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TL;DR Cardano made significant updates to its protocol, improving core technology, scalability, and governance to optimize its platform. The update from node v.10.1.1 to v.10.1.2 and the DB Sync version 13.6.0.0 improve stability and user experience. ADA experiences an increase in adoption and decentralization, with significant growth in delegators and delegated votes.
The development team behind Cardano (ADA) recently performed major upgrades to the protocol. The upgrades made this week are aimed at enhancing the platform, ensuring smooth operations for users.
The trading volume of derivatives linked to the popular cryptocurrency Cardano (ADA) saw an abnormal spike of 251% today, according to data from CoinGlass. In the last 24 hours, the total turnover of perpetual futures on the ADA token reached a high of $1.45 billion.
Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.
Cardano (ADA) is once again capturing the crypto market's attention, trading at $0.44 after an impressive 18% surge in the last 24 hours and a 23.29% gain over the past week.
Polygon joined Cardano as a top performer, gaining 7.9%.
Cardano's large transactions have surged by 32% in 24 hours and 138.11% over the past week. What does this mean for the altcoin?
The Cardano network has grown to a highly decentralized web3 ecosystem backed by a vibrant community of investors and DeFi developers.
While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market is coasting 2.09% higher than yesterday, totaling $2.57 trillion.
Cardano (ADA) has officially bounced back into the top 10 cryptocurrencies by market capitalization, according to CoinMarketCap data. Cardano has been a mainstay in the top 10 rankings for a while, but it slipped earlier this year, giving way to Toncoin (TON) and then TRON (TRX).
Cardano (ADA) has experienced a significant surge over the past four days, with its price increasing by an impressive 32%. In the last 24 hours alone, ADA has climbed 16%, boosting its market capitalization to $14.932 billion.
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
The US election result, it seems, has influenced the crypto market positively. Almost all the top cryptocurrencies have witnessed growth in the last 24 hours. Among the top ten cryptos, Cardano is the cryptocurrency that has experienced the largest growth in the said period. The ADA price has seen an enviable surge of 16.7%.
Cardano (ADA) has surged by 25% in just three days, breaking the $0.43 barrier for the first time since July.
Cardano's recent performance following the conclusion of the U.S. elections has been outstanding. ADA token has soared by more than 25% in the last three days.
These whales, or investors who hold large amounts of ADA, have started ramping up their activity, sparking excitement among other investors. With ADA's recent price boost, the token has moved back into the top 10 cryptocurrencies by market value, knocking out Toncoin (TON) from that spot.
Cardano (ADA) is on the rise, hitting its highest level in 14 weeks with a big daily jump in price.
Cardano (ADA) price has emerged as a top performer in the latest crypto market surge, recording over 17% growth within 24 hours. This significant price increase aligns with gains seen across various cryptocurrencies, reflecting renewed interest and positive momentum in the crypto space.
ADA is the best-performing top 20 cryptocurrency today (November 8).
Reclaiming the spot of 10th biggest cryptocurrency in the world, Cardano hits a market cap of $12.56 billion. The achievement comes with a 5.24% jump in the past 24 hours, as Cardano's (ADA) price currently trades at $0.3591. Despite a slowdown in the top cryptocurrencies, as Bitcoin drops 0.12% and Ethereum by 0.
The cryptocurrency market cap has declined by 0.82% over the last 24 hours, settling at $2.5 trillion. In parallel, trading volumes have also contracted sharply, down by 32.45% to $129.71 billion. The Fear & Greed Index, at 72, signals “Greed,” maintaining a bullish sentiment despite the recent market cooling.
The sleeping giant seems to have woken up! The third-generation token, Cardano, believed to be dead due to a massive drop in volatility, has begun to attract decent buying volume onto the platform. With the fundamentals strengthened, the bullish momentum is expected to rise, which may positively impact the ADA price in the long run.
Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.
Cardano price continued its strong surge after crossing an important resistance level, and as investors remained bullish on the coin. ADA has risen for four consecutive days and is hovering at its highest level since July. It has surged by 50% from its lowest level this year.
