Cardano Active Addresses Rise as ADA Slides After CIP-0113 Launch

Cardano’s daily active addresses rose to about 27,500 as Cardano’s ADA fell roughly 13% from the Oct. 6 close through Oct. 8, highlighting a widening gap between network participation and market performance. The network recorded about 27,500 daily active addresses on Oct. 7 and 27,200 on Oct. 8. Both readings were roughly 1.7 times Cardano’s September weekday average, although they remained below the network’s late-August peak. The increase followed the Cardano Foundation’s Oct. 7 announcement that CIP-0113 had gone live on Cardano mainnet.

Also reported by CoinTurk News, TronWeekly.

Source: TokenPost