Crypto Reside Information
Following the ETH ETF approval with retail traders switching focus to Ethereum markets, SOL, BTC, and ADA have been struggling for traction amidst a broader market downturn. The Cardano value closed at $0.44 on Could 2024, down by 12% within the final 10 days. Moreover, Cardano pulled 11,970 ADA in complete transaction charges on Could 26, which is 63% decrease than its March 2024 peak of 32,480 ADA. Notably, it’s the lowest day by day transaction charge recorded since 2021. The Cardano stakers might shift to extra worthwhile PoS protocols within the days to return if the revenues proceed falling.
