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ETH $2,433.41 +4.94%
BNB $642.33 +3.49%
XRP $1.49 +5.55%
SOL $90.03 +6.47%
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DOGE $0.1010 +5.54%
ADA $0.2647 +6.13%
BCH $455.41 +3.64%
LINK $9.77 +5.33%
HYPE $44.69 +0.24%
AAVE $117.52 +9.03%
SUI $1.03 +5.84%
XLM $0.1729 +7.04%
ZEC $347.89 +2.37%
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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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