PUNDIX +25.65% in 24 Hours as Network Activity and On-Chain Metrics Show Recovery

PUNDIX, a decentralized finance (DeFi) protocol, surged by 25.65% within 24 hours on SEP 6 2025, reaching a price of $0.3138. This sharp upward movement followed a 918.3% increase in the past week and an 857.64% rise over the last 30 days, despite a long-term decline of 3007.6% over a year. The recent rally is attributed to improved on-chain activity and user adoption metrics.

The protocol has seen a significant uptick in transaction volumes and wallet activity, suggesting renewed interest from retail and institutional users. Network data indicates that daily active addresses increased by over 40% in the last week, while the total number of unique addresses interacting with PUNDIX has surpassed 120,000. These figures are viewed as positive indicators of network utility and engagement.

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Technical indicators have also shifted in favor of PUNDIX. The 20-day Relative Strength Index (RSI) has moved above 50, signaling a potential end to a prolonged bearish trend. The 50-day and 200-day moving averages are converging, suggesting the possibility of a short-term bullish breakout. On-chain data further supports this with a growing ratio of bullish to bearish wallet behaviors.

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The convergence of these indicators has led to increased attention from market participants. Analysts project that continued on-chain adoption could drive PUNDIX to test key resistance levels in the near term. However, long-term challenges remain due to the year-over-year decline.

Backtest Hypothesis

A potential backtesting strategy for PUNDIX involves leveraging a combination of RSI and moving average crossovers. The strategy would trigger a buy signal when RSI rises above 50 and the 50-day moving average crosses above the 200-day moving average. A sell signal would be generated when RSI falls below 30 or the 50-day line crosses below the 200-day line. This dual-indicator approach aims to capture both short-term momentum and medium-term trend changes, aligning with the recent on-chain recovery and technical improvement.

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