PulseX Stalled Despite ETH ATH — Liquidity, Chain Isolation and Vesting to Blame

I’m not surprised PulseX hasn’t followed Ethereum’s ATH — the token lives on a different ecosystem with weak liquidity and low trading volume, so ETH rallies don’t automatically lift it. Being below the original “sacrifice” price often reflects on-chain realities rather than market sentiment alone.

Key drivers I see are thin DEX orderbooks, concentrated token holdings and possible vesting/unlock schedules from the launch that suppress price action. Bridges and exchange access are limited, so new capital doesn’t flow in quickly when ETH pumps.

I’d watch on-chain metrics (TVL, 24h volume, liquidity pool depth, large transfers/unlocks) and news about listings or protocol upgrades. If those improve, the token can re-rate; until then I’d be cautious about adding size.