Cardano Eyes Q4 Push – but without chainlink, can momentum last? star-news.press/wp

Main meals

Cardano gained 40 % in the third quarter, but the weak activity on the chain and delaying the integration of Sainlink to maintain Defi growth in waiting.

Cardano (ADA) price shows three consecutive monthly gains.

In fact, since the Q3 began, ADA has risen by 40 % of its 0.57 dollar base, hinting to a possible two -digit leg in September.

However, this price flexibility does not translate into dominance on the chain.

Standardizing the chain despite the high prices

This strengthening, the main standards such as daily active addresses have decreased nearly 100 % over the past three months, while the total closed value (TVL) decreased to half -peak of $ 721 million during the electoral range.

Source: Devillama

This type of difference usually screams potential manipulation.

This explains Kardano’s stuck in a narrow range across multiple time frames. Even with the fixed mother’s flows, it cannot collide with the main psychological resistance, with the basic place feeding the fluctuation ring.

Moreover, it added the location of the derivatives fluctuations.

On August 18, ADA was $ 0.96 while the open interest (OI) was hiking To $ 1.87 billion. After it was a continued, the symbol decreased to $ 0.80, as OI reaches 1.54 billion dollars by the time of the press.

Why does CARDANO integration for Cardano

Cardano works unique.

Unlike ETHEREUM (ETH), Cardano was built on a unique structure with its programming language (PLUTUS) and the unanimous protocol (ouroboros), which makes delivery in things like Chainlink Messenger.

Since Chainlink (Link) is designed for EVM chains, integrating them on Cardano means additional Dev glue, custom transformers and higher costs.

Cardano Charles Hoskinson maleand

“Chainlink gave us a ridiculous number (price) for integration,” adding that Sergey Nazarov knows he is sitting on a golden egg. “

Source: Artemis Station

The result?

Slow down on the series activity And a number less than the Defi projects that are running live, because access to reliable Oracle data (a major piece of smart contracts) is more difficult and more batch to access, something that Chainlink can provide.

To get out of this recession, Cardano will need a compromise.

Meanwhile, ETHEREUM, which works with Chainlink data, gained approximately $ 10 billion in TVL in August, leaving Cardano backward and making integration is important for ADA survival.