Sirlibz
Cardano (ADA), a decentralized public blockchain and cryptocurrency has seen tremendous rise in both Google Searches and online engagement.
Data from Google trends has shown that there is a lot of growing interest on the project and it is at the highest peak since this year. This could only be as a result of expected developments from Input Output Hong Kong (IOHK), a research and development company headed by Charles Hoskinson. With the announcement of Shelly mainnet, the Cardano’s network upgrade which will bring about Staking to the platform has got people making research and reading about ADA.
Cardano is also one of the projects out there with African partnership. They have a partnership with the government of Ethiopia to help develop the Agricultural sector of the country.
DATA SEARCHES.
Analysis from LunarCRUSH shows that about 6,000 social media posts were published which had mentioned Cardano within 24 hours.
The overall media engagement showed that over 10.7 million posts, comments, retweets were made across all social media platforms.
Google trends data has shown that the current search rate for Cardano is at its peak compared to the last 2 years.
Not only has the social media presence and trend increased, the amount of wallet addresses holding ADA also grew. In a recent data report by Blockchain analyst IntoTheBlock, showed that more people are now holding ADA in their wallets, address has also grown amounting to 385,080 late last week.
ADA Bullish??
There’s a lot happening with ADA recently that might suggest a coming Bull rally, some of them as stated in the article. You could also check out this Video below by JRNYCrypto.
