Trading fell from 534.8 trades a day (the seven days to 2026-09-20) to 32.2 a day over the last seven, in HEY's decoded on-chain trades.

What it is

Market activity collapse

Where HEY read it

HEY’s daily market index

When it happened

Not dated by the source; HEY dates it by when it saw it.

HEY saw it

2026-09-25 (6d ago)

Counts toward building

No. It is context: it does not change activity status or Build Momentum.

What it does not say

It describes what happened to the token’s market in HEY’s readings; it is not a finding about anyone’s intent or the building.