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ETH $2,299.65 -3.17%
BNB $626.30 -1.61%
XRP $1.40 -2.28%
SOL $84.73 -2.68%
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ADA $0.2478 -1.83%
BCH $449.20 -1.31%
LINK $9.30 -2.09%
HYPE $41.60 -2.21%
AAVE $97.39 +0.79%
SUI $0.9329 -1.60%
XLM $0.1659 -3.02%
ZEC $356.03 +0.30%
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Data: The NVT ratio of Cardano has risen to its highest level since June

2024-10-29 18:38:59
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ChainCatcher news, according to IntoTheBlock, the NVT ratio of Cardano has risen to its highest level since June, indicating that on-chain activity has decreased relative to price growth.

Historically, the NVT ratio tends to rise before a price pullback. Without more on-chain participation, Cardano's price may struggle to maintain momentum.

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