Public chain upgrade shows vitality: block time shortened to 0.75 seconds, long positions sentiment strengthens but funding rate remains negative.

GasFeeLady · 2025-06-21T04:20:25+00:00

A certain public chain has shown strong vitality after the upgrade, with shorter block times, an increase in the number of applications, and a rise in volume, enhancing the utility of the Token. Although retail traders are bullish and the funding rate is negative, the market remains cautious, and the short-term price movement still needs to be observed.

GasFeeLady

2025-06-21 04:20:25

Abstract generation in progress

[Coin World] A certain public chain has shown new vitality after its recent upgrade, including a block time shortened to 0.75 seconds, over 5,600 applications, and a weekly trading volume on decentralized exchanges reaching $27.54 billion. These improvements at the Network Layer enhance the utility of the chain’s native Token. Developer activity has also begun to rebound, showing a healthy growth trend. Retail traders have become more bullish on the Token, with a long to short position ratio of 1.74, and 63.45% of accounts holding long positions. However, the funding rate remains negative, indicating that short positions dominate the market, and the leveraged market remains cautious. Large traders show some buying confidence, but whether the price can continue to rise still needs observation. Overall, the Token’s network and ecosystem are developing well, but short-term price movement still has uncertainties.

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