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Cardano: ADA Surge and 38% Increase in Active Addresses

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by Giorgi Kostiuk

6 hours ago


Amidst the recent surge in Cardano's price, user activity on the network has significantly increased. The launch of new solutions has led to a notable rise in unique addresses.

ADA Price Growth and Trading Activity

Cardano reports that ADA reached an intraday high of $0.7542 and then settled around $0.7516, marking a 2.17% increase from the previous session. The overall trading volume was $1.26 billion, indicating strong trader interest in ADA.

Impact of Emurgo Card on the Ecosystem

The issuance of the Emurgo Card has spurred interest in the project, increasing the number of active addresses to over 38,500. This highlights how new solutions contribute to network growth and user engagement in DeFi and real asset tokenization.

Insight on Remittix and Its Prospects

While Cardano news dominates the headlines, the Remittix project also draws attention. It raised over $16.3 million by selling 553 million tokens at a price of $0.0811. Remittix has demonstrated its viability and capability to provide useful features in the cryptocurrency sector.

Currently, Cardano is showing critical growth signals, while new projects like Remittix demonstrate the potential for attractive entry points.

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