In the first quarter of 2025, Nervos Network experienced a decline in network activity and token performance despite ongoing infrastructure development. The price of CKB dropped by 58.9% quarter-over-quarter, and the average daily transaction volume decreased by 28.6%. Deposits into Nervos DAO and new address creations slowed down, indicating reduced user engagement, influenced by the overall market environment. However, the launch of the Fiber Network mainnet was a significant milestone, introducing features such as privacy payments, stablecoin support, and multi-hop routing, which have driven the development of BTCFi applications.

Q1 2025 was a mixed quarter for Nervos Network, with continued infrastructure development offset by declines in network activity and token performance. CKB’s price fell 58.9% QoQ, while average daily transactions dropped 28.6%. Nervos DAO deposits and new address creation also slowed, reflecting reduced user engagement amid broader market headwinds. However, the launch of Fiber Network on mainnet marked a significant milestone, introducing privacy-preserving payments, stablecoin support, and multi-hop routing for BTCFi use cases.

Nervos Network Q1 2025 Development Overview and Fiber Network Mainnet Launch