小鱼姐姐来咯(@Square-Creator-db3ddf1d6f9ab)'s insights

Running a set of underlying Gas consumption data through the

小鱼姐姐来咯 · 2026-04-24T00:42:00.000Z

Running a set of underlying Gas consumption data through the RPC nodes, these cold hard numbers have ripped apart the illusion of prosperity that @Pixels officials have desperately tried to maintain. Over the past 30 days, the real Gas consumption related to the Ronin chain and its ecosystem has plummeted by 62%, yet the official claim of daily active wallets has only dipped by 40%. On average, the real on-chain interactions per active wallet have decreased by 35%. If you can't grasp the financial logic behind this, it shows you don’t really understand tokenomics. $PIXEL has been fully stripped down to centralized server processing. Now, only infrequent asset withdrawals trigger real on-chain broadcasts. From the macro perspective of the Fisher equation, this is what we call the death of token velocity. When a token's use case is neutered, its velocity crashes, while total supply continues to inflate, it inevitably leads to the endless decline of $PIXEL 's price. #pixel , the core token, is undergoing a fatal downgrade: from a high-frequency consumable hard currency, it has devolved into a low-frequency point system that only exists in databases. When the shrinkage of on-chain interactions tramples daily active users, it indicates that those left are no longer generating any real on-chain value; they are just mechanically waiting to cash out. If the downward trend in Gas consumption cannot be reversed next month, it means the application scenarios are completely hollowed out. Any attempts to mask the underlying shrinkage with updates are merely delaying the inevitable demise. #pixel