Transaction Volumes Rise After Geopolitical Tensions Ease
Bitcoin activity jumped after the new Iran deal took effect. More than 800,000 transactions now happen each day. That is double the amount seen at last year’s lowest point.
Now things move faster than they did when stuck in slow, narrow trading patterns before. When big world events settled down, movement on the digital record picked up again – pushed forward by calmer economic currents.
CryptoQuant Index Triggers Structural Bull Phase
With growth in volume comes a notable change in how fast data moves across the chain. The network activity metric tracked by CryptoQuant stood around 3,320 – now it sits close to 3,600. This rise reflects deeper shifts beneath surface-level trends. The figure, central to assessing live network behavior, shows movement beyond prior stability.
Crucially, this momentum has driven the network activity index above its 365-day moving average (DMA) for the first time since December 2024.
Over time, a lasting move above the 365-day moving average often points ahead to shifts in cycle phases. Not unlike past instances, comparable framework-like movements came before extended periods of rising investment flows and steep valuation gains seen throughout 2024 and 2025 upswings. Accordingly, CryptoQuant now labels present blockchain activity as entry into what they define as a “bull phase,” suggesting supply-side selling pressure may have diminished.
Spot Price Contraction vs. Fundamental Divergence
Even with strong gains in base network usage, immediate trading arenas still show brief price shifts. When examined, Bitcoin (BTC) stood near $62,500, reflecting a slight drop of 2.5% within one day.
Despite falling spot values, core network activity keeps growing – a pattern often seen near the end of accumulation phases. With geopolitical tensions easing and on-chain indicators showing historic lows while protocol usage climbs, larger players may see reduced sensitivity to short-term drops. Whether investment flow sustains depends heavily on shifts in both derivative and spot market depth by week’s end.
