Signal21 Charts of the Week | May 11, 2024

May 11, 2024
Hello! It’s been an exciting week in the Bitcoin Economy! Charts of the Week Bitcoin recently crossed 1 billion transactions! But Runes activity still lags initial anticipation, not crossing 500,000 daily transactions since April 24th. Explore the Signal21 Bitcoin Layer 1 dashboard . Stacks Snapshot of key Stacks ecosystem tokens: Click to view the live Signal21 Stacks Overview : Stacks Monthly SNAPSHOT Despite a 32% drawdown in market cap leading up to the Nakamoto Release, the number of new accounts on Stacks grew by 8.6% MoM. Read the full Stacks Monthly snapshot report . 📣 New report - Stacks Monthly Snapshot - Number of new accounts on Stacks grew by 8.6% MoM. - Stacks ecosystem had over 122K active accounts in April, breaking its ATH from the prior month. — Signal21 (@signal21btc) May 10, 2024 Arkadiko Monthly SNAPSHOT Demand for leverage declined across markets in April, and Arkadiko was no different, as it saw its key metrics fall Month over Month. Read the full Arkadiko Monthly snapshot report . 📣 NEW: Signal21's April Snapshot for @ArkadikoFinance is out! — Signal21 (@signal21btc) May 7, 2024 Despite industry wide volatility, Arkadiko’s USDA Peg had its best month on record in April, holding above $0.92 — Signal21 (@signal21btc) May 7, 2024 Product Update It’s been a busy week at Signal21. We continue to onboard more and more data enthusiasts, publish new research and launched two new dashboards: LISA & Hermetica! LISA Liquid Stacking Track the LiSTX token and liquid stacking metrics. View the live Signal21 LISA dashboard . 📣 NEW 📣 LISA Liquid Stacking dashboard now live on Signal21! @LisaLab_BTC… — Signal21 (@signal21btc) May 9, 2024 Hermetica Track stSTXearn and Hermetica’s yield products. View the live Signal21 Hermetica dashboard . Thank you to everyone for sharing those charts, and being part of the Signal21 Community! Sincerely, Jonathan Sadlowe Co-founder & CEO at Signal21 Powered by beehiiv

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