Price Stagnant, Usage Explodes... Has Cardano's Re-evaluation Begun?

▲ Cardano (ADA)/ChatGPT generated image

Cardano (ADA) network usage is surging, and 'real demand' rather than price is emerging as the starting point for market re-evaluation.

According to The Crypto Basic, a cryptocurrency specialized media outlet, on April 14 (local time), the possibility of a future price re-evaluation for Cardano is being raised based on the recent increase in network usage confirmed by on-chain data. Analysis suggests that a discrepancy is occurring between the current price level and the actual expansion of utilization, which is not merely speculative trading.

Key indicators include increased transaction activity and expanded utilization related to DeFi. As actual user activity within the network grows, a trend of strengthening utilization-based demand, moving away from a simple holding-centric structure, has emerged. This is considered a factor that could bring about changes in the token valuation method.

In the market, the view is spreading that Cardano's current price does not fully reflect the network's growth rate. Analysis suggests that with on-chain activity continuously increasing while the price remains relatively stagnant, the possibility of a future re-evaluation is rising.

In particular, if the increase in network utilization leads to structural growth rather than a temporary event, there is a prospect that Cardano's valuation criteria itself could be adjusted upwards. The expansion of real-world usage is considered a key indicator from a long-term investment perspective.

Separate from price movements, Cardano is entering a phase where its network fundamentals are strengthening, and the expansion of a real-use-centric ecosystem is supporting the logic for asset value re-evaluation.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*