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Cardano [ADA] ticks the right boxes as awaited Valentine upgrade approaches
Coinciding with this, the development activity on the network has picked up decisively, according to Santiment’s data. Over the last seven days, this metric has jumped by 27%, spreading a fresh wave of optimism in the Cardano fanbase.strong performance on the decentralized finance front as well. The total value locked and the decentralized exchange trading volume on the network made a sharp rebound from the lows of 2022 and sat at $24.42 million at press time, per DeFiLlama.
The network value to transactions ratio spiked, lending evidence to the observation that network value was more than on-chain activity. The weighted sentiment was in the negative territory, which was also surprising.Subscribe to get it daily in your inbox.
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