Is the Metaverse losing popularity? On-chain data offers a different insight

Metaverse tokens are cryptocurrencies associated with virtual worlds, digital economies, and immersive online experiences. Tokens like Sandbox (SAND), Decentraland (MANA), and Axie Infinity (AXS), three of the most prominent assets during the Metaverse boom of 2021, continue to face correction since they topped in early December. A Glassnode report suggests that despite price pullback, on-chain activity suggests holders accumulation. Meanwhile, FXStreet interviewed some crypto market experts regarding their views on the Metaverse sector to gather insights.