SD's
↗15.38%
weekly climb faces a test as trading activity cooled over the past day following the
MaticX contract upgrade announcement.
Mixed signals across timeframes
Market value grew roughly
↗14.10%
over the past week while the buyer-seller ratio sat at 0.71 over the past day, with more sellers than buyers in recent trading.
Trading activity cooling down
The number of people trading dropped
↘23.4%
over the past 24 hours with roughly 1.40 times more sellers than buyers during that period.
MaticX upgrade reshaping protocol
The MaticX contract upgrade
finalizes exchange rates and opens a multi-year redemption window for users, reshaping the protocol's structure.
Moving differently than peers
The broader DeFi category rose roughly
↗1.14%
over the past day while SD moved
↘3.10%
over the same period, taking a different path than sector peers.