A few green flags on AUDIO
There is still plenty more to come regarding Audius fundamentals, but some metrics have really began to reveal some anomalies.
1. Increasing on-chain activity by a large number of unique addresses, significantly spiking the AUDIO active address chart:
![](https://production-sanbase-images.s3.amazonaws.com/uploads/8d35207271853f239b3fe36d28ef7adaf291e968e5669965cbb8d104969602b0_1668639348341_Audius%20%28AUDIO%29%20%5B23.29.12%2C%2016%20Nov%2C%202022%5D.png)
2. Increasing on-chain activity visible in network growth:
![](https://production-sanbase-images.s3.amazonaws.com/uploads/e693e06bd06104385a83a1f411555768a8285ec903917b5fecfd9682763ca4e5_1668639384264_Audius%20%28AUDIO%29%20%5B23.29.30%2C%2016%20Nov%2C%202022%5D.png)
3. Strong development activity. See its github submission rate compared with Solana here for added perspective:
![](https://production-sanbase-images.s3.amazonaws.com/uploads/54fe39de15f835df78685aabd0f3e16a7f342fc5088a64bcdd05224e3e1b7819_1668639431374_Solana%20%28SOL%29%20%5B23.24.36%2C%2016%20Nov%2C%202022%5D.png)
4. Increasing amount of supply held by whales, specifically addresses holding 1M to 10M AUDIO:
![](https://production-sanbase-images.s3.amazonaws.com/uploads/48ee58469bf44a49c19a8f9c1cbfaa71cd7b1fb9866e21cfad9ec644651b2953_1668639467714_Audius%20%28AUDIO%29%20%5B23.26.55%2C%2016%20Nov%2C%202022%5D.png)
When these specific metrics begin spiking together for an asset, there has historically been an increased chance of a price surge. Will Audius see a breakout? Let’s keep a close eye on this together.
Thanks for reading!
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