Cardano Rebounds Amid Market Pressure

卡尔达诺在市场压力下反弹

Cardano (ADA) has experienced a 40% rebound from its monthly low of $0.3174, but still remains 45% below its highest point of the year. Despite being a leading cryptocurrency, Cardano has faced significant pressure, with its market capitalization plummeting from over $90 billion in 2021 to $15.9 billion at the time of writing.

卡尔达诺（ADA）从月度低点 0.3174 美元反弹了 40%，但仍比今年最高点低 45%。尽管是领先的加密货币，卡尔达诺仍面临着巨大的压力，其市值从 2021 年的 900 亿美元以上暴跌至撰写本文时的 159 亿美元。

Indicators suggest a decline in developer and investor interest. According to DeFi Llama, monthly developer commits have fallen to under 2,000 this month, compared to 3,380 in May and 3,300 in June.

指标显示开发商和投资者的兴趣下降。据 DeFi Llama 称，本月开发者每月承诺数量已降至 2,000 以下，而 5 月份为 3,380，6 月份为 3,300。

Cardano's DeFi applications have also seen a decrease in total value locked (TVL), with ADA deposits declining from a record high of 633 million in December 2023 to 538 million currently. This TVL of $247 million is notably lower than newer blockchains.

卡尔达诺的 DeFi 应用程序锁定总价值（TVL）也有所下降，ADA 存款从 2023 年 12 月的历史新高 6.33 亿下降至目前的 5.38 亿。 2.47 亿美元的 TVL 明显低于较新的区块链。

Unlike other major cryptocurrencies, Cardano lacks the presence of a significant meme coin or decentralized exchange (DEX). Its largest DEX, Minswap, processed less than $1 million in transactions over the past 24 hours, compared to Solana's Raydium with $851 million.

与其他主要加密货币不同，卡尔达诺缺乏重要的模因硬币或去中心化交易所（DEX）。其最大的 DEX Minswap 在过去 24 小时内处理的交易额不到 100 万美元，而 Solana 的 Raydium 处理的交易额为 8.51 亿美元。

Sentiment towards Cardano is waning, with daily volume remaining below $500 million since July 5th. Despite this, smaller meme coins are experiencing higher trading activity.

人们对卡尔达诺的信心正在减弱，自 7 月 5 日以来，每日交易量一直低于 5 亿美元。尽管如此，较小的模因币正在经历更高的交易活动。

Data from Santiment reveals that trader interest has reached its lowest point in months, with concerns expressed over Cardano's underperformance and limited developer activity.

Santiment 的数据显示，交易者的兴趣已降至几个月来的最低点，人们对卡尔达诺表现不佳和开发者活动有限表示担忧。

Additionally, Cardano's staking yield is among the lowest in the market, at less than 3%, according to StakingRewards.

此外，根据 StakeRewards 的数据，卡尔达诺的质押收益率是市场上最低的之一，不到 3%。

Technically, Cardano remains below its 200-day moving average, indicating a potential vulnerability in its current recovery.

从技术上讲，卡尔达诺仍低于 200 日移动平均线，表明其当前复苏存在潜在脆弱性。

However, the crypto fear and greed index suggests a potential shift towards optimism, fueled by hopes of a Federal Reserve rate cut. If Bitcoin sustains its rally and surpasses its year-to-date high of $73,400, ADA price may follow suit.

然而，加密货币恐惧和贪婪指数表明，在美联储降息的希望推动下，可能会转向乐观。如果比特币维持涨势并突破今年迄今的高点 73,400 美元，ADA 价格可能会跟进。