CryptoOnchain
๐ Fantom Network Activity Decline
Daily transaction count on the Fantom blockchain has dropped to its lowest level since April 2021, reflecting weakening real demand and limited on-chain activity compared to the booming 2021โ2022 cycle. At the same time, daily active addresses have stabilized around 20Kโ40K, suggesting reduced user inflows. Meanwhile, FTMโs price is fluctuating near 0.3โ0.5, more than 90% below its all-time high of $3.2. Whatโs notable is that despite the recent recovery in the broader crypto market, FTM remains depressed, indicating that network-specific demand is not picking up. These metrics imply that Fantom may require fundamental catalysts (e.g., upgrades or partnerships) or a broader crypto momentum shift to regain strength.