TL;DR: @cardanzo_tools has rebranded to @konnektr_net and moved to https://t.co/JV48lIlMbv
Some context: @TapTools going away is a big loss for Cardano and caused quite a stir in the community but was not a surprise. Looking at #Cardano data all day, most projects are in the same boat: user counts are at all-time lows, engagement is often negligible and some protocols struggle to reach even double-digit daily active users. Low swap volume, or even days with no swaps.
Take old @cardanzo_tools as an example: no project affiliation, no Catalyst or Treasury funds. After 10 months, it has only a few hundred followers and less than 4,000 $ADA in "funding", despite the fact that it's a nice tool, imho, operating at a loss and has been sustained entirely out of pocket. Who does that, right?
This started as a fun, personal project, mainly focused on the data and little on the rest, but the recent spotlight on data aggregators brought attention to the fact that quite a few people disliked the name, evident from comments and private messages, and considered it quite offensive.
The name simply stuck, being offensive was certainly NOT the intention.
Hence, a change was needed and a fresh new start. Our aggregated data can now be found at https://t.co/JV48lIlMbv and @konnektr_net on X, bull-posting #Cardano and Cardano projects. The project is still in development, new things added every day/week.
It would be greatly appreciated if you could share and spread the word. Thank you all 🙏
Our onchain data shows that whale wallets accumulated over 80M $ADA during the last 3 days of market volatility and bearish sentiment.
Whales on #Cardano now hold 25.91B $ADA, a significant share of the circulating supply, despite the recent uncertainty and price action.
CoinBureau @coinbureau setting an ATL (all-time-low) when it comes to crypto journalism.
When dealing with these kind of manipulative stories usually money is involved.
DEXs on #Cradano are doing overtime, the 24H volume is through the roof, and the number of users has doubled. Everything is working as intended. 58M $ADA in DEX volume for the day and counting!
Cardano $ADA is showing its most oversold daily RSI reading EVER, currently sitting at 12, screaming for a BUY BUY BUY.
All this despite the fact that the underlying fundamentals remain intact and key developments and upgrades are on the way.
Textbook psychology, fear takes over, when the opportunity is the greatest!
Hang in there!
$SURF @surfcardano is defying the market crash and
it's the only #Cardano token outperforming even stables today, up almost +50% in the last 24H, trading at 0.617 cardano:native
Hang in there!
https://t.co/Clppw360Ls
$STRIKE just printed a new ATH 🚀
Price has broken above 7 $ADA after an impressive +25% daily move and +55% gain over the past week, now sitting as the #2 token by market cap on #Cardano.
Huge congratulations to @strikeperps and all $STRIKE holders. 🔥
After years of service, @TapTools announcement is a loss for the entire Cardano community. But it's not quite a surprise.
Being in #Cardano data all day, this picture has been forming for more than a year. Most projects are in the same boat: user counts are at all-time lows, engagement is often negligible, and many apps and protocols struggle to reach even double-digit daily active users. Some projects with millions of $ADA in marketcap generate 0 ADA in daily swap volume, sometimes even weekly swap volume. Here's hoping for a short bear market.
Take @cardanzo_tools as an example. NO connection to projects/entities, NO Catalyst funding, NO Treasury, NO VC. After almost 1 Year: less than 500 followers and less than 3,000 $ADA in "funding", despite the fact that it's a nice tool, imho.
But, this started as a fun personal project (out of TapTools' shortcomings actualy, the inability to track some basic token data like liquidity pools paired with assets other than $ADA, token-to-token swaps, or wallets with DeFi positions - and all data that derive from this) and not to make $$$ and has been sustained entirely out of pocket. Who does that, right?
Hence the name that many people dislike 🙂. At the time, the data was more important than a rebrand, and the name simply stuck. Not trying to be offensive!
But I'm quite confident that @TapTools will NOT shut down, someone will step in and continue the project. Quite certain of it.
$NIGHT token is heating up, ahead of the upcoming Midnight hard fork. 🔥
Over the last 7 days, Midnight is up +35%, now trading at 0.18 $ADA. Holder count is up 1K, just shy of 75K wallets, and momentum continues to strengthen.
ATH could be next. 👀
https://t.co/0gctN0bEoy
Cardano never sleeps. From swaps and staking to lending and leveraged positions, there’s always activity across the ecosystem.
We’re tracking all De-Fi operations in one place, making it easier to follow what’s happening onchain in real time.
https://t.co/sUlozBOVjO
$ATLAS @ATLAS_DEFI_ is leading the charts today, up 35% and now trading at 1 $ADA.
$SURF has gained nearly 10%, while $ASCEND and $STRIKE are also posting strong moves.
Perpetuals are hot right now on #Cardano
Our on-chain data shows that #Cardano whales have been steadily accumulating $ADA since the beginning of the year. While the number of whale wallets has remained relatively stable at around 2,850, their total $ADA holdings (red line on the chart) have continued to rise, increasing by an additional 400M $ADA.
How would you interpret this data?
https://t.co/5X5qeIB62k
In the last day or so, an additional 9M $USDCx has been minted on #Cardano, bringing the total $USDCx supply over 24M+ $USDCx.
Fingers crossed for a deeper $ADA / $USDCx pool liquidity on DEXs!
https://t.co/sfVqjoxMzq
$BODEGA @BodegaCardano is up +70% in the last 24H, reaching 0.1 $ADA with more than 2x the normal volume.
The last few days were good for #Cardano tokens. Congrats to all holders! 🚀
https://t.co/d8RIUThoQE