Cardano outperformed other crypto currencies in development activity Its NFT floor prices grew while volume declined On 2 December, 2022, Santiment revealed that Cardano [ADA] topped the list of development activity over the last 30 days. ETH, thus, out-performed currencies like Polkadot [DOT] and Ethereum [ETH]. This spike in development suggested that there may be […]
Unique active users for Miniswap dwindled by 20.68% in the last seven days. For SundaeSwap, the number of active users fell by 12% during the same period.Coming to on-chain metrics, Cardano’s volume depreciated immensely over the last month.
Since 2 November, Cardano’s volume fell from 464 million to 204 million in 30 days. Its Market Value to Realized Value long/short difference was in the negative as well.However, long-term holders would have to wait out the bear market before seeing any signs of profit.At the time of writing, ADA was trading at $0.319. Its price decreased by 1.2% in the last 24 hours, according to