Cardano (ADA) has recently shown some positive momentum, climbing from $0.30 to $0.36. Despite this short-term surge, there are significant risks that could drive Cardano’s price down to $0.20. Here’s a closer look at the three main factors contributing to this potential downturn.
1. Surging Transactions Per Second (TPS) with Falling Usage
Cardano’s blockchain has been capable of processing more transactions per second (TPS), yet this increased capacity hasn’t translated into higher transaction volumes.·
For the full story, head over to TheCurrencyAnalytics.com.