Cardano (ADA), one of the most well-known cryptocurrencies, continues to face challenging market conditions as we approach the end of 2024. Despite its solid fundamentals, the token has been struggling to gain upward momentum, with many other major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) also experiencing declines.
Charles Hoskinson, the founder of Cardano, says he is closing out a decade-long journey by sticking to what he does best: laying it all on the table.
With market caps of $119 billion and $30.52 billion, respectively, XRP and Cardano are among the top 10 cryptocurrencies globally.
Cardano price had a fairly good performance in 2024 as it rose by 60%, pushing its market cap to over $30 billion. Charles Hoskinson expects that ADA will have an even better year in 2025, helped by numerous catalysts.
Cardano Founder Charles Hoskinson has broken silence on what he considers his last duty for the blockchain network amid its evolutionary strides. Speaking on X, Charles Hoskinson addressed what appears as some community members' emotional blackmail in general conversations.
The Cardano (ADA) price is set to end 2024 on a quiet note near $0.85, down sharply from its early December highs in the $1.30 area, but still up close to 3x versus its pre-US election levels, which more explosive moves likely in 2025. The post Cardano Price At Risk of Further Downside, But Could It Recover in 2025? appeared first on Cryptonews.
Cardano's price is still declining after failing to break above significant resistance levels on both USDT and BTC paired charts. Yet, there is still a likelihood for further upside in the coming weeks.
Cardano's price remains in a technical bear market, but there are three key reasons why the coin could rebound in 2025. Cardano (ADA) appears poised to end the year trading at $0.
As the year draws to a close, crypto investors are focusing on altcoins to buy for potential 2025 gains. Despite market corrections in 2024, several digital assets demonstrated resilience and substantial performance, attracting significant interest from traders.
The co-founder of Cardano, Charles Hoskinson, got the crypto world excited with just a hint towards the possibility that delimited continuations might be executed into the Cardano blockchain in 2025.
Bitcoin (BTC) continued to slide despite signs of an attempted recovery reaching an intraday high of $94,804 during early trading hours before a rapid decline dropped it to a low of $91,788. BTC is trading at $92,317, down almost 1.33% in the past 24 hours.
Cardano's (ADA) price has been on a steady decline, recently falling to a multi-week low of $0.84. This ongoing downtrend reflects broader market challenges, with investors displaying diminished optimism.
The year is on its final leg as a new one approaches. With prices poised to explode—Q1 market rally—the best coins to invest in for key reasons are Solana (SOL), Cardano (ADA) and DTX Exchange (DTX).
ADA, the native token of the Cardano blockchain, is poised to continue its price decline in the coming days. This decline is attributed to ongoing market uncertainty, the formation of bearish price action, and negative sentiment across the cryptocurrency landscape.
Cardano (ADA), a prominent player in the cryptocurrency space, has been showing signs of bullish momentum, but its price is facing key technical challenges. As 2024 winds down, many investors are keeping a close watch on ADA's price action, wondering whether the asset can break through resistance levels and reach $1.50 or if it is heading toward a decline to $0.70.
Cardano founder Charles Hoskinson has addressed concerns surrounding the ongoing discussions about the governance structure of the Cardano Foundation (CF). The debate gained momentum following public statements from Rick McCracken, a prominent figure in the Cardano community, who raised issues about leadership and organizational transparency.
Cardano (ADA) has faced a notable price pullback after reaching a local high of $1.33 earlier this month following a stellar November, where ADA surged by an impressive 270%.
In the last two weeks, the Cardano (ADA) has faced a significant price decline, dropping 37% and slipping below the critical $1 mark.
Cardano (ADA) price has been navigating a downward trajectory since hitting its peak price of $1.30 earlier in the year. Despite a modest uptick during the Christmas season, the persistent bearish pattern has led investors to reconsider their stakes in ADA.
Cardano (ADA) price has been under significant pressure, declining by 20% over the past 30 days. This downturn highlights ongoing bearish sentiment, with technical indicators suggesting the trend could intensify further.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
In the final hours of 2024, the crypto market remains abuzz with anticipation of what 2025 might hold for crypto assets. Crypto analyst Michaël van de Poppe recently shared his insights on ADA's price action, predicting what might come next for the cryptocurrency.
Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.
Within the last two weeks, Cardano (ADA) has battled declining price value as it struggles to climb above the $1 mark. In early December, ADA, riding on the broader cryptocurrency bullish cycle, hit its highest level.
Cardano (ADA) has faced a challenging period, experiencing a sharp 42% correction since reaching a multi-year high of $1.32 in early December. This significant decline reflects the broader market uncertainty, with increased selling pressure and cautious investor sentiment weighing heavily on ADA's price.
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 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.