Global #active addresses

The Toncoin (TON) network has witnessed a sharp decline in active addresses, marking its lowest levels since April. This downturn can be attributed to the underwhelming impact of recent Telegram airdrops, which failed to sustain user engagement and enthusiasm.

Ethereum (ETH) has witnessed a significant surge in active addresses, outpacing other leading blockchains like Solana and Binance Coin.

Dogecoin price has extended its gains on Monday after a successful retest of its support level last week. This upward movement is bolstered by a significant increase in the cryptocurrency’s daily active addresses, reaching its highest point since early April.

As the cryptocurrency market faces heightened selling pressure, Cardano (ADA) is showing signs of a potential correction that could see its price drop by as much as 29% in the coming weeks

Litecoin (LTC) has shown signs of a fading bearish momentum after experiencing a 4% decline over the past three days. As of now, LTC is testing a crucial support level at $67.

The market sentiment surrounding Ethereum (ETH) has taken a bearish turn, primarily driven by recent price volatility and a notable decline in network activity.