FF on-chain activity just printed at 5.2x its own baseline over the last hour.
That is not a gradual drift higher. It is a sharp break from the asset’s normal rhythm. In the past sixty minutes the network handled 63 transfers moving roughly $286.5K in volume, enough to trip the “on fire” thresholds that require both a meaningful spike and a minimum activity floor.
MAIN THESIS
What that signals is a sudden inflow of attention. Activity multiples this far above baseline usually mean wallets that were dormant or routing elsewhere suddenly concentrated here. Direction is not baked in, but the heat is real and it is happening now.