Crypto Price Analysis January-31: ETH, XRP, ADA, BNB, and SOL
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
Keep up with what's happening in the crypto world in real-time.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
Cardano price started a fresh decline from the $1.00 zone. ADA is consolidating and might continue to move down below the $0.9350 support.
Cardano has activated its long-anticipated Plomin hard fork, opening what founder Charles Hoskinson describes as “the most powerful blockchain government in the world.” In a livestream titled “Welcome to the Plomin Era,” Hoskinson reflected on the network's decade-long path and explained how its newly enabled governance structures will shape Cardano's future.
Cardano (ADA) price is up 6% in the last 24 hours, bringing its market cap to $34 billion as it attempts to reclaim the $1 level. Despite this short-term gain, ADA's trend remains uncertain, with technical indicators showing mixed signals.
Avalanche (AVAX) and Cardano (ADA) are under bear pressure as market volumes decline. It's a great time to buy into these with DTX Exchange's final token at $0.16.
BlockDAG's TG Tap Miner integrates with OKX, enhancing BDAG rewards for players. Meanwhile, Cardano holds key support levels, and Avalanche eyes a potential breakout.
Cardano (ADA) has recently completed a significant milestone in its journey, the Plomin Hard Fork, which has made the network fully decentralized. This development is crucial because it shifts Cardano into a true decentralized governance model, allowing ADA token holders to vote on key decisions such as network upgrades and treasury spending.
Cardano price is navigating a bull market trend despite ongoing consolidation within a bullish pattern. Notably, ADA has experienced significant movements amidst a modest market upturn, where bulls are attempting a rally.
Cardano's Plomin hard fork recently went live, introducing on-chain governance. The most significant change coming to Cardano with Plomin is the implementation of Delegate Representatives (dReps), who will vote on governance matters on behalf of ADA holders.
Less than 24 hours after the much anticipated Plomin hard fork, Cardano (ADA) has recorded notable price movement on the broader cryptocurrency market. ADA's price registered a 5% surge that saw it trade at $0.97 as investors flocked in.
Cardano remains entrenched in a consolidation phase within a triangle pattern, with critical support at the 100-day MA. The ongoing sideways action suggests that the next phase could be a bullish breakout, contingent on the market maintaining current support levels.
The crypto market is showing signs of recovery, with XRP rivals gaining traction among investors. Ripple price surged 480% in the past year, highlighting the potential for altcoins priced under $1.
Donald Trump has been accumulating Ethereum (ETH) over the past few weeks, causing people to wonder what his plan is with crypto. His World Liberty Financial just another $10 million worth of ETH amid the ongoing downtrend. On the other hand, IntelMarkets (INTL), a relatively new AI-based coin, has risen by over 810%.
BTC added nearly 3% in the past 24 hours after the FOMC meeting, reversing all losses from a Monday bloodbath that saw prices drop as much as 8%.
The Plomin Hard Fork marks a major shift for Cardano, placing governance in ADA holders' hands. Will this drive adoption?
The historical highs are still distant, but there is room for significant growth even in the medium-short term.
Cardano's price might not be moving much right now, but there's huge news. Cardano has just completed a major milestone: the Plomin Hard Fork, which means it is now fully decentralized.
Litecoin, Cardano, and Sui are the hottest cryptos today, with LTC breaking out of a bull flag, ADA forming a BARR bottom, and SUI eyeing a 140% rally.
Cardano has achieved a major milestone with the activation of the Plomin hard fork, marking its transition to fully decentralized governance. The Cardano Foundation confirmed the successful upgrade, granting ADA holders significant voting rights on key blockchain decisions, including parameter changes, treasury withdrawals, and hard forks.
Cardano (ADA) is showing signs of resilience. Currently priced at $0.9424, ADA has dropped by 1.56% over the past 24 hours, but it has seen an overall gain of 5.47% in the past week.
Cardano's ADA has experienced significant volatility over the past week, with broader market turbulence playing a role in its price action. A notable factor contributing to the downturn was China's DeepSeek, which triggered a risk-off sentiment across the crypto market.
Plomin comes just four months after Cardano's Chang hard fork, which put many of the mechanisms in place for Wednesday's upgrade.
Cardano is set to activate the Plomin hard fork later Wednesday, ushering in a new era of decentralization for the blockchain network.
Cardano's Plomin hard fork is set to go live late Wednesday, letting ADA token holders participate in network governance.