The Cardano cryptocurrency has seen a significant increase in trading volume in the last 24 hours, with data from various platforms confirming this surge. Despite the heightened activity, the price of ADA, Cardano’s native token, has not experienced a corresponding increase. This disconnect between trading volume and price performance paints a grim picture for ADA
Cardano
In the midst of a significant crypto market crash triggered by the decline in Bitcoin prices, Cardano, like many other altcoins, has taken a hit. However, rather than seeing this as a negative sign, some analysts, such as Alan Santana, view this as an opportunity to purchase Cardano at a discounted price. Alan Santana emphasizes
Cardano, a blockchain platform focused on sustainability and scalability, is gearing up for a significant milestone – the Chang hard fork. This upgrade will mark the beginning of the Voltaire era, bringing on-chain governance to the platform. By allowing ADA holders to vote directly on key decisions, Cardano is taking a big step towards becoming
The recent downturn in the global crypto market has seen a significant drop in the overall market cap, with many cryptocurrencies experiencing a bearish trend. However, Cardano (ADA), the 9th largest crypto by market cap, has managed to defy this trend. According to the Cardano foundation, the blockchain has stood out in July for its
Cardano (ADA) has recently been making waves in the cryptocurrency market, especially in terms of large transaction volume. The market intelligence platform IntoTheBlock has reported that Cardano is witnessing a similar level of large transaction volume as Ethereum. This surge in activity indicates a potential wave of accumulation among the token’s large holders. In the
Cardano (ADA) is currently facing a challenging situation on its weekly chart. Despite the potential formation of an inverted hammer, there is a significant sell wall looming ahead. The inverted hammer typically suggests a possible trend reversal from bearish to bullish, but confirmation is needed with a subsequent bullish candle. Unfortunately, ADA’s technical indicators are
Cardano (ADA) has recently experienced a significant uptick in institutional investment, with a 300% surge in Exchange Traded Product (ETP) inflows. This unexpected influx of capital from institutional investors has caught the attention of market participants, signaling a potential uptrend ahead of the Chang hard fork. According to CoinShares, a leading firm in the crypto
The U.S. Securities and Exchange Commission has made a decision to pause its allegations that the native crypto assets of Solana, Cardano, and Polygon are unregistered securities. This pause comes as part of the ongoing lawsuit against Binance, a prominent crypto exchange platform. The SEC filed a joint status report in the U.S. District Court
Cardano is currently at a crucial juncture with the impending Chang hard fork on the horizon. This development comes after the recent upgrade of its node validation software, signaling a significant milestone for the project. As the Cardano ecosystem prepares for this major update, there has been a noticeable surge in network activity that could
Cardano (ADA) has been experiencing a significant decline in the past seven days, dropping below the $0.41 mark. This drop is part of a broader trend seen across the altcoin market, which has been reacting negatively to the recent downturn in Ethereum. The downward movement is considered a correction from a bullish run that started