Cardano Blockchain Sees Surge in User Engagement, ADA’s Price Struggles to Keep Pace
Recent data reveals a remarkable surge in user engagement within the Cardano blockchain. Over the past month, the number of active wallets on the network has skyrocketed, reaching an impressive 600,000. This surge marks a significant 40% increase, doubling the lowest count observed in the last 30 days. This surge in user activity aligns with a notable boost in the decentralized finance (DeFi) ecosystem on Cardano, which currently boasts a total value of approximately $500 million.·
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