POND rebounded roughly
↗10.65%
over the past day even as selling pressure persists, creating a mixed picture for the Layer 2 token.
Mixed signals across the board
The token outperformed Layer 2 peers by roughly
↗11.35%
over the past day while the weekly decline of roughly
↘20.76%
continues, and more people sold than bought at a ratio of 1.37 sellers per buyer over the past 24 hours.
Some accumulation happening
Some investors moved coins off exchanges over the past day (a sign of holding rather than selling), and the holder base grew by 128 new participants despite the selling pressure.
Trading activity cooling
The number of active traders dropped roughly
↘23.3%
over the past 24 hours, though trading volume remained higher than the broader market average over the same period.
Investor sentiment cautious
Investors who sold recently did so at a loss on average, and overall sentiment reflects caution, though the holder count continues to expand modestly.