Cardano News: ADA Price Drops, But On-Chain Activity Explodes

Cardano network activity picked up notably this week even as the ADA price moved lower, based on new data from Santiment. Santiment reported that Cardano daily active addresses reached around 27,500 on October 7 and roughly 27,200 on October 8. That was about 1.7 times the network’s September weekday average. At the same time, ADA fell roughly 13% from its October 6 close through October 8. Santiment Says the Activity Jump Is Real The interesting part of Santiment’s report is that the increase does not appear to be explained simply by the broader crypto sell-off.

Source: CaptainAltcoin