RLS climbed roughly

↗9.51%

over the past week even as selling pressure remained elevated and DeFi category peers moved higher.

Mixed signals across metrics

Price rose roughly

↗2.37%

over the past day while sellers outnumbered buyers nearly 2-to-1 over the same period, with trading activity concentrated near the 24-hour high.

Selling pressure remains elevated

The ratio of buyers to sellers stood at approximately 0.52 over the past day, meaning nearly twice as many people were selling as buying during that timeframe.

Large supply overhang ahead

Only about 15% of the total token supply is currently available for trading, with the remaining 85% yet to enter circulation, which could impact future pricing.

Recent price movement volatile

The asset traded near its 24-hour high, sitting at roughly 81% of the day's price range, indicating active movement within the session.