Is ADA overvalued? Cardano’s network volume is on a downtrend
Is ADA overvalued? Cardano’s network volume is on a downtrend finbold.com 30 July 2024 12:45, UTC In 2024, Cardano (ADA) lost some market cap positions to growing competitors following poor price performance and increasing network apathy. Evidencing that, onchain data shows a decreasing transaction volume for Cardano as the network usage slows down. This…