ALCX outpaced DeFi peers by roughly
↗8%
over the past week following its
inclusion on a low-cap crypto watchlist, while trading activity declined roughly
↘47%
over the same period.
Price holds steady despite lower activity
The asset maintained relative strength against its category even as buyer interest weakened, with approximately 2 sellers for every buyer as of the latest daily snapshot.
Trading activity normalizing
Trading volume declined roughly
↘47%
over the past week while the buyer-to-seller ratio stood at approximately 0.46 as of the latest daily snapshot.
Platform deposits exceed market value
The protocol holds approximately $38M in locked value, which is roughly 6.7 times its market valuation as of the latest available data.
Exchange flows show selling pressure
Blockchain data showed approximately $0.04M moving to exchanges over the past day with minimal outflows, while holders sold at a loss as of the September 13 snapshot.