After a period of lower prices and declining trading, investors are watching to see if BNKR can recapture the momentum from its standout yearly performance.
BNKR's price is down recently despite huge yearly gains
Over the past year, BNKR's price surged
↗2294%
, significantly outpacing the DeFi category average gain of
↗62%
. However, its price has fallen
↘22%
in the last month, though it showed some resilience last week with a decline of only
↘1%
compared to the category's average drop of
↘10%
.
Trading activity has decreased
BNKR’s trading volume has declined by
↘9%
, placing it among the lower-tier DeFi protocols in daily activity. This contrasts with the broader market, which saw volume increase by
↗139%
, and the DeFi leader LINK, which posted a
↗235%
volume surge.