ENA registers a 1.8x baseline activity bump, but the surge stays below the on-fire threshold

Hourly on-chain activity for ENA climbed to 1.8 times its own norm across 23 transfers, yet the combined $361.3K volume keeps the reading elevated rather than extreme.

The 1.8x multiplier over ENA's baseline shows a genuine activity expansion, not just raw volume that happens to look large. Twenty-three recent moves delivered $361.3K in total, enough to register as unusual but still below the formal on-fire threshold.

The relationship between transfer count and aggregate dollar flow suggests the spike is broad-based rather than driven by a single whale print, though the modest total volume tempers the intensity.

The attention signal is real but nascent. Watching whether activity sustains above baseline in the next hourly window or mean-reverts will clarify if this is early accumulation noise or a fleeting burst.