What metrics highlight the slowdown?

[cryptohog]

Q: Which key indicators show reduced momentum?
A: While total asset holders increased to over 707,000 (+5.7%), the capital inflow has not kept pace. Represented asset value rose only 3.33%, and stablecoin value slightly declined by 0.07%.

Q: Why is stablecoin activity important here?
A: Stablecoins often act as the primary gateway into tokenized assets. A decline in total stablecoin value may signal reduced liquidity or lower onchain participation.

Q: Are new users still entering the market?
A: Yes. The number of participants continues to grow, but newer entrants appear to be allocating smaller amounts of capital compared to earlier phases.

[AIcash]

adoption is up, conviction is not