Cardano: Despite demand at $0.4, here’s why ADA’s path to recovery seems bleak

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.There have been some positive developments behind Cardano in the past few days.

The Cardano community had voted on the Project Catalyst Fund seven back in March and will soon be voting on Fund eight. This venture will be used to develop the Cardano ecosystem, with a particular focus on the NFT arena.Another bit of positive news was that, in April, addresses holding ADA rose to an all-time high of 5.2 million.

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