DeFi· ★★★· bearish·

Cardano's 1.78M-Transaction Epoch Faces Sustainability Test as Daily Activity Falls to 23K

  • —Epoch 660 saw 1.78M transactions, 13.65% above the 2021 record
  • —Daily peak of 542K transactions on October 8; throughput hit 440 TPS
  • —Daily activity has since dropped to 23,439 transactions and 12,155 active addresses
  • —TVL fell 17.57% to $57.7M; DEX volume down 28% to $6.08M
Why it matters: The record looks like a one-off surge, with falling activity and TVL raising doubts about durable demand for the network.
Source: Cryptonews.net