Cardano Mid-Term Holders Continue to Exert Buying Pressure on ADA Price, Here's How

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Cardano Mid-Term Holders Continue to Exert Buying Pressure on ADA Price, Here's How
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Cardano short- and medium-term holders maintain buying pressure on ADA price CardanoADA

, IOHK noted finality and concurrency as important metrics to consider when discussing scalability. It notes that TPS is probably the least meaningful metric to consider as a means of comparison as scalability is not defined in terms of a million TPS.recent report notes a surge in network activity and a massive uptick in adoption since late 2020. It notes that ''Cardano saw a massive uptick in adoption starting late 2020 and throughout the course of 2021.

Since the beginning of 2022, the number of Cardano wallets has increased by roughly 13.08%, growing from 2,666,372 on Jan. 1 to 3,015,400 on Feb. 7, a total increase of 349,028.

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