bitcoin:native shares a very classic long-term macro on-chain indicator for Bitcoin: STH-RP to TMMP Ratio The ratio of the realized price to the real market average price for short-term holders This indicator clearly reflects the interplay between short-term market speculation and the fair value of the overall market. Current core data: -BTC current price and short-term costs: Currently, both values ​​are around 77.4K. This means that short-term investors who entered the market in recent months, The overall situation is at the break-even point. -Ratio trend: The current ratio is 0.8998, and the 7-day and 30-day moving averages are showing a fluctuating downward trend. On-chain data is clear. Short-term holders' cost basis is converging towards the true market average. The market as a whole is in a phase of deflating the bubble and clearing out speculative capital. Historically, when this ratio spikes, it usually corresponds to a period of market overheating. When this ratio falls below the 0.75 red line (the historical lows of 2015, 2018, and 2022), it indicates the establishment of an absolute bear market bottom. Currently, this ratio is at a relatively neutral to low level of around 0.9. And the trend is still downward. This indicates that the market's blind optimism has been effectively suppressed. The chips are undergoing a thorough turnover. At the break-even point where short-term holders find it unprofitable and even begin to feel anxious. It is often a crucial window for accumulating strength and choosing a direction. Be patient and watch for further crossovers of the cost line. #Onchaindata# #welinkBTC# bitcoin:native

Onchain finance is going global, and trusted data needs to travel with it. @sedaily_com, one of South Korea’s leading economic publications, featured Allium data in its coverage of Korea’s emerging B2B stablecoin payments landscape, alongside our partners at @tiger_research_. Another step toward making institutional-grade onchain data accessible wherever financial markets are evolving. Read the full piece:

Onchain data, now in @perplexity_ai We’re partnering with Perplexity to bring Allium’s data to Perplexity Computer. Ask questions like: → Where is perps open interest concentrated today? → Which stablecoins saw the largest supply changes this week? → Which companies are issuing tokenized funds onchain, and how fast is that supply growing? Perplexity handles the research. Allium provides the onchain data underneath.

Data underpins onchain finance. Lending, stablecoins, tokenized assets, risk management, liquidations, and portfolio construction all depend on one thing: reliable information. The growth of onchain finance will be enabled by transparent proof that onchain data matches its underlying offchain sources. On the Chronicle Dashboard, anyone can inspect how data is sourced, validated, and published onchain:

The Subgraph MCP helps your AI agents drill down into onchain data in much quicker. Four calls take an agent from a protocol name to a live query on the Subgraph MCP: (1) search subgraphs by keyword, (2) get deployment 30D query counts, get schema, and execute query. The volume check is the step most agents skip, and the one that keeps them off dead deployments.

16 chains to 91 in 12 months. @Dune parses onchain data for institutions like Visa, UBS, and Bloomberg. They consolidated onto Quicknode as the primary provider and hit the go-live window on every chain launch since.

If you're building an AI agent that needs onchain data like DEX activity, positions, governance, or protocol activity, the Subgraph Gateway now accepts x402 payments. One HTTP request. USDC on @base or Base Sepolia. No accounts, no keys. Docs:

Looks like I missed almost the entire @NEARProtocol ecosystem run. Checking the latest onchain data, liquidity is clearly moving back into NEAR: – $NEAR DeFi TVL is around $205M – DEX volume hit ~$494M in 7D, up +41% WoW – @rhea_finance TVL is up +48.4% in 7D – @meta_pool is up +69.5% – @LinearProtocol is up +59.5% $NEAR is moving, and the major protocols inside the ecosystem are seeing solid liquidity growth as well. I think the way we look at NEAR needs an update. NEAR is building toward: a multi-chain super app + confidential by default – Intents: cross-chain liquidity w/ real usage, cumulative fees above ~$48M – Confidential layer: privacy for swaps, perps and AI interactions – Agent infra: agents can interact w/ capital while users can still verify execution – bringing the wider stack into one UX NEAR Intents also generated around $1.73M in fees over the last 7D, with cumulative fees now around $48.15M. For me, the edge is starting to show in the infra underneath: users moving assets across chains agents executing transactions privacy built directly into the stack I was pretty late to the latest $NEAR ecosystem wave. Still think this narrative is worth a look tho.