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Price Performance of Cardano (ADA) After Smart Contract Launch: Adoption Rate and Market Reaction
Cardano's smart contract launch marked a significant milestone, but its price performance has been mixed. While initial excitement drove a price surge, adoption rates have been slower than expected. Market reaction has been cautious, with investors waiting for tangible growth in decentralized applications (dApps) and user activity. Long-term price trends will depend on Cardano's ability to attract developers and users to its ecosystem.