Despite the ongoing wave of bearish price action for Cardano (ADA), the token appears to be attracting a notable amount of adoption and attention. Large capital is currently being moved in the leading network and altcoin, particularly from institutional players.
Are Institutions Betting Big On Cardano?
Lately, Cardano is experiencing a fresh influx of capital as the market continues to fluctuate. These massive capital inflows, which are coming from institutional investors, mark one of the most crucial turning points in its market dynamics and trajectory.
Specifically, the growing institutional activity is confirmed in the average transaction size being executed on the blockchain. Mintern, the Chief Meme Officer (CMO) of Minswap and market expert, highlighted that the network