Why is Cardano (ADA) price up this week?
Cardano active addresses reached a 5-month high after the ASI alliance announced FET token deployment on the ADA blockchain.
Cardano’s (ADA) price rallied by 9% over the weekend after The Artificial Superintelligence Alliance (ASI) announced that their native token, FET, has been deployed on the Cardano blockchain.
This led to renewed interest in the ecosystem, and other on-chain ADA metrics also witnessed significant activity.
On Sept. 7, the ASI alliance announced the deployment of its native token, FET, on the Cardano blockchain, emphasizing the ADA network’s security speed and low transaction costs as its primary reasons.
Cardano active addresses reached a 5-month high after the ASI alliance announced FET token deployment on the ADA blockchain.
Cardano’s (ADA) price rallied by 9% over the weekend after The Artificial Superintelligence Alliance (ASI) announced that their native token, FET, has been deployed on the Cardano blockchain. This led to renewed interest in the ecosystem, and other on-chain ADA metrics also witnessed significant activity. On Sept. 7, the ASI alliance announced the deployment of its native token, FET, on the Cardano blockchain, emphasizing the ADA network’s security speed and low transaction costs as its primary reasons.Read more