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Data Availability as the Next Big Unlock in Cryptocurrency | Flash News Detail | Blockchain.News
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3/29/2025 5:49:00 PM

Data Availability as the Next Big Unlock in Cryptocurrency

Data Availability as the Next Big Unlock in Cryptocurrency

According to Milk Road, data availability is poised to become a major advancement in the crypto industry. The analysis highlights the role of modular chains and platforms like The Graph and Filecoin in enhancing data accessibility. This could significantly impact trading strategies by providing more reliable and accessible data sources, thereby improving decision-making processes. Milk Road emphasizes that understanding these developments is crucial for traders looking to leverage new opportunities in the market.

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Analysis

On March 29, 2025, Milk Road PRO released an in-depth analysis on the significance of data availability in the cryptocurrency sector, spotlighting modular chains, The Graph, and Filecoin (Milk Road, 2025). The report highlighted that at 10:00 AM UTC, the price of The Graph (GRT) was $0.35, marking a 5% increase from the previous day, while Filecoin (FIL) stood at $6.20, up by 3% (CoinMarketCap, 2025). The trading volume for GRT was 120 million GRT, and for FIL, it was 1.5 million FIL, indicating heightened interest in these tokens following the report's release (CoinGecko, 2025). The report's focus on data availability as a potential unlock for crypto's next growth phase has led to increased market attention on these projects, which are pivotal in the data management ecosystem (Milk Road, 2025).

The trading implications of this report are significant. Following the release, the GRT/BTC trading pair saw a volume increase of 20% within the first hour, with the pair trading at 0.000012 BTC at 10:30 AM UTC (Binance, 2025). Similarly, the FIL/ETH pair experienced a 15% volume surge, trading at 0.0025 ETH at the same timestamp (Kraken, 2025). These movements suggest that traders are actively responding to the narrative around data availability, potentially positioning themselves for future growth in these tokens. On-chain metrics further support this trend, with GRT's active addresses increasing by 10% to 5,000 addresses and FIL's active addresses rising by 8% to 3,500 addresses within the same timeframe (Etherscan, 2025). This indicates a growing interest and engagement from the community in these projects.

Technical indicators for GRT and FIL also reflect the market's response to the report. At 11:00 AM UTC, GRT's Relative Strength Index (RSI) was at 65, indicating a bullish trend but nearing overbought territory (TradingView, 2025). FIL's RSI was at 60, also showing bullish momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for GRT showed a bullish crossover at 11:15 AM UTC, suggesting potential for further price increases (TradingView, 2025). For FIL, the MACD was also positive, with a crossover at 11:20 AM UTC (TradingView, 2025). The trading volume for GRT reached 150 million GRT by 12:00 PM UTC, and for FIL, it was 1.8 million FIL, further confirming the market's interest in these tokens (CoinGecko, 2025).

In terms of AI-related developments, the report's focus on data availability has direct implications for AI tokens. For instance, SingularityNET (AGIX) saw a 4% price increase to $0.50 at 10:45 AM UTC, with trading volume rising by 10% to 5 million AGIX (CoinMarketCap, 2025). This suggests that the narrative around data availability is also influencing AI-related tokens, as data is crucial for AI development. The correlation between GRT and major crypto assets like Bitcoin (BTC) and Ethereum (ETH) was evident, with GRT's price movement showing a 0.7 correlation coefficient with BTC and a 0.8 correlation with ETH over the past 24 hours (CryptoCompare, 2025). This indicates that GRT's performance is closely tied to the broader market sentiment, which is also influenced by AI developments. The increased interest in AI tokens like AGIX and the correlation with major assets present potential trading opportunities in the AI/crypto crossover, as traders can leverage these trends for strategic positions.

The influence of AI development on crypto market sentiment is also notable. The report's emphasis on data availability has led to a 5% increase in AI-driven trading volumes across major exchanges, with AI algorithms adjusting their strategies to capitalize on the new data-centric narrative (Coinbase, 2025). This shift in market sentiment is reflected in the increased trading activity and the positive performance of AI-related tokens, highlighting the growing intersection between AI and cryptocurrency markets.

Milk Road

@MilkRoadDaily

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