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Compound [COMP] is 13 months down, but will the 14th be the same

ambcrypto.com

While the broader market's bearishness has certainly impacted the price and growth of Compound COMP, a significant contribution to the same also comes from decreasing demand. This is clearly visible when observing the on-chain statistics of the lending protocol.

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Bitcoin COMP
$ 78.07

Timeline of Compound

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Bitcoin Bitcoin
71046.2000 -0.59%
Ethereum Ethereum
3577.51000 -1.88%
BNB BNB
584.200000 0.22%
Solana Solana
184.261000 -2.58%
XRP XRP
0.62141300 -1.09%