Finotrax

$AB
$AB
Despite the overall weakness dominating the cryptocurrency market, some altcoins have emerged with a striking positive performance, and AB ◀️ was among the strongest.
The native currency of the AB Chain network recorded an increase of nearly 12% within just 24 hours, coinciding with a strong surge in trading volume exceeding 53%, reflecting a clear return of activity and liquidity.
✧🔄 Back to May levels… and an early reversal attempt
After its launch in March, AB entered a downward path that lasted until the end of May.
Later, it reached a price peak in mid-June before returning again to a long corrective wave.
Currently, the currency is trading near the lows recorded in May, where increased demand contributed to a short-term rebound.
Despite this improvement, the average trend still leans relatively in favor of sellers.
During the extended decline since the June peak, profit-taking dominated, and the delta indicator showed a clear selling pressure where sell positions exceeded buy positions by nearly $565,000.
✦📉 Weakness of sellers… and the beginning of buyer movement
Despite sellers dominating for a period, selling momentum has started to weaken.
Momentum indicators showed that selling pressure is no longer as strong as before, which is a sign that often appears as the price approaches important turning areas.
This change reflects a gradual return of buyer interest, but it still needs confirmation from the broader market.
✦🌐 What is the real reason behind AB's rise today?
The main factor behind this rise was the increased on-chain activity and the functional expansion of the network.
USD1 currency has been integrated into the AB Chain ecosystem, in a move aimed at supporting decentralized finance use cases, which led to the influx of new liquidity and increased network efficiency.
At the same time, investor sentiment improved after a long period of stagnation, as the number of holders rose to 30.57 thousand, reflecting gradual growth in demand despite the price remaining near the lows.

✦📊 Change in the supply equation… and reduced selling pressure
Supply dynamics have shown a significant evolution:
• The locked supply ratio decreased to less than 8%
• Equivalent to about 7.46 billion
AB

This decline has reduced the risks of opening large amounts for trading in the near term, which helped ease sudden selling fears.
✦🔮 Summary
✨ AB's rise was not random
✨ The expansion of usage and liquidity played a pivotal role
✨ Demand is improving despite the downward average trend
✨ Reducing locked supply alleviates pressure
Although AB previously recorded rises exceeding 295% from these areas, the confirmation of a full recovery remains contingent on continued demand and support from the overall market.