Despite Cardano’s expansions, why ADA has stalled at $0.45

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In April, five projects were launched on the Cardano [ADA] blockchain, IntoOutput revealed in a post on X (formerly Twitter).

According to the research and engineering arm of the blockchain, some deployed new scripts. However, others worked on deploying new tokens and some released new versions to improve transactions on the network.

From AMBCrypto’s findings, the project has been consistent in polishing its network. Furthermore, this is one of the reasons its development activity has been thriving and outpacing others. One aspect that could be impacted is the total supply in profit. Out of the 38.84 billion tokens in circulation, 18.88 billion were in profits.

 

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