Basic Attention Token address activity jumps to 6-year high, will BAT price follow?

The Basic Attention Token (BAT) token extended its price decline below $0.10 on Thursday as selling pressure across cryptocurrencies halted the recent spike.

All the top coins in the market, including Bitcoin and Ethereum, have shed gains as risk assets reacted to interest rate decisions and ongoing uncertainty in the US-Iran war.

BAT, therefore, faces a potential downward spiral.

Any recovery for the token’s price will hinge on what happens in the broader crypto market.

However, could an ecosystem milestone involving a significant surge in on-chain activity help bulls?

Basic Attention Token address activity explodes

The BAT token remains off its all-time high reached in 2021, and is down 53% year-to-date.

Sellers continue to dominate since the local top hit in early December 2025.

The gains mirrored the surge in prices of privacy-focused coins, with Basic Attention Token rising as Zcash (ZEC), Monero (XM), Dash (DASH), and Decred (DCR), among others, pumped.

Most of these coins have since shed much of the upside amid broader selling.

But while momentum evades buyers, on-chain data indicates the platform has recorded its biggest daily jump in address activity in six years.

Per Santiment, about 5,196 unique addresses interacted on the network following the setup of a DAO and the transfer of 73 million GUANO tokens.

According to Santiment, this surge in unique address activity comes as the BAT community, contributors, and ambassadors embrace the project’s DAO initiative.

This decentralized organization is focused on network governance, experimentation, and incentive alignment within the ecosystem.

While the event signifies a notable engagement milestone, analysts caution that the spike is tied to a specific governance event rather than a spontaneous expansion in daily browser usage or advertising demand.

"This wasn’t organic retail usage alone. It was a structural event that forced dormant or inactive wallets back on-chain all at once," the platform noted.

BAT price outlook

CoinMarketCap data shows BAT price hovers around $0.096, down 2.6% in the past 24 hours and 4% this past week.

The Brave-linked token continues to face headwinds as it navigates a challenging broader market environment, and upside momentum is only likely to come amid fresh user growth and expanded real-world utility.

From a technical perspective, the $0.090 level serves as critical psychological support.

Should the broader crypto market experience increased volatility, a failure to hold this support could invite further selling pressure.

Meanwhile, bulls face immediate overhead resistance in the $0.10 to $0.13 range, where previous consolidation occurred before the latest slide.

A sustained breakout above this level would be required to shift the short-term sentiment from bearish to neutral.

If bulls reclaim control, the next supply zone hovers around $0.20-$0.22.

The post Basic Attention Token address activity jumps to 6-year high, will BAT price follow? appeared first on Invezz