Cardano has reached a new decentralization record with a Nakamoto Coefficient of 16, an all-time high, according to tracker Chainspect. ADA price gained nearly 30 % from a low of $0.153 to reach $0.199 on August 4, trading at $0.191 with a 16.92 % weekly increase at the time of writing. Paradoxically, the number of non-empty wallets decreased by 7,070 compared to two months ago, suggesting stronger buyers are absorbing supply while retail confidence has not yet followed. Cardano ecosystem activity includes Leios testnet, Hydra scaling, Mithril upgrades, Pyth integration, and fresh Catalyst funding.
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