Cardano, one of the largest cryptocurrencies by market cap, has experienced a drop in wallet activity amid the ongoing global market recovery. The recent update has sparked speculation across the crypto community, with members wondering about the apparent cause and its effect on the token’s price.
The global crypto market looks like it will begin the new week in an upward trend. According to data from CoinMarketCap, the general crypto market capitalization has grown by a noticeable 1.33% over the last day to 2.38 trillion. As such, the majority of the tokens in the market are trading in the green zone as depicted by the crypto heat map. Additionally, the sentiment surrounding the crypto market looks positive as shown in the crypto fear and greed index. However, all doesn’t seem to be going well with Cardano (ADA).
Cardano Active Wallets Drops
Santiment, a cryptocurrency tracking intelligence tool, recently…
