- Whales actively traded ADA as its whale transaction count increased.
- Market indicators were bearish, but a few metrics were positive for ADA.
Cardano’s [ADA] DEX volume spiked considerably last week, reflecting its popularity among traders. Interestingly, a similar trend was also noted on its TVL front. At press time, its TVL value stood at $159.68 million, per data from Artemis.
Not only that, but Cardano’s daily transaction count also increased slightly in the last few days. The whales were actively trading ADA, as evident from the relatively high whale transaction count. Daily active addresses also spiked last week, showing more network activity.
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Author: Dipayan Mitra
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