coingape.com
- Cardano is stuck in consolidation above $2 despite key development milestones.
- Terra almost closed the gap to $40, but overhead pressure soared, leading to an ongoing retracement to $36.
Cardano stabilized above $2 in the last week, with its frequent recovery attempts ending unsuccessfully. Nonetheless, Cardano’s development activity is on an upward trajectory, with stablecoins likely to come to the ecosystem in the future.