Currencies38131
Market Cap$ 2.28T+0.29%
24h Spot Volume$ 25.27B-22.5%
DominanceBTC56.44%+0.24%ETH9.62%+1.37%
ETH Gas0.07 Gwei
Cryptorank
/

ADA Faces Heavy Pressure, But Cardano’s On-Chain Data Tells Another Story


ADA Faces Heavy Pressure, But Cardano’s On-Chain Data Tells Another Story

Share:

AI Overview

Cardano's network activity and social dominance surged for the second time this month, with Santiment reporting notable increases in daily active addresses and online discussions. Despite this on-chain and social uptick, ADA has fallen to price levels not seen since December 2020, creating mixed signals for adoption and token performance in the crypto market.

Bearish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

The Cardano network has seen a sharp increase in both network activity and online discussions, even as ADA has fallen to levels not seen since December 2020.

According to the latest findings by Santiment, daily active addresses and social dominance have surged for the second time this month, making Cardano one of the most discussed assets in the crypto market.

Read the article at CryptoPotato

In This News

Coins

$ 0.171

+2.58%

$ 0.000357

+3.24%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 0.171

+2.58%

$ 0.000357

+3.24%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Strategy Is Selling Bitcoin Again: Bearish Warning or Bullish Opportunity?

Strategy Is Selling Bitcoin Again: Bearish Warning or Bullish Opportunity?

Strategy sold over 3,500 units over the past week - will history repeat with another ...
Bitcoin ETFs Finally Snap 8-Week Losing Streak With Almost $200M in Inflows

Bitcoin ETFs Finally Snap 8-Week Losing Streak With Almost $200M in Inflows

We will also explore what happened with the Ethereum ETFs, which actually set a multi...