Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9% Bitcoin $96,015.13 $1.9 Trillion +2.4% +2.2% +39.1% Ethereum $3,560.54 $428.8 Billion +7% +15.9% +42% Trader Notes: Crypto trader Dan Gambardello highlights a wave of optimism surrounding ADA, noting that many holders used this level to take profits, while others see the current consolidation as a setup for further gains.

TL;DR Cardano has launched version 1.17.5 of its Lace wallet, focusing on optimizing synchronization and transaction data retrieval. The update includes improvements such as bug fixes for features like Nami mode and shared wallets.

Input Output advances solo Bitcoin bridge development as BitcoinOS token launch creates tension in the Cardano ecosystem.

During today's trading session on the crypto market, the price of the popular cryptocurrency, Cardano (ADA), has regained the important psychological mark of $1. In total, since the beginning of this month, the price of ADA has grown by 193%, and at its peak it tripled in value compared to what we could see in early November.

Cardano (ADA), ranked the ninth largest cryptocurrency by market capitalization, has announced the release of Lace 1.17.5. This serves as a transformation to the Cardano light wallet.

Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.

The total value locked on the Cardano ecosystem has more than tripled in the past three weeks to hover about $604 million today.

Cardano (ADA) whales bought over 130 million ADA during the recent price dip, according to prominent crypto analyst Ali Martinez. The price drop mentioned by the analyst occurred when the price of ADA dropped by almost 20% this week from Monday to Tuesday.

The Cardano network has reached a significant milestone by successfully deploying its first zero-knowledge (ZK) smart contract on the mainnet. This achievement utilizes the Plutus v3 ledger language, marking a step forward for the network's capabilities.

Cardano (ADA) could see further upside above the $1 zone, with whale investors showing confidence in the coin through significant buying activity.

Cardano (ADA), one of the leading cryptocurrencies in the market, is currently trading below the crucial $1 mark. Over the past 24 hours, ADA's price has dropped by over 3%, reflecting growing uncertainty among investors.

With crypto continuing to climb higher, three cryptocurrencies from the past are making a lot of the running. Can Ripple ($XRP), Cardano ($ADA), and Stellar ($XLM) continue their wild rides?

Charles Hoskinson, founder of Cardano and a prominent Wyoming ranch owner, is furious. The state's process for selecting vendors for its stable token project has left him, and his blockchain platform, Cardano, on the sidelines.

Cardano network reaches highest new address creation rate since June 2023, maintaining 24% weekly gains despite market pullback to $0.91.

On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA's price. Cardano Has Registered An Uptick In New Addresses Recently According to data from the market intelligence platform IntoTheBlock, the ADA network has been growing recently.

Cardano (ADA) has experienced a remarkable recovery, surging by 200% in three weeks to reclaim the $1 mark—its highest level since 2022. As the altcoin continues to gain momentum, traders are closely monitoring its potential to rally another 45% and reach $1.5 this week, drawing parallels to its bullish performance in early 2021.

Cardano's ADA is currently trading below the crucial $1 mark and is down by more than three percent in the last 24 hours. The coin is facing resistance at a crucial level known as the “golden pocket.” This resistance is between $1.13 and $1.23.

Cardano (ADA) bulls remain confident, and recent on-chain data suggests that the altcoin may be primed for another rally. In the past two days, Cardano investors have withdrawn a staggering $100 million from exchanges, an indicator that often points to reduced selling pressure and an upcoming upward price movement.

Given the obvious signs of waning market momentum, Dogecoin's ambitious quest to reach the $1 milestone may have encountered a snag. Given that Bitcoin recently experienced a retracement that had an impact on altcoins in general, DOGE's trajectory appears less promising.

Cardano has successfully launched its first zero-knowledge (ZK) smart contract on the mainnet, marking a major accomplishment. The transaction was done by Input Output with the use of Halo 2 zkSNARK technology and proves Cardano's focus on innovation and scalability in the field of blockchain.

Cardano (ADA) price has surged over 170% this November, emerging as a top performer in the cryptocurrency market. This remarkable rally reflects broader bullish trends across the crypto sector, reigniting investor confidence and interest.

Cardano's network activity surges to 2023 level, but will it help ADA?

Cardano fans express concerns over BitcoinOS' BOS token release, questioning its necessity in the Grail Bridge.

Layer-1 Proof-of-Stake (PoS) blockchain, Cardano is evolving with a new advancement in its smart contract pursuit. As the protocol's core developer Sebastian Guillemot revealed, Halo2, the first Zero Knowledge (ZK) transaction is now live on the mainnet.

Cardano (ADA) surged past the $1 mark over the weekend, marking a significant milestone in its recent rally. However, after reaching a multi-year high of $1.15, the cryptocurrency is now navigating a 17% correction as profit-taking sets in.

Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission's recent blockchain network selections for the state's upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission's opaque selection process and raised concerns about potential conflicts of interest.

TL;DR Charles Hoskinson proposes an ecosystem of hybrid apps that allow Bitcoin to be used directly in DeFi applications, without the need for other tokens. The integration between Cardano and Bitcoin would include the use of babel fees, enabling users to pay fees in BTC.

According to dcSpark co-founder Sebastien Guillemot, the very first ZK (zero-knowledge) smart contract has been deployed on the Cardano mainnet.

Cardano (ADA), a key player in the cryptocurrency market, has slipped below the $1 mark, marking a significant 7% drop in the last 24 hours. This downturn comes as ADA faces stiff resistance at the “golden pocket” zone, a critical range between $1.12 and $1.23, identified on the weekly chart.

Story Highlights Cardano's price fails to hold its $1 mark. The ADA price records a strong bearish reversal and drops ~14% today. Technical indicators experience a bearish convergence, however, a potential bullish reversal can be expected. The cryptocurrency market has turned bearish this week with top tokens recording a significant drop in their respective portfolios.

Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.

Cardano price has faced a sharp reversal, dropping nearly 21% from its highest level this month as investors took profits. Cardano (ADA) was trading at $0.92 on Tuesday, Nov.

Technical signals indicate further increases while analysts predict new highs.

Today, Cardano has taken an 11% nose dive amid a reigning-in of recent bull market sentiment, putting its $1 valuation into question. The post Cardano Struggles As Market Turns Red, ADA Falls Below $1, Down 11% in 24 Hours – What's Next? appeared first on Cryptonews.

Here are ADA's next potential targets (according to some popular industry participants).

Cardano blockchain founder Charles Hoskinson has shared a vision of building an “ecosystem of hybrid apps powered by DeFi-enabled Bitcoin.” In a Nov. 26 post on X (formerly Twitter), Hoskinson highlighted his renewed interest in Bitcoin's foundational code while noting that adding a DeFi layer to the top digital asset could restore its innovative edge.

Charles Hoskinson, the prominent crypto entrepreneur behind Cardano, has said he wants to add decentralized finance (DeFi) features to Bitcoin. Looking back on his long history with Bitcoin and its foundational code, Hoskinson described his renewed focus on the cryptocurrency, viewing it as a chance to revisit its design and expand its potential.

Top traders were net long on ADA, a bullish conviction of likely extra rally.

For some investors, Cardano's recent dip below $1 might seem catastrophic. However, ADA bulls appear unfazed by the slight decline, as on-chain data suggests they may be gearing up for another sustained uptrend.

ADA, alongside the rest of the market, dumped hard in the past day.

Cardano (ADA) has dipped below the crucial $1 level and is down by more than seven percent in the last 24 hours. ADA had recently come across a major resistance at the golden pocket area, which is positioned between $1.12 and $1.23.

The cryptocurrency market's November rally has spotlighted several Cardano Rivals poised for exponential growth. After Cardano's ADA token surged 250%, investors are eyeing competitors that could deliver significant returns.

Santiment's analysis of the Cardano market is based on two key indicators: realized profits and social media activity. According to their data, the $165 million in profits realized on November 22 was the highest level in eight months.

Cardano (ADA) has emerged as one of the cryptocurrency market's standout performers. Its market capitalization has tripled in just 17 days to reach an impressive $37.40 billion.

Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.

Cardano (ADA) price climbed 193.65% over the last 30 days and 37.82% in the past week. Despite this impressive rally, indicators suggest that ADA's uptrend may be losing steam.

The price of the native token of the smart contract platform Cardano ($ADA) has been hovering around the $1 mark amid a wider cryptocurrency market surge that has seen th price of the flagship cryptocurrency Bitcoin near $100,000 before a correction saw it drop to $95,000 at the time of writing.