The crypto market cap has been stationed at around $3.78 trillion, with the majority of the tokens charted in red. Largest asset, Bitcoin (BTC), is losing momentum, trading below $110K, while Ethereum (ETH), the largest altcoin, is trading on the downside at $4.4K. Among the altcoin pack, Cardano (ADA) has
The market of cryptocurrencies is full of stories about scorching growth. Ethereum (ETH) is an example of a cryptocurrency priced at around $8 at the beginning of 2017. Still, it went over 4,000 in several years, providing its early owners with a 50,000 percent profit. Ethereum, trading at approximately $1750,
Crypto analyst Dan Gambardello has drawn comparisons between Cardano’s current market positioning and conditions that preceded its major rally in 2021. His analysis focuses on ADA’s distance from all-time highs relative to when Ethereum began setting new records during the previous bull cycle. In early 2021, ADA was trading approximately
Cardano (ADA) has experienced a rapid decline, losing nearly 10% in the past 24 hours. Other cryptocurrencies also decreased but ADA has been more affected. As the daily trading volumes increase to $2.5 billion, which is 8% of the circulating supply, long-term holders are reevaluating opportunities. They are now turning
Cardano’s Charles Hoskinson just dropped some major news about teaming up with the XRP community. In a recent AMA, he said he’s been chatting with Ripple’s CEO, Brad Garlinghouse. And thinks it’d be a blast to work together before 2025 wraps up. This comes right after the Midnight airdrop, which
Cardano has declined to $0.85 as its correlation with Bitcoin weakened to 0.51. This decoupling from Bitcoin’s price movements marks a shift from ADA’s traditional pattern of mirroring the leading cryptocurrency’s performance. The reduced correlation occurs as Bitcoin struggles below $115,000, creating conditions where ADA might trade independently of broader
Cardano has approached a critical resistance level at $1.247 that could determine whether the cryptocurrency enters its next bull market phase according to analyst Dan Gambardello. ADA rallied 20% last week following a previous week’s 10% gain, creating a two-week surge of 30% that briefly pushed it past Tron in
The Cardano price prediction is in focus as the token surges over 8% to overcome the $0.75 resistance. However, recent ecosystem developments like Bitcoin DeFi integration and growing ETF optimism show ADA might be up for a bigger move to $8. Meanwhile, a frog-themed meme coin, Little Pepe (LILPEPE), is
Analyst Christopher Visser has identified what he calls a critical breakout opportunity for Cardano, projecting ADA could reach $3.91 if current technical patterns hold. The cryptocurrency trades at $0.8526 following a 9% daily gain and 18% weekly rally, positioning itself near key resistance levels that have contained price action since
Cardano (ADA) has made an impressive rally, breaking through key resistance levels and hitting its highest price point in five months. As per CMC data, the altcoin is trading around $0.9973, which is a major breakout of a long period of consolidation that has characterised its price action in most
