Monero's XMR transaction volumes paint an interesting picture—they've basically held steady year after year. No wild swings, no dramatic surges. Just consistent, flat-line activity spanning multiple consecutive years.

What does that signal? Plenty, actually. For those tracking real network usage versus hype cycles, these numbers are pretty telling. When transaction counts stay this stable across such a long timeframe, it raises real questions about whether adoption metrics align with market narratives. Whether that's bullish or bearish depends on your perspective, but the data itself? That's your actual ground truth right there.