Cardano has seen its price plummet along with the crypto market as the bears continue to exert control over the space. This has seen the altcoin’s value lose multiple important support levels. But an end could be in sight for the struggles the digital asset has had to face.
Leading The Game In Development
The Cardano network continues to see a bubbling community of both stakeholders and developers, both of which could spell another recovery trend for its native token ADA. The blockchain has once again emerged in the top 3 for the network with the most developments.
According to the report from Santiment, Cardano is number 3 on the list of most developed assets, following behind Polkadot (DOT) and Kusama Network (KSM). This would also explain the recent Total Value Locked (TVL) milestone the network celebrated.
Back in July, the Cardano network crossed 700 million ADA staked across decentralized finance (DeFi) protocols. But the…