There are several potential reasons why LayerZero's daily activity has fallen below its peak of about 97%. One of the main reasons is the end of temporary events like airdrop or token distribution. At this time, users are temporarily active, and the level of activity may drop significantly after the event ends.
This situation does not mean that the technology does not need to be used. In fact, it indicates artificial activity caused by temporary events or promotions. If the technology continues to be valuable and useful in its market, long-term activity and user base will gradually increase.
One of the main reasons may be the activities of competitors, market conditions and changes in the interests of users. Such situations are normal and may require a rethinking of the technology itself, market strategies and user support.
