$ADA is getting close to reaching 700,000 users on its subreddit, showing fundamental growth of the ecosystem
with no support for decentralized applications, which became a major factor for the further development of the network.
While the rising number of reddit users may not reflect the positive sentiment of ADA traders or investors, it is still a strong fundamental factor that speaks in favor of the growth and rapid development of the network.Despite the fundamental growth of the project, Cardano is still failing to bring positive market performance to the table with the network's underlying cryptocurrency losing over 80% of its value since September and yet failing to enter a recovery rally.
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