The Cardano network has seen a significant increase in activity, with over 50,000 daily active addresses. This comes at a time when the price of Cardano's cryptocurrency, ADA, has been experiencing a downturn. Whales on the network have been accumulating ADA tokens, acquiring over 100 million in just two days. Despite the recent price correction, ADA is still trading around $0.99. Additionally, Cardano is undergoing a major upgrade called the Plomin hard fork, which introduces governance features and technical enhancements to the protocol.
Content Editor ( cryptoglobe.com )
- 2025-01-22
Cardano Network Surges Past 50,000 Daily Active Addresses Despite ADA Price Downturn
