Dormancy following the same path
An evaluation of on-chain data showed that more dormant addresses also followed the same path. According to Santiment, the 180-daywas 86.04 million. These reactivations have come on the back of Ankr Protocol’s collaboration with Microsoft on 21 February. The outcome of the ANKR surge last week still seemed to be obvious in the portfolio for the token holders.price uptickThe metric compares the realized and market capitalization while revealing unrealized profit and loss and an asset’s possible valuation.Source: Santiment
During the period that the project announced its Microsoft and zkSync partnership, investors’ optimism was at its peak. However, the enthusiasm seems to have declined. At the time of writing, the ANKR weighted sentiment which was 7.013 on 21 February had incredibly decreased to -0.25.from the previous week. At press time, the seven-day circulation was up to 1.48 billion.
This implied that the number of unique ANKR tokens transacted on exchanges and out of exchanges had significantly improved within the aforementioned period.