Emily
Active member
On-chain data provides valuable insights into the health and trends of the cryptocurrency market by tracking transaction volumes, wallet activity, and token flows across various networks. It allows traders to gauge the level of market participation and sentiment, often serving as an early indicator of significant movements. For example, an uptick in wallet activity on a specific chain can hint at a growing interest or upcoming development. Leveraging these signals can help refine strategies and better anticipate shifts in market momentum. Have you ever used on-chain metrics to guide your trading decisions? What signals do you find most helpful?