Cardano (ADA) has been making significant strides in the crypto market recently, driven by broader bullish momentum and a surge in whale accumulation. Just a few weeks ago, Cardano spiked to a multi-year high of $0.8466, a level not seen since April 2022.
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The next few weeks are crucial for ADA as it navigates altcoin trends and Bitcoin's potential correction. Reaching $1 could be the catalyst it needs.
Ali Martinez, a technical and on-chain analyst, has recently shared a thread on X highlighting Cardano's nearly 200% surge in the last three weeks. However, he remarked that this is nothing compared to what is coming. Amidst a broader market optimism and altcoin gaining momentum, Cardano looks all poised to rally to new highs.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 43% over the past week and over 140% in the last 12-month period amid a wider cryptocurrency market rally. ADA's surge was notably accompanied by a rise in whale transactions.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
Cardano (ADA) has been one of the crypto market's top performers in November. In just one month, ADA has rallied by more than 120%.
Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest.
TL;DR Cardano (ADA) hits its highest price since May 2022, surpassing 90 cents. Big investors are accumulating ADA, with over $12 billion in the hands of whales. On-chain activity and institutional interest point to a possible stability in ADA's rally.
Cardano has been rising since the day of the US election. With some corrections at important levels of Fib, ADA has surged by 189% in the last 16 days. The token was at this price last in May 2022 when the market was falling. It had fallen from an ATH of $3.
Analysts expect the 2017 bull rally to occur again as Cardano (ADA) and XRP prepare themselves for the season. Both coins are gaining support and are increasing the probability of new investors coming into their respective ecosystems. While these giants prepare for another potential breakout, all eyes are on one emerging star: Rexas Finance (RXS).
Cardano (ADA) has been one of the standout performers in the crypto space over the past month, showing a remarkable surge in its price. Over the last 30 days, the price of ADA has more than doubled, and it is currently trading at its highest point of the year.
Cardano's price smashes new yearly highs at $0.92 for the first time since April 2022. Then the price continued to drain as the markets were stuck within a rising bear market, but now they are at the foothill of a huge bull run.
Cardano (ADA), the ninth-largest cryptocurrency, is setting its sights on the $1 mark, reaching highs of $0.919 in today's trading session.
Cardano price has soared to new heights in the last 24 hours, riding a wave of optimism in the cryptocurrency market. ADA has reached a two-year high, breaking multiple resistance levels, fueled by increased investor interest and a broader market rally.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
On November 20, crypto whales offloaded significant amounts of Cardano (ADA), disrupting its bullish momentum. However, the narrative shifted today as the Cardano whales' accumulation has taken center stage.
ADA price jumped 11.46% in a single day, reaching its strongest level since May 2022, driven by $12 billion in whale accumulation.
Cardano's (ADA) latest performance has been nothing short of impressive, reaching $52.26 billion in transaction volume this week—a new seven-month high. This surge is not only a testament to Cardano's growing presence in the blockchain space but also reflects a major increase in whale activity, with over 8,900 large transactions exceeding $100,000.
XRP and Cardano lead an altcoin surge as Bitcoin consolidates, signaling a redistribution of profits and market focus.
Cardano is gaining bullish momentum as the crypto market continues to hit higher highs and Bitcoin is inching closer to the $100,000 mark. With the third bullish week in motion, the ADA price is nearing the $1 milestone. Will the ongoing bull run in the ADA price trend achieve the $1 milestone? Let's find out.
Cardano (ADA) has been on an impressive streak, climbing 35% over the past week and currently trading near the $0.77 mark. With a promising technical setup and strong market sentiment, ADA seems poised for further gains.
On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.
Cardano price continued its strong comeback this week as Bitcoin approached the important resistance level at $100,000. The ADA token jumped to a high of $0.90, its highest level since April 2022. It has risen in the last three consecutive weeks and by over 275% from last year's low.
Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed.
The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 41% over the past week to now trade at around $0.8 per token, giving it a total market capitalization above the $28 billion mark.
Cardano (ADA) price has surged 41.89% in the last seven days, signaling strong bullish momentum in the market. The uptrend remains strong, supported by key technical indicators like the ADX and Ichimoku Cloud, which point to sustained positive sentiment.
Cardano's Charles Hoskinson extends peace to Solana bridging crypto divides with unexpected blockchain diplomacy.
Cardano (ADA) price, a leading proof-of-stake cryptocurrency, has surged by over 120% in the past month. This exceptional rally aligns with a bullish sentiment in the cryptocurrency market, bolstering investor confidence.
Cardano whales have taken the driving seat following a bullish November. ADA has outpaced the top 10 ranked crypto by market capitalization, taking its price to $0.8.
November has been a good month so far for the Cardano network. What's behind ADA's resilience against profit-taking?
The Cardano (ADA) blockchain has reached a significant achievement, boasting over 2,600 days of uninterrupted operations. This landmark raises a high bar for blockchain stability, setting Cardano apart.
Cardano's price skyrocketed 42% in the past week, but a 5% dip in the last 24 hours raises concerns about its momentum. Can ADA sustain its growth, or is a correction on the horizon?
Cardano (CRYPTO: ADA) co-founder Charles Hoskinson on Thursday named Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong for a potential crypto position at the White House, citing his unique position to bridge the gap between the digital asset industry and federal regulators. What Happened: Hoskinson emphasized the importance of the role being filled by someone “neutral” with a deep understanding of blockchain technology and the challenges posed by existing U.S. regulations.
Cardano has outperformed most of the market with a sharp 50% rally during the past week. Here's what's driving this run, according to on-chain data.
Chainlink (LINK) trades at $14.60 after recent uptrends saw it escaping a prolonged consolidation range. Meanwhile, the altcoin encountered resistance after hitting the $15.27 daily high. LINK rebounded to its press time levels after hitting a 24-hour low at $13.91, and a historical setup suggests a potential surge to $35 – a 139.
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.
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.
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Chainlink price is currently facing resistance after breaking out of an extended consolation zone. LINK price is down 2.1% in the last 24 hours and is trading at $14.71.
Chainlink, a blockchain service provider, is advancing Brazil's plans for a central bank digital currency (CBDC) by collaborating on the DREX pilot project alongside major players like Microsoft Brazil, Banco Inter, and 7COMm.
Experts believe the partnership sets a powerful precedent, showcasing the potential of decentralized tools in centralized financial systems.
The crypto market today has registered a slight dip in numbers, as a result, the market cap is down by 0.31% in 24 hours to $3.08 trillion. The trade volumes also took the brunt, falling by 7.53% to $179.59 billion.
Chainlink Labs, a blockchain oracle service provider, has joined forces with Microsoft Brazil and other industry players to work on the second phase of Brazil's central bank digital currency (CBDC) initiative, DREX.
Brazil's Central Bank has initiated phase two of its DREX digital currency pilot program, partnering with Microsoft, Chainlink, and other tech firms to test automated cross-border payments
The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificial intelligence (AI) oracle technology.
The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a Nov. 19 statement. The partnership aims to support trade finance solutions in the second phase of Brazil's DREX pilot program.