Cardano experiences an 18% price decline due to reduced network activity

Cardano (ADA) is currently priced at 0.88 USD, with resistance at approximately 0.92 USD. There are 58,470 addresses holding a total of 951 million ADA, yet engagement is noticeably declining.

Active addresses have decreased from over 51,000 to 32,700, indicating lowered user activity. If bearish trends continue, the price may decline further to 0.77 USD or even 0.55 USD.

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