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The Polylog Crypto Intelligence Brief

Morning Edition · Saturday, June 20, 2026

Bitcoin On-Chain Activity Climbs to Its Highest Since 2024 Even as Price Slips

An analytics firm reports network use moving above its long-term trend, creating a divergence between rising usage and a weak market, while a rare block containing no user transactions was mined.

Bitcoin On-Chain Activity Climbs to Its Highest Since 2024 Even as Price Slips

Bitcoin's on-chain usage is rising even as its price weakens. The analytics firm CryptoQuant said in a note that its Bitcoin Network Activity Index has moved above its long-term trend and reached its strongest level since late 2024, a measu…

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