BLEND rebounded roughly

↗96%

over the past week following the

, showing typical volatility for a token in its first weeks of trading.

Post-launch price discovery underway

The token declined

↘56.8%

following its late-June airdrop according to the

, with the weekly gains representing typical new-token price discovery as early holders adjust positions.

Trading activity reflects early-stage interest

Trading volume reached approximately $9.2M over the past 24 hours while the token outpaced Smart Contract Platform peers by roughly

↗3.2%

over the past week, with investor interest reflected in funding rates around 0.01%.

Supply dynamics create dilution risk

Only 20% of the total supply is currently circulating, with the remaining 80% yet to enter the market, creating a fully diluted value roughly 5 times the current market cap.

Participation finding its baseline

Daily participation remains light for the token in its first weeks of trading, with volume patterns reflecting the typical limited activity seen in new market entrants finding their audience.