<ul><li>Cardano’s Network Value to Transactions (NVT) ratio has spiked to its highest level since June, indicating decreased on-chain activity relative to ADA's price growth.</li><li>Elevated NVT ratios in the past have preceded price pullbacks, suggesting a potential downside for ADA.</li><li>Analysts observe similarities to Cardano's 2020 pattern, predicting a potential surge around November 18 and a peak by September 2025.</li><li>The combination of a rising NVT ratio and reduced on-chain engagement raises concerns for ADA investors, highlighting the need for increased transactions and user engagement.</li></ul>

Cardano’s Soaring NVT Ratio Signals Possible Price Correction Amidst Decreased On-Chain Activity

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