After a major pullback, PARTI’s price is rising fast again. In just 24 hours, the coin has seen a staggering 12% increase in price. But what prompted this growth?
Analysts say that a tremendous growth of Universal Accounts and a simultaneous increase in network activity in Q1 of FY 2024-5 prompted this hike.
The coin is now trading at a value of $0.28. Within this time, the trading volume has also increased by 400%. According to sources, the price change is also steered by the Q1 report published by the State of Particle Network in 2025.
What Do The Reports Say?
According to reports, the number of Particle Network Universal Accounts during the first quarter of 2025 increased to 110,900. It marks a phenomenal 557% growth, compared to the last quarter.
The new account opening frenzy peaked around the PARTI TGE. Airdrop farming also instigated it. On March 25, the token experienced its largest single-day surge. Around 10,500 accounts were created on that date.
Further Rise in Traction
The token network also witnessed an increase in spontaneous traction activity. The daily transactions increased to 27,100 in the first quarter. The growth was an enviable 807% quarter-over-quarter.
The majority of the latest transactions took place through the Layer 2 networks of Ethereum. Of them, Arbitrum accounted for 7,300 regular transactions, followed by Base and Optimism.
At the same time, the average volume of DEX on the UniversalX Particle network became $5.9 million in the first quarter itself. Compared to the last quarter, the growth was a staggering 15,154%.
What Do Charts Say?
PART’s price seems to have grown from a major pullback from the initial May rally. The same day, the price reached $0.43, threatening the post-launch all-time high.
What Is The Current Status?
The coin has just gone past EMA 20. In the meantime, the RSI has gone above 55 and is continuing the upward trend. Simultaneously, the RSI also went past the MA, creating a golden cross. However, charts suggest that the next resistance point could be at $0.34, followed by $0.42.
