CARDANO $0.768117 The network caught a dazzling momentum during the month of Öayıs. In the early days of the month, the number of daily transactions falling below 30,000 tested the 50,000 band with the strengthening of the expectation of island ETF approval. Taptols, a chain -top data platform, measured a transaction volume of $ 684.6 million in the last 24 hours. The island price made about 8 %premium in the same time period; Investor interest is growing.
Ada ETF expectation and transaction output on the network
Experts emphasize that the US Securities and Stock Exchange Commission’s upcoming island ETF decision – regardless of the response – is the main trigger of life in Cardano. Even the smallest clue for ETF news leads to sudden operations on the chain; Many sections from corporate actors to individual users are competing to win the position in blocks. The number of daily transfers, based on the 50,000 limit, showed that Cardano could combine with scalability updates and work without clogging.
The sharp increase in network traffic was also reflected in transaction fees. Although the average wages are still low compared to other major blocks, it was an important stress test for recent density developers. While the Stake Pool operators reinstall block dimensions, the community is preparing new decentralized finance projects to turn ETF expectation into an opportunity. The rise in daily active addresses indicates that the wallets that have been silent for a long time have returned to the stage.
Reasons behind the investor trust and price movement
The island has strengthened the price graph by supporting the approximately 8 %rise since the beginning of May. Analysts expect the price of the price of $ 1,20 in the short term in case of a possible ETF approval. The synchronous progress of the price and volume weakens the possibility of false spring caused by shallow purchases. Nevertheless, the presence of macroeconomic risks does not completely eliminate the possibility of sharp retreats.
Volatility remains dynamic in the general crypto currency market, while Cardano’s basic data is relatively stable. Developer’s efficacy is increasing on Github; Smart contract distribution gains acceleration. The content volume that emphasizes the island on social media is moving parallel to the positive course of investor psychology. However, experts reiterate the warning that transaction traffic may quickly return to old levels in case the ETF decision is delayed or negative.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
