ESP climbed roughly

↗3.5%

over the past 24 hours while trading activity declined, creating mixed signals for investors navigating the Layer 2 space.

Price holds despite selling pressure

Price gained roughly

↗3.5%

over the past 24 hours even as sellers outnumbered buyers by nearly 2-to-1, while the monthly gain of approximately

↗27%

trails the Layer 2 category average by around

↘16%

over the same period.

Participation weakens across metrics

Nearly twice as many people are selling as buying over the past 24 hours, with the number of active traders dropping roughly

↘39%

over the same window, suggesting weakening participation despite the price uptick.

Volume declines as price stabilizes

Trading volume fell approximately

↘20%

over the past day and around

↘27%

over the past week, though the price is holding near its 24-hour high as activity slows.