Cardano Drops 13% While Network Activity Jumps 70% Above September Norm
- —ADA fell 13% between the Oct. 6 close and Oct. 8
- —Cardano daily active addresses: 27,500 on Oct. 7 and 27,200 on Oct. 8
- —That is about 1.7x the September weekday average
- —The spike coincided with the Oct. 7 mainnet launch of CIP-0113
Why it matters: Rising on-chain activity alongside a price drop may signal genuine demand, though the trend's durability is still unproven.
Source: Koin Bülteni