Cardano at a Crossroads: Extreme Sell-Off Meets Contrarian Opportunity

The Cardano (ADA) network, ranked as the world’s third-largest Proof-of-Stake blockchain, is facing intense market pressure. ADA’s value has deteriorated significantly in recent weeks, approaching its lowest point in a year. As investors capitulate and technical indicators flash deep red, on-chain metrics are telling a different story. Meanwhile, founder Charles Hoskinson has unveiled “Midnight,” a new strategic initiative. The critical question is whether this marks a potential turning point or merely the beginning of a deeper downturn.

Beneath the surface of pessimistic price action, a compelling narrative is emerging from blockchain data. Analytics platform Santiment reports a dramatic metric: the 30-day Market Value to Realized Value (MVRV) ratio Read more...