Ether, Solana, and Dogecoin experienced declines as Strategy, the largest corporate holder of Bitcoin, announced plans to potentially sell over a billion dollars of the cryptocurrency. This move marks a significant shift from founder Michael Saylor's previous stance against selling Bitcoin. The announcement has added pressure to an already subdued market, with on-chain demand remaining soft. According to Glassnode data, the number of active addresses, a measure of user transactions, remained around 618,000, indicating stable but not increasing activity. The value of coins moving across the network was approximately $4.2 billion, slightly above the lower end of its range. Total transaction fees continued to contract, suggesting limited competition for block space. The market remains influenced by a strong dollar and a lack of new demand, with potential impacts from global currency movements also being closely watched.