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06/24 04:20

Cardano (ADA) network activity barely changed afte

#World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge Cardano (ADA) network activity barely changed after the Leios Musashi Dojo testnet went live on June 23, with daily transactions flat and active addresses near four-month lows. The launch marks a major step for Cardano’s scaling plan. Yet the on-chain data and social signals tell a more cautious story about whether users have noticed. The Testnet Barely Moved Cardano’s Network Activity The headline event did little to the chain itself. Daily transactions held near 25,000, in line with the past three months, with no lasting lift after the testnet went live. The testnet is the first live trial of a scaling upgrade built for far higher throughput, a step toward a planned 2026 mainnet. Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. The one clear surge came on June 4 and 5, when transactions jumped above 60,000. That spike lined up with a sharp sell-off, so it appears to reflect liquidation activity rather than fresh adoption. Cardano active staking addresses tell a softer story. The count of distinct staking accounts transacting each day fell to about 5,000 on June 21, a 120-day low, against a 7,000 to 8,000 norm earlier in the window. Cardano Activity Versus ADA Price: Dune Fewer active accounts points to thinner everyday demand, which suggests the upgrade buzz has not drawn users back. Note: That figure uses Dune’s stake-address method, so it runs lower than broader trackers that count every payment address. The direction, not the absolute level, is the point. So the network looks quiet, but ADA on-chain data is only one lens. Crowd mood often moves first. Social Sentiment Still Leans Positive Cardano sentiment has held up better than the price slump would suggest. Santiment’s positive sentiment score sits at 8.29, against a negative score of 3.13, so optimism stil

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