2026-01-02 03:24:35

Is this narrative just hype or is it genuine? Around this question, there are always two camps in the market. One side believes that the current popular narrative is overhyped and lacks substantial support; the other insists that it is a real trend worth paying attention to. The key issue is: data speaks. By looking at on-chain activity, trading volume, and ecosystem engagement metrics, you can determine whether this is just a castle in the air or backed by real value. Market narratives are often overestimated or underestimated—few can catch the rhythm right away.

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SatoshiSherpa

· 2h ago

On-chain data doesn't lie, but trash talkers do. Look at those projects that boast every day; once you check their on-chain activity, their credibility instantly collapses, haha.

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MoonRocketman

· 2h ago

On-chain data doesn't lie. RSI hitting a new high and trading volume stacking up are signals of the launch window.

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GateUser-7b078580

· 2h ago

Data shows that on-chain activity isn't showing much improvement; the trading volume by the hour... However, this narrative is indeed prone to overestimation. When at historical lows, we should see things clearly. Let's wait a bit longer.

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DefiVeteran