Onchain activity moving from top alts to low cap alts

Tracks on-chain activity rotation from major altcoins to lower-cap alts, highlighting divergences in network usage trends. Measures: On-chain activity across major altcoins vs lower-cap altcoins (e.g., transaction counts, active addresses). Reflects: Capital rotation and shifting network growth across altcoin tiers. Interpretation: ↑ Activity in low caps + ↓/flat activity in majors → narrative rotation toward smaller assets · ↑ Activity in majors + ↓ in low caps → consolidation into established networks Context: Commonly analyzed alongside price performance to assess capital flow leadership shifts. Tags: Category: On-chain Metric | Signal Type: Network Activity / Capital Flow | Market Scope: Network-level