Cardano Achieved 3 Milestones This Week: Will ADA Price Follow?
The post Cardano Achieved 3 Milestones This Week: Will ADA Price Follow? appeared on BitcoinEthereumNews.com.
Cardano’s price has been stagnating for several weeks, but the network has strong retail support. ADA reached 115 million on-chain transactions this week, and the Cardano network avoided any damage from the AWS outages. There’s still a lot of community support, as evidenced by Cardano’s market cap and high rate of staked tokens. Whale activity may be blunting its forward momentum, but there could be other explanations. Sponsored Sponsored Why is Cardano’s Price Lagging? Cardano attracts a lot of community hype, and for good reason. In the last few days, the proof-of-stake blockchain network has reached a lot of milestones. Although ADA’s token price hasn’t reacted much, on-chain analysts noted that Cardano’s user activity is through the roof. MILESTONE: Cardano $ADA has surpassed 115,000,000 transactions on mainnet. Real transactions from real users. You can view them all on Cexplorer 😎 pic.twitter.com/WjdbCmBRKi — Cexplorer.io 🅰️ (@cexplorer_io) October 23, 2025 This activity can be measured in several key ways beyond on-chain transactions. Cardano holders are staking 21.8 billion ADA tokens, which is 57% of the total supply. In other words, the community has a strong faith in the altcoin, hoping to earn passive income from Cardano in addition to benefiting from price increases. Furthermore, the recent AWS outages showed that the blockchain has real decentralization. Although major industry leaders like Ethereum and Coinbase saw persistent problems during this period, highlighting their centralized infrastructure, Cardano remained strong: Sponsored Sponsored Despite these advantages, we have to talk about the elephant in the room. Although Cardano’s market cap has shown remarkably consistent competitiveness over the last several years, its price has been lagging behind for weeks. Cardano Price Performance. Source: CoinGecko A Case for Whale Activity A few competing theories have arisen to explain Cardano’s price doldrums. For one thing, large holders can be a…
Filed under: News - @ October 23, 2025 7:27 pm