Cardano Price Prediction: ADA Funding Rate Plummets to 16-Week Low Despite CIP-0113 Mainnet Launch
Key Highlights Cardano (ADA) dropped 4.84% to trade at $0.239, extending its decline to 14% since October 6. The ongoing price slump has pushed ADA’s funding rate down to its lowest level recorded since late June. Despite the downward price action, the network’s active address metrics present an underlying divergence against the broader trend. Cardano ...