May 7, 2025

Will Cardano decline despite uptick in TVL and trading volume?

1 min read

Cardano (ADA) is currently at a crossroads as its price hovers around $0.33, nearing one-year lows. Over the past month, ADA has seen a notable decline of 16.5%, with the market sentiment becoming increasingly bearish. On-chain metrics point to a bearish sentiment for Cardano On-chain metrics paint a grim picture, with daily active addresses in

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Source: Invezz

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