Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Is Cardano’s slowdown in development activity bad news for ADA?
ALTCOIN NEWS

Is Cardano’s slowdown in development activity bad news for ADA?

By Crypto FlexsJanuary 27, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Is Cardano’s slowdown in development activity bad news for ADA?
Share
Facebook Twitter LinkedIn Pinterest Email

  • ADA’s development activity fell along with its price last week.
  • Cardano’s weekly chart was red, but market indicators looked bullish.

Cardano (ADA)Known for its high development activity, has seen disruptions over the past few days. Blockchain has released a weekly development report highlighting the efforts made by various teams to improve the blockchain.

Cardano’s development activity is decreasing.

AMBCrypto looked at data from Santiment and found that development on the blockchain has decreased over the past week. This is evident from the fact that ADA’s development activity chart has decreased over the past few days.

Source: Santiment

The latest edition of our weekly development report highlighted the work that various Cardano teams have been doing to improve the blockchain.

What’s happening with Cardano?

Check out this week’s development updates for Essential. #Cardano Stay abreast of all the latest developments in core technologies, wallets and services, smart contracts, scaling and governance. https://t.co/JKZelIca28

— Input Output (@InputOutputHK) January 26, 2024

According to the report, the Hydra team has been working on the version 0.15.0 release, addressing issues with smoke testing and website publishing workflows, and ensuring a more robust development environment.

The Mithril team has released an initial version of the Mithril client NPM package to enable developers to integrate core Mithril functionality into web applications running in the browser.

Meanwhile, Project Catalyst celebrated all the efforts of ecosystem participants at the start of the voting period. Apart from this, the report also mentioned Glockchain’s updated network statistics.

According to the report, Cardano has completed over 82.7 million transactions while holding over 9.4 million native tokens. additionally, Cardano More than 157 projects have been launched on blockchain.

Source: Essential Cardano

ADA is affected by bears.

While developers continue to improve the ADA price action on the blockchain, it has been impacted by the downtrend.

According to Coin Marklet CapADA is down more than 5% over the past seven days. At the time of this writing, ADA is trading at $0.4824 with a market capitalization of over $17 billion, making it the 8th largest cryptocurrency.

AMBCryptro’s look at Sanriment’s data shows that the downward trend could continue. While the token price is falling, open interest is surging, suggesting a continuation of the trend.

Binance funding rate also remained in the green. This means that derivatives investors are buying ADA at lower prices.

Source: Santiment


Realistic or not, the following is ADA Market Cap of BTCTerms and conditions


Analysis of Cardano’s daily charts shows a possible trend reversal. For example, MACD has indicated a possible bullish crossover.

Additionally, both ADAThe Money Flow Index (MFI) and Chaykin Money Flow (CMF) are on the rise, which means there is a high possibility that prices will move north.

Source: TradingView

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025
Add A Comment

Comments are closed.

Recent Posts

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025

Mobile App Change Log 7.17.0

October 9, 2025

Building Tomorrow’s Wealth With Tokenized Gold

October 9, 2025

Dreamcash Celebrates 100,000 Waitlist Signups With Exclusive $50k Giveaway Series

October 9, 2025

Ethereum Price at Risk – Bears Lose Momentum Ahead of New Lows

October 9, 2025

Fanable Gets $11.5M To Power The Future Of Pokémon & Collectibles; $COLLECT Token Farming Goes Live Now

October 9, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025
Most Popular

MetalCore’s CTO on how to make Web3 games fun: “We use what we understand.”

May 11, 2024

SOL, AVAX, SUI, and NEAR rise as Bitcoin price trades in the $90,000 area.

November 17, 2024

Is Ethereum ETH Price Ready for a 20% Soar? The tech says yes.

April 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.