Part 8/14:
Mining reserves have remained relatively stable:
Currently, miners hold approximately 230,000 BTC.
Over the year, they've shed only around 1,150 BTC—less than 1%—indicating miners’ reluctance to sell, potentially anticipating higher prices.
This stability suggests miners believe in ongoing upside, providing a bullish backdrop.
Layer 1 and Layer 2 Developments
The week also saw notable activity across Layer 1 and Layer 2 solutions:
Near Protocol leads with a 16% increase in total value locked (TVL) over seven days.
Aptos reports a rise in daily active users and transactions.
Sui token wins both weekly and monthly growth metrics.