Cardano tops BTC and XRP trading on Bitvavo, but price falls 3.6%
- —ADA 24-hour volume on Bitvavo was about €14 million, versus €8.5 million for BTC and €8 million for XRP
- —Cardano's share of total Bitvavo volume doubled from 9% to 17% in a day
- —Among new users, ADA's share jumped from 15.84% to 24.26%
- —ADA fell 3.6% to $0.25 and is down 8% since Monday
Why it matters: Rising volumes and network activity failed to lift the price, with demand driven mainly by retail — a weak signal for a sustained reversal.
Source: Crypto Insiders