AAVE (AAVE) has surged 15% since Monday and is maintaining its upward momentum with a 3.5% increase to $133.42 for the third straight day on Wednesday.
Coinglass open interest is rising and is at its highest this year, indicating an influx of new money. Santiment daily active addresses are rising, signaling a bullish move. Investors should be cautious about spikes in the Network Realized Profit/Loss metric.
price gains traction as on-chain data suggests a positive trend Data from CoinGlass shows that the futures' Open Interest in Open Interest chart Santiment's Daily Active Addresses index helps to track network activity over time. A rise in the metric signals greater blockchain usage, while declining addresses point to lower demand for the network. In
's price. long-to-short ratio chart Despite new buying, greater blockchain usage, and increasing bullish sentiment,
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