Here's some interesting on-chain data that I've found about #Nexo.
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Oct 24, 2026 · 2:40 AM UTC
ethereum:0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206 was listed on @krakenfx this week - the second biggest exchange in the world, which increased accessibility and spot liquidity in the EU, especially in the USA.
nitter.cf/krakenlistings/status/…
Now live: $NEXO
@Nexo is a platform where the share of $NEXO Tokens in a client's portfolio sets their loyalty tier and the benefits it unlocks. The $NEXO Token can also be used as collateral for Nexo Credit Lines.
Start trading today → proapp.kraken.com/9f1e/NEXO
Nexo has consistently been in the top 100 on @CoinMarketCap, and if volume keeps building, pushing into the top 50 doesn't seem far-fetched.
DYOR is also mentioning it:
nitter.cf/DyorNetCrypto/status/2…
This @glassnode chart shows that the total number of #NEXO tokens on exchanges has been dropping sharply, from over 380 million to roughly 372 million.
That means fewer tokens are sitting in order books, ready to be day-traded. #bullish
This @glassnode chart shows exactly what people are doing with their ethereum:0xb62132e35a6c13ee1ee0f84dc5d40bad8d815206 tokens.
The Number of Non-Zero wallets has climbed straight up from 52k to over 55k.
People aren't keeping their tokens on exchanges to day trade.
They’re moving them to cold storage, and a good chunk is likely getting staked directly on-chain for yield.
And this is a bullish long-term fundamental. Simple supply and demand.
#NFA