While fear among investors was dominant in the market, a few of the altcoins’ metrics turned bullish, suggesting a possible bull rally.

Solana and Dogecoin’s market caps remained close to each other with only a difference of a few thousand dollars.

Since the last halving, Litecoin’s hashrate has remained stable, and its difficulty reached an all-time high on 2 August.

ADA’s development activity also plummeted last week, along with its price. However, there are chances of a trend reversal. 

Among the top five Polygon dApps over the last 24 hours, three were from the gaming space, showcasing the popularity of games on the blockchain. 

Avalanche is on the cusp of a token unlock, but things seem bleak as its price declined heavily in recent days. However, a few metrics did turn bullish.

The crypto market turned red after SpaceX sold BTC worth millions of dollars. However, BTC was showing signs of recovery.

Polygon zkEVM’s metrics, such as unique addresses and daily transactions, reached new all-time highs five months post its launch.

Shibarium’s launch, though highly anticipated, did not bode well for the Shiba Inu ecosystem, as prices of SHIB, BONE, and LEASH have continued to fall. 

As the memecoin witnessed a substantial price drop, a whale sold its PEPE holdings at a loss.

Token Unlock’s latest tweet highlighted key differences between Polkadot and Cosmos’s approaches related to blockchain interoperability. 

Although Ethereum’s exchange outflow and inflow reached a five-year and seven-year low, other metrics displayed that ETH could witness bearish price action only in the near future.