Santiment Names Three Altcoins: “Network Activity Increases While Price Falls, Be Careful!”

Krypto para According to new information provided by analytics company Santiment, traders Bitcoin and as we wait for a potential rebound in the cryptocurrency market, there is a notable change in the onchain data of three altcoins.

According to analysts, Cardano (ADA), Quant (QNT) ve Holo (HOT) Altcoins have shown a sudden spike in address activity in their onchain data. Coins that have seen a decline in price have historically been more likely to experience a spike when they see this kind of increased network activity, according to Santiment.

According to the data, address activity for Cardano has risen to its highest level since last March, while for Quant, interestingly, the same data has not been measured this high since November 2022.

Finally, on the Holo side, similar to Cardano, such high network activity has not been recorded since March.

The data was obtained from the number of daily active addresses performing transactions.

*This is not investment advice.