ARKM rose roughly

↗34%

over the past week as the

Tracer v2 cross-chain tracking tool

launched on September 22.

Price rises while trading slows

Trading activity declined roughly

↘32%

over the past 24 hours while blockchain data showed approximately $190,000 moving out of exchanges over the same period, suggesting investors are holding rather than selling. Activity in leveraged positions declined roughly

↘4%

over the past 4 hours.

Outpacing similar assets

The asset outpaced similar governance tokens by roughly

↗20%

over the past week, showing relative strength in its category. Borrowing costs for leveraged positions stood at around 6% annually as of the latest snapshot.

Long-term decline continues

Despite the recent monthly gain of roughly

↗24%

, the asset remains approximately

↘76%

below its level from a year ago.

Future token releases ahead

With only about 23% of total tokens currently available, the full supply is 4.4 times larger than what's trading today, meaning more tokens will enter the market over time.