DevActivity
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๐จ Dev Drop Shocker! #scamriskwarning
Blockchain Developer Activity Is in Free Fall ๐
Fewer coders = Slower upgrades = Risky future for some projects.
Are we heading toward a tech slowdown in crypto? ๐ค
๐ ๐ ๐จ๐ฅ๐ฅ๐จ๐ฐ ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐
#CryptoNews #blockchain #altcoins #DevActivity
Blockchain Developer Activity Is in Free Fall ๐
Fewer coders = Slower upgrades = Risky future for some projects.
Are we heading toward a tech slowdown in crypto? ๐ค
๐ ๐ ๐จ๐ฅ๐ฅ๐จ๐ฐ ๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐
#CryptoNews #blockchain #altcoins #DevActivity
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โจ Cardano $ADA technical surge โ XLM achieves double-digit growth thanks to DeFi upgrade!
๐งฑ Rapid market reaction
ADA price surged nearly +7% in a day, surpassing Ethereum (ETH) (+5%), trading around $0.66โ0.67 currently testing the resistance zone of $1.
Although this year ADA has been weaker $ETH after the ATH in 2021, the upward momentum is evident as the network becomes active again.
๐ ๏ธ Platform upgrade & increased on-chain activity
Developer activity in Cardano ranks 4th in the world, higher than Ethereum (#13), reflecting a commitment to building sustainably rather than following the trend.
The number of active addresses increased by 24.6%, while Ethereum decreased by 14% last week, indicating new capital is flowing into ADA AInvest.
๐ Technical analysis & forecast
ADA is strongly testing around the $0.66โ0.70 range (~EMA/MA20โ50). If it breaks through, it could aim for $0.70โ0.72 (an additional ~10โ15%), according to forecasts by the end of July.
Staying above the $0.54โ0.56 range is crucial; if it breaks below, the next support target is $0.50.
๐ฏ Quick summary:
Cardano is experiencing a strong technical recovery, supported by a surge in developer activity and on-chain activity โ a sign of truly sustainable fundamentals.
The price range of $0.66โ0.70 is the main challenge; if it continues to break through, the short-term target is $0.70โ0.72, and further can aim towards $1.
Investors should pay attention to the breakout of the $0.70 range and maintain support at $0.54โ0.56 to determine the next trend.
#Cardan #ADA #OnChain #DevActivity #BinanceSquare
๐งฑ Rapid market reaction
ADA price surged nearly +7% in a day, surpassing Ethereum (ETH) (+5%), trading around $0.66โ0.67 currently testing the resistance zone of $1.
Although this year ADA has been weaker $ETH after the ATH in 2021, the upward momentum is evident as the network becomes active again.
๐ ๏ธ Platform upgrade & increased on-chain activity
Developer activity in Cardano ranks 4th in the world, higher than Ethereum (#13), reflecting a commitment to building sustainably rather than following the trend.
The number of active addresses increased by 24.6%, while Ethereum decreased by 14% last week, indicating new capital is flowing into ADA AInvest.
๐ Technical analysis & forecast
ADA is strongly testing around the $0.66โ0.70 range (~EMA/MA20โ50). If it breaks through, it could aim for $0.70โ0.72 (an additional ~10โ15%), according to forecasts by the end of July.
Staying above the $0.54โ0.56 range is crucial; if it breaks below, the next support target is $0.50.
๐ฏ Quick summary:
Cardano is experiencing a strong technical recovery, supported by a surge in developer activity and on-chain activity โ a sign of truly sustainable fundamentals.
The price range of $0.66โ0.70 is the main challenge; if it continues to break through, the short-term target is $0.70โ0.72, and further can aim towards $1.
Investors should pay attention to the breakout of the $0.70 range and maintain support at $0.54โ0.56 to determine the next trend.
#Cardan #ADA #OnChain #DevActivity #BinanceSquare
Here are crypto's top ETH-based coins ranked by developer activity.
Arrows show how each projectโs rank has shifted since last month.
#DevActivity #Cryptoprojects #BlockchainDev
Arrows show how each projectโs rank has shifted since last month.
#DevActivity #Cryptoprojects #BlockchainDev
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