Global #On-Chain Metrics

As the overall cryptocurrency market grapples with a bearish sentiment, Cardano (ADA) is displaying a contrasting set of bullish on-chain metrics.

Dogecoin (DOGE) is currently at a pivotal price point following a turbulent week that saw a dramatic 22% surge from local lows, followed by a sharp 9% drop to its current price.

Chainlink (LINK), a decentralized oracle network, has seen a resurgence in interest from large holders, known as whales, after a tough week marked by broader market volatility.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has seen a recent price bounce, rising above the $3,450 resistance zone. This upward movement comes after a period of consolidation and sideways trading, giving hope to investors who have been eagerly awaiting a breakout.