Cardano (ADA) Price Soars as Whale Activity Surges
This jump in price comes at a time when whale activity—big investors buying ADA—has spiked by 145% in just one month. Whales are back in a big way, and their actions are pushing ADA's price higher.
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This jump in price comes at a time when whale activity—big investors buying ADA—has spiked by 145% in just one month. Whales are back in a big way, and their actions are pushing ADA's price higher.
The crypto market is witnessing a strong upward trend, fueling optimism among investors seeking lucrative opportunities. Several affordable crypto to buy under $10 have emerged as potential game-changers for generating significant profits.
Analyst Nate Geraci has predicted that ETF issuers will soon file for spot ETF products that will track the performance of Cardano (ADA) and Avalanche (AVAX).
The cryptocurrency industry is abuzz with speculation about the appointment of a potential “Crypto-Czar” in the White House. It comes as President-elect Donald Trump considers creating the role of an advisor to guide federal policy on blockchain and digital assets.
Cardano (ADA), once considered a speculative cryptocurrency, is making headlines for all the right reasons. While many altcoins have been merely riding the coattails of Bitcoin's recent surge, Cardano is carving out its own path.
Cardano's ADA has shown impressive performance, up by 35 percent in the last seven days. The altcoin is currently trading near the $0.77 levels and analysts predict that ADA will soon hit the $1 mark. According to analyst Josh of Crypto World, Cardano is facing resistance at the 50% Fibonacci retracement level, located between $0.
Aave (AAVE): Whales netflow surged by 1,000% this week as they accumulated AAVE, currently priced at approximately $182.95, partly due to interest following Donald Trumps recent election victory. Cardano (ADA): Whales purchased about 130 million ADA, raising the total holdings and boosting the price to around $0.43, with a 25.31% increase, reflecting confidence in ADAs growth potential.
Cardano (ADA) has been catching the attention of investors as it continues its impressive rally, standing out amid broader market declines. Despite a challenging environment for many cryptocurrencies, Cardano has managed to push forward, with ADA's price recently reaching an 18-month high of $0.80.
The Cardano blockchain has witnessed a surge in trading activity over the past few weeks, with price data relaying this trend. Cardano's price increase in the past 30 days has been more than impressive, with its price doubling within this period.
The Cardano price has surged more than 8% to an intraday high of $0.837. This bullish momentum is supported by a combination of rising on-chain activity and technical indicators pointing to further potential gains.
Cardano (ADA) is emerging as a standout, drawing attention due to its increasing trading activity and promising price movements. With weekly trading volumes exceeding $303 billion, altcoins like Cardano, Ethereum (ETH), and Ripple (XRP) are showing significant gains, reflecting a broader resurgence in investor interest and market liquidity.
Bitcoin breaks posted a new all time high on the back of ETF options launch.
ADA has soared past $0.65, XRP is close to $0.9.
Cardano (ADA) has continued to impress the broader digital currency ecosystem after a brief correction spotted over the past 24 hours. Considering its current price outlook, top market analyst Ali Martinez has shared a chart that predicts the price of ADA might reach an all-time high (ATH) of $6 in the coming years.
Jason Pizzino, a Macro trader and investor in crypto in his latest YouTube video has commented that Cardano (ADA) is unlikely to make all-time highs in this cycle. He told his subscribers that ADA is not showing enough market strength so far this cycle, which makes it impossible for an explosive breakout at this point.
Cardano gained 35% on November 10, and the altcoin held steady close to the $0.65 level. The Ethereum competitor token, ADA, is rallying alongside Bitcoin, Ethereum, Dogecoin, and other leading cryptocurrencies, post BTC all-time high on Wednesday.
The price of the popular cryptocurrency Cardano (ADA) adds more than 19% in today's trading on the crypto market. Today's greening can be called a continuation of the festival of green candles on the price chart of the altcoin which, since the beginning of November, has already added 102% to the price.
Ripple was also among the top performers, gaining 11.7% from Thursday.
The price of Cardano has risen by 2.5% in the past 24 hours, reaching $0.5954 and outperforming the crypto market amid speculation that Cardano may partner with SpaceX. The post Cardano Joins Top 10 Cryptos – Will ADA Challenge Solana Next? appeared first on Cryptonews.
This week, we examine Ripple, Cardano, Dogecoin, Shiba Inu, and Sui in greater detail. Ripple (XRP) XRP is quickly approaching $1 and has impressed with a 47% price increase in the past seven days.
The majority of the coins are in the red zone today, according to CoinMarketCap.
The entire cryptocurrency market has experienced impressive growth in the last week. Almost all the top cryptos, including Cardano, have seen growth since the day of the US presidential election. The Cardano market has recorded a surge of 44.8% in the last seven days. Evidently, the recent market performance of Cardano has thrilled its investors.
ADA's on-chain data reveals $0.2 and $1.99 as crucial levels impacting market activity, with possible liquidations or profit-taking pressure.
After soaring 40% in the last 7 days, Cardano price could be getting ready for an extended 100% breakout fueled by speculation of an integration with the U.S. government. Cardano is reportedly among a handful of other crypto networks that could be used to form a blockchain-based voting system.
