Cardano’s network went offline but was quickly brought back to life. Development activity maintained a great stance but ADA lost to DOT. Decentralized Proof-of-Stake (PoS) blockchain, Cardano [ADA] experienced a network outage, details from its developers’ telegram channel showed. According to a tweet by Rick McCracken, the blackout was a brief one. Last night during […]
development activity
, Santiment showed that Cardano had slightly improved from 22 January. At press time, it was 85.67. The development activity measures a project’s devotion to upgrading its network. Cardano has not been silent about continually polishing its ecosystem. Hence, the development activity value aligned with its constant proclamation.
Regarding its velocity, Santiment data showed that ADA was down to 2.08. The metric reveals the average number of times a token exchanges wallets daily. So, since this decreased, it meant fewer ADA tokens have been in circulation.Meanwhile, comments from the Cardano community showed jubilation due to the quick response. Cardano is one of many protocols to experience a blockchain node outage.situations, which took several hours before developers revived them.
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