Cardano Whale and Shark Wallets Reach 16-Month Peak Amid Bear Market, Reports Santiment
Despite Crypto Market Slowdown, High-Value Investors Amass Significant Amounts of Cardano (ADA), According to Santiment Blockchain Analytics
Santiment Analytics reports a rise in wallets holding 100,000 or more ADA tokens, reaching 25,294 – a level last observed in April 2022. This growth in Cardano whale wallets comes even as the cryptocurrency has seen a 35% decline from its 2023 peak four months prior, amidst prevailing negative trader sentiment.
Currently, ADA is priced at $0.28, reflecting a 2.8% decrease over the past 24 hours.
Santiment observes surprising trade volume spikes in various altcoin projects. As Bitcoin surpasses the $30,000 mark to kick off the week, assets such as Solana, Pepe, Shiba Inu, and HarryPotterObamaSonic10Inu are witnessing significant growth. Stay updated on each project's volume trends here
Santiment Monitors GitHub Development Activity: Chainlink (LINK) Rejoins Top Five Blockchain Projects
Here's a rundown of the top 10 crypto assets based on development activity and significant GitHub commits over the last 30 days:
- Polkadot DOT (Tied for 1st)
- Kusama Network KSM (Tied for 1st)
- Cardano ADA
- Hedera HBAR
- Chainlink LINK
- Internet Computer ICP
- Status SNT
- AptosLabs APT
- Vega Protocol VEGA
- Cosmos ATOM
Aug 17, 2023
