Here's how extraordinary Cardano network reacted to FTX crash cardanoada cardanocommunity cardano ftx ftt ftxcrash alameda $ftt $ada
, the Cardano network experienced a spike in activity on the day that major crypto exchange FTX went bust. Thus, the number of new addresses on the network reached 10,360 on Nov. 8, a record high in recent months, when the average was less than 1,500 per day.
Another crypto analytics portal, Santiment, estimates that the number of active addresses on theAmong unusual changes was the increase in the number of transactions on the network that day, which had reached 391,805, about two and a half times the standard number.ADA's price behavior over the past three days since the hurricane of what was once one of the largest crypto exchanges can safely be described as quite encouraging.Having lost about 22% in price from Nov.
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