Cardano launches new product called midnight Weighted sentiment for Cardano continues to rise along with interest in its NFTs Cardano had a lot going on irrespective of the ongoing FUD in the crypto market. The platform’s team continued building despite the market condition and launched a new confidentiality blockchain. The same was announced by Charles […]
As can be seen from the image below, the weighted sentiment for Cardano was overwhelmingly positive over the last week. This could be because Cardano had little exposure to FTX, as ADA was the only major cryptocurrency that wasn’t listed on the FTX exchange.According to data provided by, the volume of NFTs being traded increased by 57.98% in the past 30 days. Additionally, the number of NFTs sold grew by 37% during the same period.
Blue chip NFTs on the Cardano network also performed well. As indicated by the image below, all blue chip NFTs, apart from The Ape Society, showed growth in terms of floor price and volume.However, despite the growing interest in Cardano, network activity continued to decline.From the image below, it can be seen that the number of daily active addresses on the network declined significantly over the past week.
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