According to the Gate News bot and a report from The Block, the price of Bitcoin may hold above $100,000, but network activity has been unusually quiet, with recent transaction counts falling to their lowest level since October 2023. Glassnode's on-chain analysts indicate that the decline in transaction counts is largely due to a sharp drop in non-monetary activities, such as inscriptions and runes, which had driven usage metrics up last year. Currently, the average daily settlement amount on the Bitcoin blockchain is $7.5 billion, having peaked at $16 billion when it first broke the historical high of $100,000 in November. The average transaction amount is currently $36,200, with transactions over $100,000 accounting for 89% of the total transaction volume, up from 66% at the end of 2022. In contrast, according to Glassnode's data, the proportion of transactions involving $100,000 or less has dropped from 34% to just 11%.