VIRTUAL's new event launch

is energizing the community even as the token consolidates, with traders betting against the move paying elevated costs to maintain their positions.

Foundation showing resilience

Despite consolidation of approximately

↘31.58%

over the past month, VIRTUAL has outpaced Ethereum Ecosystem peers by roughly

↗5%

in the same period, while community sentiment remains strongly positive at 83%. Social engagement generated 892 interactions across 156 posts over the past week, signaling continued interest even as trading volume cooled approximately

↘56%

over the past seven days.

Traders betting against face costs

Traders betting the price will fall are facing elevated costs, with short positions becoming more expensive to maintain. Open interest increased approximately

↗1%

over the past 24 hours, showing active positioning despite the consolidation. This dynamic, combined with balanced buy-sell activity, suggests the consolidation phase may be stabilizing.

Blockchain activity staying steady

Daily blockchain activity shows 143 active addresses with 33 new holders joining, indicating continued network usage during the consolidation phase. Some recent selling at losses suggests a potential base-building pattern often seen before price stabilization.