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As more and more people look to the digital asset investment products field, Cardano (ADA) made a name for itself in last week's inflows, standing out from the crowd in a very competitive landscape. According to CoinShares, funds flowing into digital asset ETFs reached $3.23 billion, marking its 10th consecutive week of growth.
Cardano's price has been following Bitcoin over the past few weeks but is yet to create a new record high. Yet, it might do so soon if it is able to take out this one significant obstacle.
Cardano, a leading proof-of-stake cryptocurrency, has witnessed price surge, which is good news for the market. The broader crypto market recovery to earlier this year is drawing in this new wave of investment.
Cardano (ADA) faces the risk of slipping below the critical $1 mark after days of volatile, see-saw price action. Since the weekend, the altcoin has struggled to stabilize, hovering around the same price region.
Charles Hoskinson, founder of Cardano, has presented an innovative roadmap that will guide the development of the blockchain until 2025.
Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.
Over the past few months, Cardano founder Charles Hoskinson has showcased a number of new projects he has been working on. This includes a push to bring decentralized finance (DeFi) to Bitcoin (BTC) and Quantum Hosky.
An on-chain analyst says deep-pocketed investors are loading up massive amounts of Cardano (ADA) and a top memecoin as the market went sideways for the past week. Analyst Ali Martinez tells his 98,800 followers on the social media platform X that crypto whales accumulated $85.6 million worth of ADA in a couple of days.
Cardano's value has declined by double digits over the past week. It currently trades at $1.04, recording an 11% price drop during that period.
Retail investors have reduced their holdings, while whales' growing positions hint at potential bullish momentum for ADA.
Cardanos price skyrocketed 306%, climbing from $0.32 to a high of $1.3 in just one month. As analysts predict a potential surge to $2, critics of the blockchain are rethinking their stance amid ongoing ecosystem challenges and innovative technological upgrades.
Cardano bull and top analyst Dan Gambardello recently spotlighted a major trend in ADA that has won the hearts of the project's skeptics. With the ADA price jumping to a three-year high over the past month, Gambardello said the coin's growth has woken up many people.
Cardano has dropped 9% this week, struggling below $1.12 resistance. However, rising whale accumulation signals the potential for a price rebound despite the declining retail activity.
Cardano founder Charles Hoskinson has heavily criticized the actions of the Wyoming Token Commission. In a recent post on microblogging platform X, Hoskinson did not hold back, ripping into Wyoming Token Commission executive director Anthony Apollo over snubbing Cardano and Ripple in an upcoming stablecoin project.
Whale activity has surged in the last 24 hours, Crypto analyst Ali Martinez has recently observed significant whale activity in major cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during a market dip.
Charles Hoskinson, the creator of Cardano (ADA), has stirred the social media space and community members with an intriguing post. Taking to X, where he has over 1 million followers, Hoskinson updated the community of a meme coin "ace" up his sleeves.
As Cardano (ADA) attempts to maintain its price above the $1 support, OpenAI's ChatGPT-4o has offered several scenarios for the decentralized finance (DeFi) asset on the last day of 2024.
A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week's market dip.
Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Cardano (ADA) has surged over 100% in the past 30 days but has declined nearly 4% in the last week, indicating short-term selling pressure.
Charles Hoskinson, the founder of Cardano and the network's firm IOHK, has unveiled an ambitious roadmap to achieve full decentralization of Cardano by the end of 2025.
In his latest livestream , Charles Hoskinson, founder of Cardano (ADA) and CEO of Input Output Global (IOG), laid out a vision for the blockchain network's governance, institutional structures, and strategic milestones leading into 2025.
Cardano price, a proof-of-stake cryptocurrency, has recently witnessed a significant price increase amid a broader market rally. The altcoin's upward momentum reflects heightened investor interest, paralleling gains in other cryptocurrencies.
