MAV +21.9% in 24 Hours Amid Strong 7-Day Gains

MAV surged 21.9% in the last 24 hours, closing at $0.07314 on SEP 20 2025. Over the past week, the asset has gained 662.69%, indicating a sustained upward momentum. The one-month performance stands at 81.24%, while the annual return has reached an impressive 3117.72%, reflecting strong long-term investor confidence.

The recent uptrend has been driven by a combination of on-chain activity and macroeconomic factors that continue to favor digital assets with utility-based models. Analysts have highlighted increased transaction volumes and a shift in on-chain behavior that suggest heightened adoption and usage of MAV. While short-term volatility remains a factor, the current price trajectory indicates a broad-based shift in sentiment.

From a technical perspective, MAV has broken above key resistance levels that had previously capped its growth. A sustained move above the 21-period moving average has signaled a potential continuation of the bullish trend. On the weekly chart, the asset has formed a strong ascending pattern, suggesting further upside potential if the current momentum holds.

Recent on-chain data shows that the number of active wallets has increased by nearly 400% in the last 30 days. This metric is often used by traders as an early indicator of price movement, with rising wallet activity typically preceding price gains. The average daily transaction count has also seen a notable increase, reinforcing the view that MAV is experiencing a fundamental shift in user behavior.

Backtest Hypothesis

A backtesting strategy was developed using historical MAV price data and key technical indicators including the 21-period moving average and daily transaction volume. The hypothesis tested whether a simple entry rule—buying when price crosses above the 21-period moving average and daily volume exceeds the 5-day average—could capture a significant portion of MAV’s recent gains.

The strategy was tested over the past 12 months and showed a high success rate in identifying bullish phases of the asset. Entries aligned closely with periods of rising on-chain activity and price acceleration, particularly during the recent 662.69% weekly gain. The results suggest that combining price action with on-chain data can provide a robust framework for capturing MAV’s trend movements.