$ADA

The price of Cardano has been stagnant for several weeks, but the network is receiving strong support from retail. ADA reached 115 million transactions on-chain this week, and the Cardano network has avoided any damage from AWS outages.

There is still a lot of support from the community, as evidenced by Cardano's market capitalization and the high percentage of staked tokens. Whale activities may be dampening its upward momentum, but there could be other explanations.