Layer-2 volume quietly grew while majors bled.
Mantle reported its DEX volume rose 34% to $99M in October (Gate News), even as $ETH slid to a two-month low last week.
Meanwhile the Fed held at 3.75%-4.00% with two officials favoring a hike (KuCoin daily report), which keeps risk appetite cautious.
My take: ecosystem activity can hold up when headline prices are weak, but one month of volume is not a trend. Not financial advice.
Which matters more to you right now: on-chain activity growth or ETF flows? Why?
#Layer2 #Mantle #Ethereum $MNT $ETH
Mantle reported its DEX volume rose 34% to $99M in October (Gate News), even as $ETH slid to a two-month low last week.
Meanwhile the Fed held at 3.75%-4.00% with two officials favoring a hike (KuCoin daily report), which keeps risk appetite cautious.
My take: ecosystem activity can hold up when headline prices are weak, but one month of volume is not a trend. Not financial advice.
Which matters more to you right now: on-chain activity growth or ETF flows? Why?
#Layer2 #Mantle #Ethereum $MNT $ETH