201.9 |
| 1 |
Ethereum
ETH
|
$1,946.53 |
| 1 |
Solana
SOL
|
$76.59 |
| 1 |
BNB Chain
BNB
|
$573.3 |
| 1 |
XRP Ledger
XRP
|
$1.11 |
| 1 |
Dogecoin
DOGE
|
$0.0727 |
| 1 |
Cardano
ADA
|
$0.1649 |
| 1 |
Avalanche
AVAX
|
$6.7 |
| 1 |
Polkadot
DOT
|
$0.8184 |
| 1 |
Chainlink
LINK
|
$8.76 |