Cardano Activity Jumps as CIP-0113 Launch Coincides With ADA Rebound

Cardano activity rose sharply around the launch of its CIP-0113 token standard, while ADA rebounded and the ecosystem advanced an application for a .ada internet domain. The network recorded about 27,500 daily active addresses on Oct. 7 and nearly the same number on Oct. 8. That was roughly 1.7 times Cardano’s average weekday level in September. Activity on Bitcoin and Ethereum stayed at or below their respective September weekday averages during the same period. Cardano’s reading nevertheless remained below its local high from late August. The activity spike coincided with the Oct.

Source: TokenPost