OPEN has dropped by 5623.21% over the past year due to changes in regulations and ongoing market volatility.

On September 25, 2025, OPEN experienced a dramatic 1200.45% drop in value within a single day, falling to $0.6391. Over the last week, the token plummeted by 3301.34%, and both its monthly and yearly losses stand at 5623.21%. Such drastic price swings point to a major change in investor sentiment and ongoing regulatory pressures.

The heightened volatility surrounding OPEN is largely attributed to a wave of statements and measures from major regulatory authorities. Earlier in the year, multiple regions rolled out tougher regulations for decentralized digital assets, mandating strict adherence to anti-money laundering (AML) and know-your-customer (KYC) requirements. Although these rules have yet to be fully enforced, the anticipation of stricter oversight has prompted investors to withdraw from high-risk tokens like OPEN.

Experts believe that regulatory challenges will continue to negatively impact the token’s core value. The absence of robust governance structures and transparency within the token’s ecosystem has only added to the prevailing uncertainty. In light of these concerns, the development team has suggested possible protocol enhancements, but no specific plans or deadlines have been provided.

From a technical analysis standpoint, OPEN’s price has slipped beneath crucial support zones that previously helped prevent further losses. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) have signaled a bearish divergence, indicating that the downward trend is likely to persist in the near future.

Backtest Hypothesis

A backtesting approach was introduced to analyze how the market might react to technical signals confirming the bearish outlook. This method aims to model a cautious selling strategy based on RSI and MACD indicators. Sell orders are triggered when the RSI drops below 30 and when the MACD line falls beneath the signal line. The strategy also uses stop-loss mechanisms to help manage risk during periods of high volatility. The goal is to determine whether these technical tools can help navigate the recent steep decline and pinpoint possible stabilization or rebound points.