Cardano’s Soaring NVT Ratio Signals Possible Price Correction Amidst Decreased On-Chain Activity

Cardano’s Network Value to Transactions (NVT) ratio has recently spiked to its highest level since June, signaling a concerning trend: on-chain activity has slowed relative to ADA’s price growth. This heightened NVT ratio is often viewed as a classic sign of overvaluation, and it’s particularly noteworthy in light of ADA’s

Source: NullTx