In recent days, the Coin Days Destroyed (CDD) index in the TON blockchain has seen a downward trend. This metric measures the amount of time coins have been idle before being spent or moved.
A high index signals the movement of old coins, and a low one indicates that long-term holders are not moving their coins.
The reduction of CDD can be interpreted in different ways. This may indicate the stability of the network, with less activity in the movement of long-term coins. This may indicate growing confidence among TON owners.
On the other hand, a significant decline in CDD could cause some investors to worry. This may indicate a decrease in economic activity in the network, with fewer transactions.
A decrease in Coin Days Destroyed can have consequences for the overall health of TON. If the downward trend continues, further investigation into the reasons for this decline may be necessary.