Cardano (ADA): Key Metrics Jump to Yearly Highs, What This Means for Price

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Cardano (ADA): Key Metrics Jump to Yearly Highs, What This Means for Price
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.santimentfeed Cardano (ADA) soars to yearly highs in key indicators, here's implication for price ADA $ADA CardanoCommunity CardanoADA

Amid the general cascading of prices on the market, on-chain analytics firm Santiment highlights an intriguing development that occurred on the Cardano network as prices fell.

The Cardano capitulation happened more notably than other altcoins during Friday's crash. After prices fell -35% between June 5-9, the buy-the-dip opportunity came when ADA volume, address activity, and social dominance all hit 2023 highs on Saturday.

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