After Vasil update Cardano (ADA) The price continues to fall. However, according to the data of various platforms, the activities in the ADA network are still alive.
The first positive data about Cardano came from StakingRewards. According to the platform’s data, the number of stakers in the ADA network has increased tremendously by 30% in the last 1 month.
As the number of stakers increases, ISLAND Since there is no significant change in the price, the income from transfer fees is decreasing.
Revenues of ADA staking validators fell 23% over the same period. If this situation continues to deteriorate, stakers may want to sell their ADA tokens.
Coinbase Users Buy ADA!
Despite falling Staker revenues coinbase stock market points to the opposite of the situation.
According to data from Coinbase, one of the largest cryptocurrency exchanges, ADA continues to become popular. 91% of Coinbase customers who have traded with ADA in the last 24 hours have been on the buy side. According to the data, investors hold ADA tokens for an average of 6 months.
Cardano Placed Third in NFT!
Due to the fact that some of the collections that have been talked about lately are on the Cardano infrastructure, the NFT volume in the ADA network has taken flight. Cardano became the third largest blockchain network by NFT volume.
SpaceBudz and The Ape Society collections have been receiving a lot of attention lately. In particular, Ape Society broke new ground in the Cardano network. The monkey-themed NFT collection is the first digital artwork to exceed 10,000 ADA as a base price.
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