
Is Cardano’s 500M ADA treasury push enough to reverse ecosystem stagnation?
Cardano [$ADA] ranked among the weakest-performing crypto tokens in the market, losing significant ground since its launch. $ADA plunged to around $0.16 at press time, down from an all-time high near $3.10. $ADA slipped 2.14% over the past 24 hours, while trading volume plummeted 23% to $177.3 million. Price action told only part of the story, though. On-chain metrics did little to strengthen $ADA’s recovery case. Why is Cardano’s network activity so weak? $ADA’s on-chain footprint pointed to real weakness in transaction flow. The Cardano network logged just 21,700 transactions over the past day, a steep drop from roughly 57,000…








