Cardano Faces Growth Challenges As User Base Remains Flat

Quick Summary:

According to IntoTheBlock, the number of addresses holding ADA has remained steady at about 4.45 million for over a year, indicating stagnant growth.

Cardano is struggling to grow its user base amidst increasing challenges from new blockchain platforms like Solana and Base.

Cardano’s number of addresses with a balance has hovered around 4.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: News User Base Flat CARDANO Latest News Growth Challenges

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 03:57:39 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 227 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22084125

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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