Cardano’s Ecosystem Explodes, Why ADA Could Be Quick To Resume Bullish Trend

Cardano’s Ecosystem Explodes, Why ADA Could Be Quick To Resume Bullish Trend


Cardano (ADA) has followed the general trend in the market and records losses across the board. The seventh crypto by market cap trades at $1.22 with a 2.2% and 10% loss in the past 24 hours and 7 days, respectively.

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ADA on a downtrend in the 4-hour chart. Source: ADAUSDT Tradingview

However, Cardano continues to be one of the most active ecosystems in the crypto industry. This won it the title for most active project on GitHub in 2021 as developers rushed in to explode its smart contract and interoperable capabilities.

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As the Marketing and Communications Director for Input Output Global (IOG) Tim Harrison reported, the Cardano project has over 67

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