Definition ∞ Low Spending Activity refers to a condition characterized by reduced transaction volume or decreased velocity of funds within an economic system or on a specific blockchain network. This often indicates a lack of active market participation, decreased utility, or a general pause in economic interactions.
Context ∞ In the context of digital assets, low spending activity on a blockchain can suggest a cooling market, reduced utility for a specific asset, or a prevailing HODLing trend among participants. This metric provides valuable signals for market analysts and investors, often reported in news assessing the health and direction of various crypto ecosystems.