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Cardano Network Activity Surges Past 111 Million — Will ADA Follow With a Price Spike?

  • Cardano network activity has surged past 111 million transactions and sees an increase in delegated representatives.
  • Smart Contract deployments on the network have increased with a significant number of Plutus and Aiken scripts going live.
  • Various updates within the Cardano ecosystem were reported, including protocol variant experiments by the Leios team and plans for a Founder Catalyst virtual pre‑accelerator.
  • ADA price has seen a slight increase in the last 24 hours and seven days, trading at $0.57, with potential to recapture the $0.6 resistance level, amidst proposed developments to enhance liquidity and sustainability.

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