Despite the positive development in the ecosystem, a look at ADA’s metrics suggested darker days ahead. Most metrics pointed in the direction of a price decline.
For instance, ADA’s 30-day Market Value to Realized Value Ratio registered a downtrend, suggesting that the price could fall further in the days to come. ADA’s volume also followed a similar pattern and decreased considerably over the last week. However, at the time of writing, the volume registered a slight uptick. Not only this, but ADA’s development activity also declined. This too could be considered as yet another red flag for a blockchain, as it reflected reduced efforts of developers to improve the network.LunarCrush recently revealed an interesting development on Twitter. According to the tweet, ADA was among the top cryptocurrencies on the platform in terms of trending searches.
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