Cardano Sits at 2020 Lows, But 2 On-Chain Signals Point to a Relief Rally

Cardano (ADA) on-chain activity spiked for the second time this month, with daily active addresses and social dominance climbing. The uptick came as the token traded near December 2020 price lows. ADA has fallen nearly 41% over the past month, outpacing the broader market’s 19.9% decline. Cardano Activity Surged as the Token Hit Five-Year Lows