Cardano (ADA) Dey See Sharp Drop for Network Activity and User Engagement as Technical and On-Chain Wahala Dey Heavy for Price Outlook
Cardano (ADA) don experience big change for how e network dey function these last few months. Before, dem get strong network activity like 840,000 transactions and people still dey use am well, but recent data from June 2025 show say e don drop sharply. Daily active addresses don fall to 9,039, which be 87% drop from the 71,000 peak for April, meaning say people no dey engage like before, demand don go down. This drop come with big fall for ADA’s 30-day Market Value to Realized Value (MVRV) ratio—from +240% to +21.32%—which show say holders no dey get much short-term profit. Mid-size investors wey carry 1M–10M ADA dey reduce their holdings slowly, while na only the big big addresses dey small accumulate, meaning say e be like redistribution stage without fresh optimism. Also, development work, wey before be one big plus for Cardano, don hit lowest point for over one year. Technically, ADA still dey stuck for small range ($0.66–$0.67) below important moving averages, showing bearish market structure and small chance to breakout unless volume or demand increase again. Meanwhile, other blockchains like Solana (SOL) don get better user activity during the same time. Unless Cardano network activity and development bounce back, looks like ADA price go remain in small range with limited upside for traders soon.
Bearish
Recent development dem dey show say Cardano (ADA) ecosystem dey weak well well. The heavy drop for daily active address dem plus sharp decrease for MVRV ratio dey signal say users no too dey engage again, demand dey fade, plus short-term profit for ADA holders don reduce. The drop for development activities wey before be one of Cardano strong area bring worry for network health and future adoption. Mid-tier holders still dey sell, big account no dey collect much, plus technical resistance and low volume still dey show say the market sentiment still bearish. If network engagement and development no bounce back, e mean say ADA go likely dey do range-bound trading with small room for up movement. All this sign dem dey point ADA to bad outlook both short and long term.