According to a post on the X platform by crypto analyst Darkfost, Long-Term Holders (LTH) are showing early signs of pressure. As the market correction continues, LTH holders are beginning to feel the pressure, according to the SOPR (Spending-to-Profit Ratio). While the annualized SOPR for LTH holders is 1.87, it has fallen below the threshold of 1 to 0.88, the first time this has happened since the end of the bear market in 2023. This indicates that LTH holders are gradually starting to sell at a loss, reflecting increasing market pressure. However, this trend is not yet fully established. The monthly average SOPR remains at 1.09, suggesting that most sales are still profitable over a broader timeframe. Therefore, the market has not yet entered a true capitulation phase for LTH holders. These are just early signs of weakening sentiment, which may fade if the market stabilizes, or intensify if selling pressure persists.

According to Odaily Planet Daily, Leon Waidmann, Head of Research at Lisk, stated in an article published on the X platform that Polygon's daily USDC transaction volume has reached a record high of over 12 million transactions. This figure far surpasses other blockchain networks, whose daily USDC transaction volumes are all below 3 million. Base, Arbitrum, and Ethereum mainnet transaction volumes are also lower than Polygon's.

According to Huoxun Finance on February 17, data from TokenTerminal shows that the total market capitalization of RWA assets (including tokenized funds, tokenized commodities, and tokenized stocks) on the Ethereum blockchain has exceeded $15 billion, representing a year-on-year increase of approximately 200%.

According to a report by Huoxun Finance on February 17th, a new study by TRMLabs shows that Monero's activity remains stable despite major cryptocurrency exchanges delisting it. The research data indicates that transaction usage in 2024 and 2025 will still be higher than levels seen before 2022. TRMLabs' analysis of market trends and the underlying network infrastructure points out that demand has not diminished even after many large exchanges removed or restricted the token due to traceability issues. In 2024, major exchanges, including Binance and Kraken, delisted or phased out Monero for compliance reasons. This year, the Dubai Financial Regulatory Authority banned licensed platforms from listing Monero, Zcash, and other privacy coins at the Dubai International Financial Centre, further increasing the pressure. The research also reveals that Bitcoin remains the preferred currency for ransomware payments in the real world. Ransomware operators often demand Monero, sometimes even offering discounts, but victims still tend to pay with Bitcoin. However, the dark web market appears to be evolving in the opposite direction. Researchers found that among the new markets launched in 2025, 48% only support Monero, a significant increase compared to earlier years.

According to a report by CryptoQuant on the X platform, Odaily Planet Daily, $47.5 billion in stablecoin liquidity is currently concentrated on a single exchange. Binance holds 65% of all stablecoin liquidity across exchanges, while its competitors lag far behind, even as outflows have slowed during the bear market. Funds haven't left the crypto space; they're concentrating.