The new year is almost here, and if you're thinking about upping your crypto game, there's no time like the present. With 2025 set to bring even more innovations to the blockchain world, picking the right coins now could be your smartest move yet.
Cardano (ADA) remains on the investor radar as it closes 2024 with its annual member conference, scheduled for tomorrow, December 31. The event will highlight strategic decisions for the upcoming years, including the 2025 budget. Such sentiments will likely renew investor interest in Cardano's future potential.
The rise of Cardano (ADA) price above $1 earlier this month confirmed the onset of the macro bullish outlook after being trapped in bearish sentiment since September 2021.
Cardano price has lost nearly 19 percent of its value in the last month, but a reversal is still in the cards if it stays above a key support
Cardano (ADA), a veteran layer one (L1) blockchain backed by a vibrant web3 ecosystem, has significantly shifted to bullish sentiments in the past 15 months. The ADA's bullish upswing since November 4, which coincided with the re-election of Donald Trump, has confined macro bullish outlook via a weekly higher high and higher low.
As the crypto market enters 2025, investors are gearing up to target tokens with promising futures. While many cryptocurrencies undergo significant shifts as 2024 comes to a close, three tokens are emerging as clear standouts.
Cardano (ADA) price has plunged 5% in the last 24 hours following a downward trend in sentiments and on-chain factors. This follows a wider market correction that saw over $1.6 billion wiped out of the ecosystem.
Just a month ago, Cardano (ADA), the popular cryptocurrency of the same name blockchain and currently the ninth largest digital asset, was all over the news as its price rose more than 300% in less than a month. The ADA price then peaked at $1.3263 per token in early December, but the following days of the last month of the year were not as festive for the popular cryptocurrency.
The crypto markets are heading towards the end of the year, which is expected largely to be bullish. However, the broader market trends and top cryptos like Cardano demonstrate a sluggish trend with fewer possibilities of a bullish rebound.
Cardano (ADA) has been experiencing a gradual decline since the beginning of December, pushing its price below $1. This extended drawdown has left investors uncertain about ADA's recovery prospects.
Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since early December, when it reached a multi-year high of $1.32. The retracement reflects broader market uncertainties and profit-taking by investors following its impressive rally.
Cardano (ADA), the ninth-largest cryptocurrency by market capitalization, is hinting at significant activity over the past 48 hours. According to Ali, whales have bought over 20 million Cardano during this period.
Cardano price has experienced a significant downturn amidst a prevailing bearish sentiment in the cryptocurrency market. ADA is currently trading near critical support levels.
Cardano is navigating a pivotal price range, bounded by the $0.75 and $1.3 thresholds, with its recent price action underscoring a successful pullback to the previously breached $0.75 support. The outcome of a breakout from this range will likely set the tone for its next significant market direction.
Charles Hoskinson, the founder of Cardano, has raised concerns about the governance model of the Cardano Foundation.
In the ever-evolving world of cryptocurrency, collaborations between major blockchain projects can have a transformative impact. One of the latest developments that has captured the attention of the crypto community is the potential partnership between Cardano and Ripple's XRP.
As the year rounds up, Cardano founder Charles Hoskinson has taken to X to address the ADA community with an important reminder. In his tweet, Hoskinson touched on the governance workstream, CIP-1694 and the Cardano constitution, addressing recent concerns about the pace of governance actions.
The recent price behavior of Cardano (ADA) points to a possible shortfall in reaching significant cycle benchmarks. ADA is trying to keep momentum, struggling to attain $21 in this cycle.
Cardano (ADA), one of the leading cryptocurrencies, has recently experienced a significant price decline, reaching a monthly low of $0.86. This downturn has drives concerns among investors, particularly as we approach the new year.
The cryptocurrency market is a connected ecosystem, and interoperability fuels its development. Cardano, which has a market capitalization of $31.4 billion, and Ripple's XRP, with a market capitalization of $123 billion, could be planning to enter into a symbiotic relationship.
TL;DR Cardano experienced massive growth in 2024, adding over 96,000 smart contracts in Plutus V2 and establishing itself as a leader in blockchain technology. The launch of Plutus V3 introduced improvements in efficiency, interoperability, and costs, attracting more developers to the ecosystem. ADA increased by 52.
Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Cardanos Open Interest reached an impressive 707 million ADA, valued at $629 million, with whale activity driving significant trading on major exchanges. Analysts suggest this renewed momentum could propel ADA closer to the critical $1 mark despite existing resistance.
CoinGlass data reveals a significant surge in Cardano (ADA) Open Interest (OI) in the last 24 hours. The OI surge coincides with broader crypto market factors like price increases and rekindled interest from market whales.
In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.
ADA might be in an accumulation phase, with MVRV ratios historically rebounding from current levels, presenting opportunities for long-term investors despite bearish signals from a 22-month high NVT ratio.
Solana (SOL) has generated a lot of buzz due to its efficiency alongside effective development for quite some time now. Meanwhile, Cardano (ADA) and Sui (SUI) also have solid records of achievements. However, a new player in the market, Rexas Finance (RXS), is making its mark as a disruptor in the blockchain industry.
As the cryptocurrency market recovers, smart investors are eyeing a $0.150 Cardano (ADA) challenger that might win the upcoming altcoin season. This new competitor is inexpensive and uses cutting-edge blockchain technology for scalability, energy efficiency, and smart contract capabilities.
The Cardano price was on the investors' radar today, with a gain of over 3% after a recent volatile trading. The surge in ADA comes amid a recovery noted in the broader crypto market after volatile trading recently.
Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is grappling with intense selling pressure as the broader cryptocurrency market faces a downturn. Today, December 27, 2024, major digital assets, including Bitcoin (BTC), Ethereum (ETH), and XRP, have also seen price declines, contributing to an overall bearish sentiment.
Cardano (ADA) has delivered a standout performance in 2024, solidifying its position as one of the most technically sophisticated and developer-friendly blockchain ecosystems. Central to its growth has been the dramatic expansion of its Plutus-based smart contract ecosystem, a critical infrastructure that has evolved significantly since its introduction.
Cardano (ADA) has seen a steady price decline since early December, reaching a monthly low of $0.86. This downturn has left ADA investors anticipating a bleak start to the new year.
The Cardano (ADA) price was under pressure on Boxing Day, declining over 6%, with technical analysis suggestive that further downside could be in store in the days ahead. The post Cardano Price Could Dump 57%, But 2025 Could Be a Massive Year – Here's How High ADA Might Go appeared first on Cryptonews.
A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.
Cardano (ADA) price remains one of the top 10 cryptocurrencies by market cap, despite being down over 9% in the past seven days. Recent data suggests that ADA's downtrend is losing momentum, with its ADX dropping sharply, indicating a weakening bearish trend.
ADA, the native token of the Cardano blockchain, appears to be struggling to maintain its crucial support level amidst market uncertainty. Today, December 27, 2024, the overall cryptocurrency market sentiment appears to be experiencing a price decline, encompassing major assets such as Bitcoin (BTC), Ethereum (ETH), and XRP.
Cardano (ADA) has experienced some notable price fluctuations in recent months, with a significant rise in November fueling optimism for a new all-time high (ATH) in 2025. While there has been some recent bearish action that has raised concerns among investors, the broader market sentiment for ADA remains largely bullish.
Cardano (ADA) price stunned many in the market after soaring from a low of $0.2799 to a high of $1.32. Analysts have always considered Cardano an undervalued digital currency amid its many developer-centric activities.
Cardano (ADA) is bearish but remains between the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.
Cardano is one of those crypto assets that has closely followed Bitcoin in terms of price action and is currently experiencing a pullback similar to BTC.
Cardano (ADA) has shown significant progress in its decentralized finance (DeFi) and stablecoin sectors despite facing challenges in the third quarter of 2024.
Cardano price started a downside correction below the $1.00 zone. ADA is consolidating and facing hurdles near the $0.920 and $0.950 levels.
The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Cardano is the third-generation chain, which was built to overcome the shortcomings of the primitive chains. Having such a wide use case, the ADA price was believed to closely follow Bitcoin or at least Ethereum.
Cardano (ADA) has struggled to regain bullish momentum after a sharp decline, keeping its price below the critical $1 level.
A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn't bring back quantitative easing (QE), then ADA could continue to slip.
The price of Cardano (ADA) has joined the so-called Santa rally, a trend that is amusing investors after a very volatile week. Earlier, the price of the coin dropped to a 4-week low of $0.7659 and entering a short period of consolidation afterward.