The data shows that BTC traffic continues to decline, and the activity on the chain has dropped significantly.

According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry was reported at 473.13 points at 8:00 on April 29, down 0.68 points or 0.14% from the same period of last year. In addition, among the 28 sub-sectors closely watched by TokenInsight, the highest increase in 24 hours was for the governance agreement industry, an increase of 4.79%; the highest decline in 24 hours was for the energy and mining applications industry, with a drop of 8.53%. According to the monitoring, the number of BTC active addresses and the number of transfers decreased by 7.77% and 23.36% respectively. BCtrend analyst Jeffrey believes that BTC traffic continues to decline and chain activity has fallen sharply, with short-term shocks down.