Tag Archives: Cardano (ADA) Price

Cardano’s ADA has seen a remarkable surge in the last few months, more specifically, over 120% in appreciation since October 20. As the coin rises to new all-time highs by what’s left of December, Cardano’s DeFi ecosystem is flourishing as well. Cardano’s total value locked (TVL) surpassed $370 million this Friday, reflecting a 520% growth since the beginning of the year. This growth is mainly driven by a notable increase in decentralized exchange (DEX) activities, more...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and BONK. Ethereum (ETH) ETH’s price booked a 12% increase this past week after it was finally able to escape the ascending triangle that has been forming since 2022. The breakout above $2,150 started this rally, which may not see any significant pullback until $2,500. That is the current target for this move. If buyers remain aggressive, they could aim to take Ethereum to $3,000 after that. Looking...

The latest development report from IOG (Input Output Global) for Cardano reveals a thriving blockchain ecosystem and significant advancements in technology and community engagement. The report outlines key achievements across various facets of Cardano’s development, with the Site Reliability Engineering (SRE) team playing a pivotal role in improving Cardano’s network and keeping up to date with its latest maintenance. These improvements include updating the Cardano node to...

Cardano (ADA) has been one of the top-performing crypto assets in the market and has notched over 25% in monthly gains. The bullish momentum has, so far, failed to retain ground as more than half of all ADA holders are still reeling under unrealized losses as the eighth-largest crypto by market cap struggles near $0.38. According to IntoTheBlock’s latest data, only 35.71% of ADA holders are in profit, a figure notably lower than other leading protocols. The blockchain...

TL;DR ADA’s Strong Performance: ADA has seen a nearly 70% increase in price this year, with experts predicting continued growth in 2024, possibly reaching new highs. Optimistic Predictions for 2024: Twitter user Ali sets a $10 target for ADA by summer 2024, while Dan Gambardello predicts a spike to $11 post-BTC halving, with a potential market cap of $400 billion. 2025 Projections: Analyst FieryTrading suggests ADA could reach $35 in 2025, a significant increase from its...

TL;DR Binance Delists Russian Pairs: Binance will remove 15 Russian ruble trading pairs, including ADA/RUB, SOL/RUB, and XRP/RUB, due to security concerns and low liquidity, aligning with their strategy to exit the Russian market. Strategic Shift: The exchange’s move reflects a compliance-focused strategy, as stated by Chief Compliance Officer Noah Perlman, emphasizing a shift away from Russian operations to focus on other global markets. Cryptocurrency Price Impact: The...

Cardano’s native token experienced an upsurge, alongside various alternative cryptocurrencies, fueled by growing optimism among investors in the broader market. With a remarkable monthly gain exceeding 55%, ADA reached a price level reminiscent of April, briefly touching $0.40 this week. This positive momentum has the potential to boost ADA to surpass a significant resistance level in the near future. New data also indicates that the ongoing consolidation phase closely...

TL;DR ADA, Cardano’s token, has seen a 10% weekly increase, with a 23% rise in address activity and a 32% increase in whale transactions, indicating heightened interest and activity. Price projections for ADA vary, with one analyst suggesting a 40% rise due to transaction volume growth, while another is more optimistic, predicting a surge to almost $10 by the end of 2024. The most ambitious prediction comes from a user who believes ADA could reach $30, buoyed by Cardano’s...

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Since June, Ethereum has formed a large ascending triangle. However, yesterday, the price fell under this formation and closed the week with a 2% loss. This puts ETH in a difficult position as it signals this correction may just be starting. There is good support at $1,440 and ETH may test this level before any sustained recover can be had. So far, the price action remains...

Cardano remained locked in a narrow trading range lately with no volatility in sight. Over the past month, ADA was down by approximately 20%, trading at $0.29 as of now. While this trend has caused increasing frustration among market observers, ADA whales and sharks continued to be resilient. In fact, this cohort of holders has continued to fill their bags with ADA tokens despite the stagnant price action. ADA Whales Show Resilience According to Santiment’s latest analysis,...