Cardano Active Addresses Reach 1.7 Times September Weekday Average
Photo: TokenPost
Cardano (ADA) recorded stronger daily active-address readings on Oct. 7 and Oct. 8, reaching about 1.7 times the average weekday level recorded in September and renewing attention on the price structure that preceded ADA’s 2020 rally. Daily active addresses reached about 27,500 on Oct. 7 and 27,200 on Oct. 8. The readings remained below Cardano’s late-August peak but represented a recovery from more recent levels. The activity data has drawn attention to the price structure that preceded ADA’s 2020 rally. The comparison with 2020 concerns the structure that preceded Cardano’s earlier price rally.
Source: TokenPost
