Cardano Price Prediction

Cardano’s price has risen by 1.5% in the last 24 hours, tracking a 2% rise in the cryptocurrency market overall. It’s basically flat in the last week at $0.315694, but down 15% in the last 30 days.

Such drops, however, are part of the market-wide decline that crypto has seen since the FTX collapse last month, with Cardano having more reasons to be optimistic. According to new data, the layer-one blockchain network leads the rest of the ecosystem in terms of development activity, with more daily GitHub commits than other platforms on most days of the week.

And, with the platform’s ecosystem expanding by the week, such data points to a bright future for Cardano as one of the busiest and most popular layer-one blockchains.

As a result, ADA appears to be significantly underpriced at the moment, with significant rallies expected once the market returns to more bullish conditions.

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