Particle Network’s Universal Accounts Fuel 12% Price Surge—Q1 Growth Tops 500%

Another day, another crypto project defying gravity while traditional finance scrambles to keep up.

Particle Network’s native token just ripped past resistance—up 12% this week—as its Universal Accounts product goes parabolic. The onboarding solution saw adoption explode by over 500% last quarter, proving (yet again) that wallets remain crypto’s killer app.

Of course, Wall Street will call it ’speculative’ right up until they launch their own knockoff next year.

Transaction activity on the network also soared, averaging 27,100 daily transactions in Q1 — up 807% quarter-over-quarter. The majority of these transactions took place on Ethereum Layer-2 networks, led by Arbitrum with 7,300 daily transactions, followed closely by Base and Optimism.

Additionally. the average daily volume on UniversalX, Particle Network’s DEX, hit $5.9 million in Q1, representing a 15,154% increase compared to the prior quarter.

In Q1, Particle Network also launched UniversalX V2 and integrated Everclear, a tool designed to improve liquidity rebalancing within Universal Accounts. Finally, the report highlighted strong developer interest, with over 90 teams planning to integrate chain abstraction through Universal Accounts.

Buoyed by growth in Universal Accounts, Particle Network‘s key feature, alongside other metrics highlighted in the report, PARTI price appears to have embarked on recovery from a sharp pullback from its early May rally, which saw the price reach $0.43, testing its post-launch ATH.

The token has just climbed above EMA 20, and the RSI has moved above 55 and is trending upward, indicating strengthening bullish momentum. The RSI has also crossed above its MA, forming a golden cross.

Looking ahead, the immediate resistance lies around $0.34, a minor supply zone from May 16 – 20, followed by $0.37, where the price previously broke down on May 13. The next significant resistance is at $0.42, corresponding to the high from May 11.