It is reported that the network activities and transaction volume of the public blockchain platform Cardano are facing a serious decline. Since January 2022, the minimum standard of trading volume may be caused by the recent price behavior of ADA.

More than a year ago, Cardano's price set a new historical record of $3.09. However, since the data encryption field has been gradually destroyed in the winter of 2021, such coins have now been close to the minimum price.

Because Cardano is still one of the most profitable digital currencies, the downward trend of Cardano is not surprising for data encryption investors. Even so, members of the digital currency team did not expect ADA to start price behavior in October recently.

It is estimated that the main reason for the collapse of coins is the soaring uncertainty. Since last year, there has been an important change in the price of the Kadano coin, which has made investors highly anxious, thus causing the largest trading volume since the middle and late September.

In particular, the sharp decline in Cardano's Internet trading volume may be the result of investors' unwillingness to make the entire ecosystem inactive. Because the highly variable price of coins has a negative impact on investors, they hesitate to invest or buy or sell.

However, in the past four days, Cardano showed a hidden rebound, and its use value increased by 9%. In particular, the currency rebound may be an active data signal, indicating that the duo will still give sufficient sales to repair the original trading position of Cardano.

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