POND's trading activity surged roughly
↗60%
over the past 24 hours even as selling pressure persists, creating a mixed picture for the Layer 2 token.
Mixed signals across the board
Price declined roughly
↘3.38%
over the past week while the buyer-seller ratio stood at 0.69 over the past 24 hours, meaning roughly 1.45 times more people are selling than buying.
Selling pressure evident
Blockchain data shows investors realizing losses over recent days, with net money flowing into exchanges over the past 24 hours - a pattern typically associated with selling rather than holding.
Trading interest rising
Despite the pullback, the number of unique traders jumped roughly
↗60%
over the past 24 hours, suggesting renewed interest even amid the consolidation.
Layer 2 sector consolidating
POND is moving with its Layer 2 peers, which declined roughly
↘14.77%
over the past week on average, showing sector-wide consolidation after earlier gains.