Cardano [ADA], the eighth-largest blockchain in the world has enjoyed huge attention from developers. According to data harvested from GitHub, Cardano registered the highest level of daily developer activity in 2021. The year 2022 also painted a similar picture with development activity in the fore. However, ADA’s price didn’t quite showcase the same scenario.
The ongoing bear market has directly affected a majority of tokens within the crypto family. But, Cardano’s native token seems to be the number one pick when it comes to witnessing losses.
Recently, Cardano saw the least amount of unique addresses interacting on its network in a year. On top of this, sentiment on social platforms fell to a four-month low as seen in the tweet below.
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