SUI, SOL, and ETH have maintained stable economic density metrics despite experiencing price drawdowns of approximately 80%, 70%, and 60% respectively from last year’s highs. Analysis of stablecoin float, DeFi TVL, and applications shipped per daily user indicates that capital deployment per remaining user remained constant even as overall user counts declined during the market downturn.
This retention of economic density distinguishes these three Layer 1 networks from other major L1s, which lost density alongside price depreciation. The data suggests that while speculative participants exited during the bear market, core users on SUI, SOL, and ETH continued deploying capital at consistent rates, signaling deeper adoption compared to competing chains where usage has not yet taken hold.
SUI, SOL, and ETH Retain Economic Density Despite 60-80% Price Drawdowns
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
