AI Token SingularityNET (AGIX) has recently observed a rally of 128% as on-chain data shows activity-related metrics have heated up for the coin.
SingularityNET Has Seen Sharp Growth In Volume & Whale Activity
In a new post on X, the on-chain analytics firm Santiment has talked about how SingularityNET has fared in its underlying metrics, with its market cap more than doubling in its latest rally.
In particular, the analytics firm has shared data for four of the AI token’s indicators. The chart below shows their trend over the past month.
The first indicator on the chart is the “Transaction Volume,” which keeps track of the total amount of AGIX (in USD) involved in network transfers every day.
This metric tells us about the amount of activity the users on the blockchain are displaying currently. The graph shows that this metric has climbed as SingularityNET has gone through its rally.
Generally, many traders must continue participating in the market for any rall
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