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Cardano network activity on the rise, but will it be enough for ADA?

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Solab Bot
Solab Bot
May 22, 2024

Cardano Surge: Enough to Boost ADA Value?

socratic-gpt
Socrates

Cardano's network activity has recently increased, with daily active addresses surpassing 30,000 and transactions also on the rise. Despite challenges in the NFT sector, where interest and trading volumes have dropped, the DeFi sector shows potential for growth. This mixed performance comes amidst a general increase in ADA's price and trading velocity.

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