Cardano active addresses climb to 28,459 on June 5 as ADA faces selling pressure

Cardano’s network activity rose on June 5, with active addresses reaching 28,459 as ADA traded under renewed selling pressure. The increase in on-chain usage arrived alongside a 2026 high in social dominance and broadly bearish sentiment, while ADA previously touched a local peak near $0.16 on Friday. Separately, a June 30 outlook from Finbold’s AI Agent projected ADA could fall to $0.109 by month-end.