In a notable development, Cardano's ADA has reentered the top 10 cryptocurrencies by market capitalization, propelled by a substantial double-digit rally on Nov. 8 as the broader crypto market gathered momentum following Donald Trump's win in the U.S. 2024 presidential election.

Cardano price upside has seen it gain more than 32 percent in the last four days, outperforming the wider crypto market, including Bitcoin.

TL;DR Cardano made significant updates to its protocol, improving core technology, scalability, and governance to optimize its platform. The update from node v.10.1.1 to v.10.1.2 and the DB Sync version 13.6.0.0 improve stability and user experience. ADA experiences an increase in adoption and decentralization, with significant growth in delegators and delegated votes.

The development team behind Cardano (ADA) recently performed major upgrades to the protocol. The upgrades made this week are aimed at enhancing the platform, ensuring smooth operations for users.

The trading volume of derivatives linked to the popular cryptocurrency Cardano (ADA) saw an abnormal spike of 251% today, according to data from CoinGlass. In the last 24 hours, the total turnover of perpetual futures on the ADA token reached a high of $1.45 billion.

Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.

Cardano (ADA) is once again capturing the crypto market's attention, trading at $0.44 after an impressive 18% surge in the last 24 hours and a 23.29% gain over the past week.

Polygon joined Cardano as a top performer, gaining 7.9%.

Cardano's large transactions have surged by 32% in 24 hours and 138.11% over the past week. What does this mean for the altcoin?

While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market is coasting 2.09% higher than yesterday, totaling $2.57 trillion.

Cardano (ADA) has officially bounced back into the top 10 cryptocurrencies by market capitalization, according to CoinMarketCap data. Cardano has been a mainstay in the top 10 rankings for a while, but it slipped earlier this year, giving way to Toncoin (TON) and then TRON (TRX).

Cardano (ADA) has experienced a significant surge over the past four days, with its price increasing by an impressive 32%. In the last 24 hours alone, ADA has climbed 16%, boosting its market capitalization to $14.932 billion.

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.

The US election result, it seems, has influenced the crypto market positively. Almost all the top cryptocurrencies have witnessed growth in the last 24 hours. Among the top ten cryptos, Cardano is the cryptocurrency that has experienced the largest growth in the said period. The ADA price has seen an enviable surge of 16.7%.

Cardano (ADA) has surged by 25% in just three days, breaking the $0.43 barrier for the first time since July.

Cardano's recent performance following the conclusion of the U.S. elections has been outstanding. ADA token has soared by more than 25% in the last three days.

These whales, or investors who hold large amounts of ADA, have started ramping up their activity, sparking excitement among other investors. With ADA's recent price boost, the token has moved back into the top 10 cryptocurrencies by market value, knocking out Toncoin (TON) from that spot.

Cardano (ADA) is on the rise, hitting its highest level in 14 weeks with a big daily jump in price.

Cardano (ADA) price has emerged as a top performer in the latest crypto market surge, recording over 17% growth within 24 hours. This significant price increase aligns with gains seen across various cryptocurrencies, reflecting renewed interest and positive momentum in the crypto space.

ADA is the best-performing top 20 cryptocurrency today (November 8).

Reclaiming the spot of 10th biggest cryptocurrency in the world, Cardano hits a market cap of $12.56 billion. The achievement comes with a 5.24% jump in the past 24 hours, as Cardano's (ADA) price currently trades at $0.3591. Despite a slowdown in the top cryptocurrencies, as Bitcoin drops 0.12% and Ethereum by 0.

The cryptocurrency market cap has declined by 0.82% over the last 24 hours, settling at $2.5 trillion. In parallel, trading volumes have also contracted sharply, down by 32.45% to $129.71 billion. The Fear & Greed Index, at 72, signals “Greed,” maintaining a bullish sentiment despite the recent market cooling.

The sleeping giant seems to have woken up! The third-generation token, Cardano, believed to be dead due to a massive drop in volatility, has begun to attract decent buying volume onto the platform. With the fundamentals strengthened, the bullish momentum is expected to rise, which may positively impact the ADA price in the long run.

Crypto prices today stirred a whirlpool of speculations among market watchers globally, showcasing mixed price actions. While Bitcoin (BTC) maintained a trading session in the green at the $75K level, altcoins mainly reflected a turbulent market sentiment.

Cardano price continued its strong surge after crossing an important resistance level, and as investors remained bullish on the coin. ADA has risen for four consecutive days and is hovering at its highest level since July. It has surged by 50% from its lowest level this year.

Cardano (ADA), a prominent cryptocurrency in the market, recently experienced a notable 10% price jump within a single day. This surge brought an additional $1 billion to Cardano's market capitalization, lifting ADA's price to around $0.362.

The US election sparked huge volatility. Aiming to make the most of the upcoming bull run post-election, top analysts recommend betting on DTX Exchange (DTX), a new altcoin at the crossroads between TradFi and DeFi.

Cardano (ADA) is currently in the limelight after reclaiming the top 10 position in overall ranking. The Cardano ecosystem has litted up with multiple metrics including price and whale activity are on the rampage at the moment.

Despite the bullish market sentiment across the cryptocurrency landscape, Cardano (ADA) has been the only major cryptocurrency that has not experienced a significant upside rally.

Cardano reclaims a top 10 spot backed by new partnerships, tech upgrades, and dollar stablecoin developments.

Cardano (ADA) price has significantly increased in the last 24 hours, following a broader market surge. The altcoin's positive trend comes amid increased investor interest as the cryptocurrency market rallies after the recent U.S. elections.

Most of the coins might need some time to accumulate energy for a further move, according to CoinMarketCap.

The current and future situation of the two crypto.

Cardano's (ADA) price has recently surged by 10% in the last 24 hours, briefly sparking excitement among investors. However, this rally has brought ADA back to a familiar barrier: the $0.37 resistance.

Cardano (ADA) is showing promising signs of recovery, as the behavior of its whale investors suggests a potential rebound. After recent declines, ADA has posted slight gains, with whales demonstrating long-term commitment to their holdings.

The American political landscape is about to shift dramatically, and digital money will likely benefit from that movement.

Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.

Popular smart contract network Cardano (ADA) has launched node 10.1 in a critical release ahead of the upcoming Chang 2 hard fork, which will bring significant upgrades to the network's governance system, including completing the transition to on-chain governance.

In just 24 hours, Cardano added over $1 billion to its market capitalization.

Cardano (ADA) has experienced a notable price surge over the past 24 hours following a market rebound in the wake of the U.S. elections. As buyers show renewed interest, the proof-of-stake blockchain platform continues to see upward momentum.

Cardano (ADA) has emerged as one of the assets showing intriguing signs of a potential bullish reversal. After enduring a brief three-day bearish stretch, the price of Cardano is now testing crucial support zones, leaving analysts to speculate whether the asset is primed for a double-bottom reversal that could push the price higher, potentially reaching $0.41.

Latest updates on ADA, XRP, and CRO coins.

Market activity suggested that ADA was regaining momentum.

Unlock date - Nov 6th 2024 Number of tokens unlocked- 18.53 million ADA (0.05% of its circulating supply) Current Circulating Supply - 35.74 billion ADA Previous token unlock - Oct 2nd, 2024 Cardano is a blockchain platform for change-makers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. Token Distribution Staking and Treasury fund reserve - 18.

The cryptocurrency market continues to feel the pressure of uncertainty, with the price of many altcoins, including Cardano (ADA), facing continued consolidation. Despite the fluctuations seen in the broader market, Cardano's performance has been especially lackluster, leaving many traders wondering whether it will ever see a breakout or remain stuck in a prolonged downturn throughout 2024.

The Cardano (ADA) price is set for major volatility as the outcome of US election day looms and the discussion surrounding the Cardano Foundation's budget proposal heats up. The post Cardano Price Set for Major Volatility as Foundation Plans 500M ADA Sell – What's Going On? appeared first on Cryptonews.

Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.