• ADA’s price significantly increased as whale transactions reached a monthly peak.
• Holders of the last 30 days jumped into gains.

After enduring a long period in red, Cardano [ADA] investors finally had their day of respite. At the time of writing, the native token of the Proof-of-Stake (PoS) blockchain registered a 9.14% uptick in the last 24 hours. Only Ripple [XRP] outperformed it out of the top 10 cryptocurrencies in terms of market capitalization.

How much are 1,10,100 ADAs worth today?

Stagnant development activity, but whales act as liberators

Although ADA may have edged out the bears, the escape was not without backing from activity on its network. Input Output, the project’s development arm put out a tweet about the Dynamic peer-to-peer (P2P) rollout on the Cardano Mainnet.

ICYMI: Cardano’s network is evolving and Dynamic P2P is now rolling out on mainnet. SPOs can now test automated connections of #Cardano nodes.

Find out more in this blog post: https://t.co/jbc8E15Hox

— Input Output (@InputOutputHK) March 21, 2023

According to its 16 March explanation of the P2P feat

Go to Source to See Full Article
Author: Victor Olanrewaju

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