Compared to the peak two months ago, @KaiaChain 's DAU and daily txs have dropped to around -80% levels. (Of course, still high numbers)

However, since then, the price has doubled along with the KRW stablecoin narrative. Of course, the change in total stablecoin supply internally is close to zero.

Price is closer to an expectation value rather than an evaluation of a specific state.

Kudos Kaia