S declined roughly

↘6%

over the past week following

recent price swings

while buyers outnumbered sellers 1.33-to-1 over the past 24 hours.

Price and volume decline together

The price dropped roughly

↘4%

over the past 24 hours while trading activity fell roughly

↘22%

over the same period, showing reduced market participation.

Buyers remain active despite pullback

Despite the selling pressure over the past week

, buyers still outnumber sellers and the asset is trading near its 24-hour low at roughly 17% of its daily range.

Moving sideways while Layer 1 peers advance

S moved roughly

↘3%

over the past week as the broader Layer 1 blockchain category declined roughly

↘3%

over the same period.

Volatility continues for newer asset

The asset experienced gains earlier in the week

before the pullback over the past week, reflecting typical price discovery movements for newer assets.