COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- While Bitcoin price has seen a 77% increase, ADA has only shown a 20% growth since the beginning of the year. Although ADA couldn’t carry its value as much as BTC, the blockchain has been successful in several areas.
- Although ADA couldn’t carry its value as much as BTC, the blockchain has been successful in several areas. For example, the performance of the blockchain in the DeFi sector was commendable.
- Cardano’s network activity has decreased in the past few weeks. This was clearly evident from the decrease in daily active addresses since the beginning of July.
Cardano network is making valuable progress in terms of TVL, but the same developments did not apply to the blockchain and ADA price.
How is the Cardano Network Progressing in 2023?
Last week, the crypto market did not experience much volatility, and the price movements of most coins remained calm. However, taking a broader look at market conditions allowed us to better understand how cryptocurrencies like Cardano performed in 2023. While the blockchain was successful in some aspects, its performance in other areas was not at the desired level.
According to the Cardano data published on August 14, the market remained in place despite fluctuations for a week, but slight movement was observed. However, when taking a broader look at the market since the beginning of 2023, things looked very different. While Bitcoin price has seen a 77% increase, ADA has only shown a 20% growth since the beginning of the year.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Although ADA couldn’t carry its value as much as BTC, the blockchain has been successful in several areas. For example, the performance of the blockchain in the DeFi sector was commendable. Cardano’s Total Value Locked (TVL) has been on an upward trend since the beginning of the year.
TVL is the total value of all assets invested in a DeFi protocol that generates economic activity. Therefore, an increase in this metric indicates an increase in the value of the network. In addition, the volume of DEX (Decentralized Exchange) has remained relatively stable over the past few months.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |

Not only that, but the blockchain’s development activities have remained at a high level. This was reflected in Cardano’s Mithril mainnet upgrade a few weeks ago. The Mithril upgrade reduced the time required for nodes to synchronize with the blockchain. The latest update aimed to increase the scalability of the blockchain under the BASHO Era.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
Cardano needs to progress in specific areas
While growth has been achieved in the mentioned areas, Cardano’s network activity has decreased in the past few weeks. This was clearly evident from the decrease in daily active addresses since the beginning of July. The decrease in active addresses also affected the daily transactions of the blockchain and followed the same trend.

ADA’s social performance was also not at the desired level. Data showed that after an increase in June, ADA’s social interaction started to decline. The same was true for social mentions of the token. In addition, investors’ confidence in the token also decreased as bullish sentiment dropped by more than 77%.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |