Can Cardano’s dApp activity turn the tides for ADA in 2023

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Can Cardano’s dApp activity turn the tides for ADA in 2023
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Cardano’s dApps, such as MiniSwap and SundaeSwap, showed improvements The number of stakers on Cardano continued to grow, despite declining revenue and prices Despite the freezing crypto winter, dApp activity on Cardano [ADA] improved over the past week. Popular dApps on Cardano, such as Miniswap and SundaeSwap, contributed immensely to the network’s growing ecosystem as […]

Based on DappRadar’s information, SundaeSwap’s volume increased by 30.31% over the last seven days.

According to data from opencnft, the number of NFTs sold on the network increased by 28.48%. The volume of NFT transactions on the network also grew by 46% in the last 24 hours. despite declining revenues. Over the last month, the revenue generated by Cardano stakers decreased by 15.62% over the same period.Cardano was not able to fare well in terms of on-chain metrics.

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