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news-imageNovember 28, 2024

Cardano (ADA) Breaks Network Growth Records Amid Price Drop, Showing Resilience in Volatile Market

Cardano (ADA) has recently reached new milestones in network growth, setting records for new address creation that have not been seen since June 2023. This surge in activity comes at a time when the broader cryptocurrency market is experiencing significant volatility, with ADA's price briefly surging past the $1 mark before cooling to $0.91.
Publisher: The Currency Analytics
Sentiment: Positive
ADA

More News Articles

Positive
cover-imageCoingape
November 27, 2024

Cardano Price: What to Expect in the Next 90 Days?

Cardano price, a proof-of-stake cryptocurrency, has surged over 200% this November, securing its position as a market leader. The impressive rally reflects widespread bullish sentiment across the crypto sector, reigniting investor optimism and interest in altcoins.

Positive
cover-imageBenzinga
November 27, 2024

Cardano Price Surges Above One Dollar On 200% 30-Day Rally: What Is Going On With ADA?

Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9% Bitcoin $96,015.13 $1.9 Trillion +2.4% +2.2% +39.1% Ethereum $3,560.54 $428.8 Billion +7% +15.9% +42% Trader Notes: Crypto trader Dan Gambardello highlights a wave of optimism surrounding ADA, noting that many holders used this level to take profits, while others see the current consolidation as a setup for further gains.

Positive
cover-imageUToday
November 27, 2024

Cardano (ADA) Hits $1 Milestone: Fibonacci Maps What's Next

During today's trading session on the crypto market, the price of the popular cryptocurrency, Cardano (ADA), has regained the important psychological mark of $1. In total, since the beginning of this month, the price of ADA has grown by 193%, and at its peak it tripled in value compared to what we could see in early November.

Positive
cover-imageBitcoinist
November 27, 2024

Cardano Adoption Now Fastest Since June 2023: Start Of New Rally?

On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA's price. Cardano Has Registered An Uptick In New Addresses Recently According to data from the market intelligence platform IntoTheBlock, the ADA network has been growing recently.

Positive
cover-imageThe Currency Analytics
November 27, 2024

Cardano Price Prediction: Can ADA Achieve a 45% Rally This Week

Cardano (ADA) has experienced a remarkable recovery, surging by 200% in three weeks to reclaim the $1 mark—its highest level since 2022. As the altcoin continues to gain momentum, traders are closely monitoring its potential to rally another 45% and reach $1.5 this week, drawing parallels to its bullish performance in early 2021.

Negative
cover-imageCoinPedia
November 27, 2024

Cardano Price Prediction For November 27

Cardano's ADA is currently trading below the crucial $1 mark and is down by more than three percent in the last 24 hours. The coin is facing resistance at a crucial level known as the “golden pocket.” This resistance is between $1.13 and $1.23.

Positive
cover-imageThe Currency Analytics
November 27, 2024

Cardano Bulls Withdraw $100 Million: Is ADA Ready for a $2 Surge

Cardano (ADA) bulls remain confident, and recent on-chain data suggests that the altcoin may be primed for another rally. In the past two days, Cardano investors have withdrawn a staggering $100 million from exchanges, an indicator that often points to reduced selling pressure and an upcoming upward price movement.

Positive
cover-imageCryptopolitan
November 26, 2024

Cardano implements first ZK smart contract

Cardano has successfully launched its first zero-knowledge (ZK) smart contract on the mainnet, marking a major accomplishment. The transaction was done by Input Output with the use of Halo 2 zkSNARK technology and proves Cardano's focus on innovation and scalability in the field of blockchain.

Positive
cover-imageCoingape
November 26, 2024

Will Cardano Price Rallying Toward $1.5 Soon?

Cardano (ADA) price has surged over 170% this November, emerging as a top performer in the cryptocurrency market. This remarkable rally reflects broader bullish trends across the crypto sector, reigniting investor confidence and interest.

Negative
cover-imageBitcoinist
November 26, 2024

Hoskinson Unveils Next Step Over Cardano And XRP Omission In Wyoming

Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission's recent blockchain network selections for the state's upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission's opaque selection process and raised concerns about potential conflicts of interest.

Negative
cover-imageCoinPedia
November 26, 2024

Cardano Price Drops Below $1: Can ADA Reclaim Its Momentum?

Story Highlights Cardano's price fails to hold its $1 mark. The ADA price records a strong bearish reversal and drops ~14% today. Technical indicators experience a bearish convergence, however, a potential bullish reversal can be expected. The cryptocurrency market has turned bearish this week with top tokens recording a significant drop in their respective portfolios.

Neutral
cover-imageCoinPedia
November 26, 2024

Best Crypto to Buy Now Amid Market Dip

Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.

Positive
cover-imageCryptoSlate
November 26, 2024

Cardano's Charles Hoskinson advocates for Bitcoin-powered DeFi ecosystem

Cardano blockchain founder Charles Hoskinson has shared a vision of building an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.” In a Nov. 26 post on X (formerly Twitter), Hoskinson highlighted his renewed interest in Bitcoin's foundational code while noting that adding a DeFi layer to the top digital asset could restore its innovative edge.

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