Krutika Adani
Cardano's price might soon enter a rally supported by high developmental activity, high TVL gains, and robust on-chain performance.
In the past couple of years, Cardano has been one of the top 5 blockchains in terms of high developmental activity.
Cardano's TVL has risen in the last year, reaching a peak of $490 million in March 2024.
The blockchain has witnessed a significant adoption among retail users who control 91% of the ADA supply. This saves the crypto from whale manipulation.
Cardano has witnessed good price growth in the last ten days, rising 40% to $0.44 at press time.