ADA Price Falls Despite Cardano Active Addresses Surging After CIP-0113 Launch
Photo: TronWeekly
Cardano’s daily active addresses surged to nearly 27,500 after the CIP-0113 upgrade went live, reaching around 1.7 times the September weekday average. However, ADA fell during the same period, while analysts outlined a conditional recovery path toward $0.90 if key resistance levels are reclaimed. Santiment reported that Cardano’s daily active addresses reached approximately 27,500 on October 7 and 27,200 on October 8. Both readings were around 1.7 times the September weekday average, although activity remained below the late-August peak. The increase coincided with CIP-0113 going live on Cardano’s mainnet on October 7.
Source: TronWeekly
