Coin Bureau: ADA will fall

The window it was checked over

ADA closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

surpassed 3.5 million wallets way back in May by contrast Ada stats statistics seem to line up with the Ada distribution statistics on sexplorer which show that there are only around 2.5 million wallets actually holding Ada obviously this is not a good sign but I reckon you'd see similar statistics on most cryptocurrency blockchains in the depths of a bear Market the fact that the number of monthly dap users on cardano has held steady suggests that those inactive cardano wallets weren't adding much value anyways although Ada is likely to continue declining until we hit the true bear Market bottom its long-term performance ultimately depends on cardano's upcoming Milestones note that you can find out when the crypto bear Market bottom could be using the link in the description now as I mentioned earlier cardano has an official roadmap consisting of five stages we're currently in the fourth stage called Basho which focuses on scaling that is going fast one of the few remaining milestones in Basho is a scaling solution called Hydra which will start being rolled out next year additional Milestones include the introduction of various side chains such as the aforementioned midnight as well

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