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Cardano (ADA), one of the most well-known cryptocurrencies, continues to face challenging market conditions as we approach the end of 2024. Despite its solid fundamentals, the token has been struggling to gain upward momentum, with many other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) also experiencing declines.
Charles Hoskinson, the founder of Cardano, says he is closing out a decade-long journey by sticking to what he does best: laying it all on the table.
With market caps of $119 billion and $30.52 billion, respectively, XRP and Cardano are among the top 10 cryptocurrencies globally.
Cardano price had a fairly good performance in 2024 as it rose by 60%, pushing its market cap to over $30 billion. Charles Hoskinson expects that ADA will have an even better year in 2025, helped by numerous catalysts.
Cardano Founder Charles Hoskinson has broken silence on what he considers his last duty for the blockchain network amid its evolutionary strides. Speaking on X, Charles Hoskinson addressed what appears as some community members' emotional blackmail in general conversations.
The Cardano (ADA) price is set to end 2024 on a quiet note near $0.85, down sharply from its early December highs in the $1.30 area, but still up close to 3x versus its pre-US election levels, which more explosive moves likely in 2025. The post Cardano Price At Risk of Further Downside, But Could It Recover in 2025? appeared first on Cryptonews.
Cardano's price is still declining after failing to break above significant resistance levels on both USDT and BTC paired charts. Yet, there is still a likelihood for further upside in the coming weeks.
Cardano's price remains in a technical bear market, but there are three key reasons why the coin could rebound in 2025. Cardano (ADA) appears poised to end the year trading at $0.
As the year draws to a close, crypto investors are focusing on altcoins to buy for potential 2025 gains. Despite market corrections in 2024, several digital assets demonstrated resilience and substantial performance, attracting significant interest from traders.
The co-founder of Cardano, Charles Hoskinson, got the crypto world excited with just a hint towards the possibility that delimited continuations might be executed into the Cardano blockchain in 2025.
Bitcoin (BTC) continued to slide despite signs of an attempted recovery reaching an intraday high of $94,804 during early trading hours before a rapid decline dropped it to a low of $91,788. BTC is trading at $92,317, down almost 1.33% in the past 24 hours.
Cardano's (ADA) price has been on a steady decline, recently falling to a multi-week low of $0.84. This ongoing downtrend reflects broader market challenges, with investors displaying diminished optimism.
The year is on its final leg as a new one approaches. With prices poised to explode—Q1 market rally—the best coins to invest in for key reasons are Solana (SOL), Cardano (ADA) and DTX Exchange (DTX).
ADA, the native token of the Cardano blockchain, is poised to continue its price decline in the coming days. This decline is attributed to ongoing market uncertainty, the formation of bearish price action, and negative sentiment across the cryptocurrency landscape.
Cardano (ADA), a prominent player in the cryptocurrency space, has been showing signs of bullish momentum, but its price is facing key technical challenges. As 2024 winds down, many investors are keeping a close watch on ADA's price action, wondering whether the asset can break through resistance levels and reach $1.50 or if it is heading toward a decline to $0.70.
Cardano founder Charles Hoskinson has addressed concerns surrounding the ongoing discussions about the governance structure of the Cardano Foundation (CF). The debate gained momentum following public statements from Rick McCracken, a prominent figure in the Cardano community, who raised issues about leadership and organizational transparency.
Cardano (ADA) has faced a notable price pullback after reaching a local high of $1.33 earlier this month following a stellar November, where ADA surged by an impressive 270%.
In the last two weeks, the Cardano (ADA) has faced a significant price decline, dropping 37% and slipping below the critical $1 mark.
Cardano (ADA) price has been navigating a downward trajectory since hitting its peak price of $1.30 earlier in the year. Despite a modest uptick during the Christmas season, the persistent bearish pattern has led investors to reconsider their stakes in ADA.
Cardano (ADA) price has been under significant pressure, declining by 20% over the past 30 days. This downturn highlights ongoing bearish sentiment, with technical indicators suggesting the trend could intensify further.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
In the final hours of 2024, the crypto market remains abuzz with anticipation of what 2025 might hold for crypto assets. Crypto analyst Michaël van de Poppe recently shared his insights on ADA's price action, predicting what might come next for the cryptocurrency.
Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.
Within the last two weeks, Cardano (ADA) has battled declining price value as it struggles to climb above the $1 mark. In early December, ADA, riding on the broader cryptocurrency bullish cycle, hit its highest level.
