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Cardano's 30-day growth rate of 269.5% has grabbed the attention of the entire cryptocurrency community, for the fact that it is the second best-performing among the top ten cryptos after XRP (419.9%). Thanks to Cardano whales. Undoubtedly, the role whales have played in this surge is immense.
The analysts describe how and when the crypto can reach the new milestone.
Cardano achieves 134,000 transactions per second during a $100,000 gaming tournament while its price surges 16%, demonstrating both technical advancement and market momentum.
Cardano (ADA) whales, who have been instrumental in driving the cryptocurrency's price by 270% in the last 30 days, have now sold a bunch of tokens. This sell-off comes ahead of this week's token unlock, which market participants expect will cause volatility.
Cardano has processed over 134,000 transactions per second (tps), marking a significant milestone in the platform's development. Charles Hoskinson, CEO of Input Output Global (IOG), shared his enthusiasm on X, stating, “Not bad Cardano.
Cardano (ADA) was up 16% today and touched $1.28. The cryptocurrency had its biggest 24-hour gain in the last month, which boosted its market capitalization to $44.7 billion.
Cardano (ADA) surged 300% to $1.327 but risks correction with overbought RSI and a $20M token unlock on Dec. 4. Key support lies at $1.088 and $0.886.
The total value locked (TVL) on the Cardano (ADA) ecosystem has soared past the $700 million mark as it recovers from the cryptocurrency bear market that saw it drop to a $50 million low back in November 2022.
Cardano's record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue.
Small holders are selling despite ADA reaching heights not seen in years.
The recent election results have shifted overall market sentiment. Amid this, Cardano (ADA) along with other major cryptocurrencies has experienced a notable rally and has gained significant attention from crypto enthusiasts. Meanwhile, the altcoin has surged more than 272% in upside momentum in the past 30 days.
The total value of crypto locked (TVL) in smart contracts on the Cardano blockchain just surpassed $700 million according to DeFi Llama, a new record high. The post Cardano TVL Blasts to New Record High – Will ADA Become 2024's Top Altcoin? appeared first on Cryptonews.
Cardano price has been attracting considerable attention amid the ongoing bull market showing impressive gains. As the cryptocurrency market experiences a surge following the recent U.S. elections, ADA has emerged as one of the standout performers.
Dan Gambardello, a veteran market analyst and founder of Crypto Capital Venture, is uber-bullish about Cardano (ADA). As one of the most outspoken advocates of ADA, he has forecasted that the coin could swiftly rocket to the ambitious $3 level.
Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.
Blockfrost and Filecoin Foundation are working to integrate Filecoin's decentralized storage capabilities as a backup layer for Cardano apps built with Blockfrost. The post Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab appeared first on Cryptonews.
Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape.
Most of the coins have come back to the green zone after a correction, according to CoinMarketCap.
Cardano Founder Charles Hoskinson has shared a significant spotlight from the recent Hydra Doom testing featuring the community. With plans to host a gaming tournament to test the limits of the Hydra Head protocol, the developer team recently conducted a load test.
Cardano's DeFi ecosystem approaches $700 million in TVL while its native token ADA reaches $1.21, marking a substantial recovery from 2022 lows.
ADA jumped above $1.3 for the first time since January 2022.
Cardano breaks $1 for the first time since 2022 amid bullish momentum, while memeFi token Cutoshi emerges as a high-upside alternative. #sponsored
The crypto market's been on fire lately, right? Since November 5, when Bitcoin kicked off its rally during the US elections, it's been a wild ride. But what's really interesting isn't just Bitcoin—Ripple's XRP, Cardano (ADA), and Stellar (XLM) have been climbing fast, too. The total market cap hit a whopping $3.
The cryptocurrency market continues to surge, one coin that has been capturing the attention of analysts and investors alike is Cardano (ADA). A well-known pundit, Dapp Central, has made a compelling case that now could be the final opportunity for investors to accumulate ADA before it enters a major bull cycle.
