š Crypto activity just had its biggest cool off in months. Chain revenues fell to $200M in November, with BSC taking the heaviest hit after a surge in October.
App revenues told the same story. PancakeSwap went from one of the top earners in the entire industry to a fraction of its October run rate.
Such revenue troughs historically precede bull market recoveries, with similar 70%+ drops in 2021 leading to 2-3x price gains within six months across major chains like š°#Ethereumā and šŖ#SOLANA.
š„ JUST IN: Fidelity says #Bitcoinās bull market, fueled by record #ETF inflows and rising institutional adoption, is set to redefine its role in modern #investment portfolios.