Cardano (ADA) whales, who have been instrumental in driving the cryptocurrency's price by 270% in the last 30 days, have now sold a bunch of tokens. This sell-off comes ahead of this week's token unlock, which market participants expect will cause volatility.

Cardano has processed over 134,000 transactions per second (tps), marking a significant milestone in the platform's development. Charles Hoskinson, CEO of Input Output Global (IOG), shared his enthusiasm on X, stating, “Not bad Cardano.

Cardano (ADA) was up 16% today and touched $1.28. The cryptocurrency had its biggest 24-hour gain in the last month, which boosted its market capitalization to $44.7 billion.

Cardano (ADA) surged 300% to $1.327 but risks correction with overbought RSI and a $20M token unlock on Dec. 4. Key support lies at $1.088 and $0.886.

The total value locked (TVL) on the Cardano (ADA) ecosystem has soared past the $700 million mark as it recovers from the cryptocurrency bear market that saw it drop to a $50 million low back in November 2022.

Cardano's record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue.

Small holders are selling despite ADA reaching heights not seen in years.

The recent election results have shifted overall market sentiment. Amid this, Cardano (ADA) along with other major cryptocurrencies has experienced a notable rally and has gained significant attention from crypto enthusiasts. Meanwhile, the altcoin has surged more than 272% in upside momentum in the past 30 days.

The total value of crypto locked (TVL) in smart contracts on the Cardano blockchain just surpassed $700 million according to DeFi Llama, a new record high. The post Cardano TVL Blasts to New Record High – Will ADA Become 2024's Top Altcoin? appeared first on Cryptonews.

Cardano price has been attracting considerable attention amid the ongoing bull market showing impressive gains. As the cryptocurrency market experiences a surge following the recent U.S. elections, ADA has emerged as one of the standout performers.

Dan Gambardello, a veteran market analyst and founder of Crypto Capital Venture, is uber-bullish about Cardano (ADA). As one of the most outspoken advocates of ADA, he has forecasted that the coin could swiftly rocket to the ambitious $3 level.

Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.

Blockfrost and Filecoin Foundation are working to integrate Filecoin's decentralized storage capabilities as a backup layer for Cardano apps built with Blockfrost. The post Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab appeared first on Cryptonews.

Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape.

Most of the coins have come back to the green zone after a correction, according to CoinMarketCap.

Cardano Founder Charles Hoskinson has shared a significant spotlight from the recent Hydra Doom testing featuring the community. With plans to host a gaming tournament to test the limits of the Hydra Head protocol, the developer team recently conducted a load test.

Cardano's DeFi ecosystem approaches $700 million in TVL while its native token ADA reaches $1.21, marking a substantial recovery from 2022 lows.

ADA jumped above $1.3 for the first time since January 2022.

Cardano breaks $1 for the first time since 2022 amid bullish momentum, while memeFi token Cutoshi emerges as a high-upside alternative. #sponsored

The crypto market's been on fire lately, right? Since November 5, when Bitcoin kicked off its rally during the US elections, it's been a wild ride. But what's really interesting isn't just Bitcoin—Ripple's XRP, Cardano (ADA), and Stellar (XLM) have been climbing fast, too. The total market cap hit a whopping $3.

The cryptocurrency market continues to surge, one coin that has been capturing the attention of analysts and investors alike is Cardano (ADA). A well-known pundit, Dapp Central, has made a compelling case that now could be the final opportunity for investors to accumulate ADA before it enters a major bull cycle.

Liquidity concentrated at $1.0 could attract the price before ADA attempts another upside rally.

Cardano (ADA) has been experiencing a remarkable rally, with its price surging by 300% over the past five weeks. The altcoin recently crossed the $1 mark, reaching a near two-year high.

After the famous reversal in the first week of November, the crypto markets have embraced the beginning of the next bull run. The Bitcoin price soared close to $100K and the older altcoins, which remained silent for quite a while, became active.

Altcoins are thriving! The ones that have experienced a huge rise during the 2021 bull run have again started to swell, hinting towards the return of pro-traders. After a magnificent run, the Bitcoin price has begun to remain stagnant a bit. This has enabled the other altcoins to swell, which have attracted massive gains.

Cardano's DeFi ecosystem is hitting new heights, with its total value locked (TVL) nearing an all-time high of $700 million. DeFillama data shows that the blockchain network is riding the current bullish market sentiment by adding over $400 million to reach $680 million as of press time.

Cardano (ADA) is on track for a bullish December, with historical trends indicating a possible 66% price surge. Rising market volume and Bitcoins strong performance add to optimism for ADAs next big move.

Cardano (ADA) just hit new more than two-and-a-half year highs above $1.24, as the buyers pile in on growing calls for the ADA price to hit $10 this cycle. The post Strong Buy Indicators as Analyst Predicts Cardano Could Hit $10 This Cycle – How Soon Will It Happen? appeared first on Cryptonews.

Cardano price performed strongly in November, benefiting from a broader crypto bull run. Cardano (ADA) coin jumped by over 220% during the month, making it one of the best performers.

Cardano (ADA) has captured the spotlight in the cryptocurrency market with an incredible 213% monthly price surge, climbing to levels not seen in recent memory. The proof-of-stake blockchain platform has proven itself a top performer during Bitcoin's rally toward $100,000, drives renewed interest from investors and analysts.

Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?

Cardano price, a standout in the crypto market, surged past $1 this November, solidifying its position among top-performing altcoins. This remarkable rally reflects growing bullish sentiment across the sector, drawing renewed interest from investors in alternative digital assets.

Cardano (ADA) can soar as high as 66% in December if the altcoin's historical precedence is repeated. Based on Cryptorank data, ADA has an average growth rate of 66.8% for December, providing a generally bullish month for the coin.

Cardano (ADA) has seen significant volatility in recent weeks, capturing the attention of investors and analysts alike. After reaching a local high of $1.15 on November 23, the price retraced significantly and recently failed to reclaim this key level.

With the cryptocurrency market gaining momentum, a startling forecast is creating a buzz: 80% of new crypto millionaires may arise in the upcoming four months. The current bull market, along with several innovative development in particular projects, is generating favorable opportunities for investors to take advantage of possible gains.

Bullish forecasts: Are Bitcoin and Cardano ready for new highs?

Cardano (ADA) has achieved a 213% monthly price increase while analyst Lark Davis predicts a potential rise to $10, supported by technical analysis and increasing trading volumes.

Altcoin season seems to be in full swing — while Bitcoin (BTC) has struggled to breach the $100,000 price point and retreated to $95,546, as of press time, cryptocurrencies with smaller market caps have not faced similar headwinds.

The current bull market has been favoring old coins such as Toncoin and Cardano. Toncoin has been on the rise as Telegram dominates Web3 gaming. Cardano has benefited from the optimism of relaxed crypto regulation in the US. This development has turned the attention to 1FUEL (1FUEL).

Cardano (ADA) jumps to $1.088 as fewer sell-offs and growing whale interest boost its price.

Cardano (ADA) has surged by double digits over the past week, reaching $1.15 — a price last seen in April 2022. This rally is fueled by reduced selloffs from long-term holders and increased accumulation by large investors.

Cardano is expected to remain in a positive trajectory, breaking past the $1 mark, which has been a critical psychological resistance level. With the cryptocurrency market experiencing a bullish phase, ADA's price could rise as high as $1.21 by the end of the year.

As Bitcoin leads the charge for crypto this cycle, with its price teasing the $100k level, many analysts offer predictions on top altcoins. One token that's widely seen to surge in this cycle is Cardano (ADA), a popular proof-of-stake blockchain that supports dApps.

The chief investment officer of Morgan Creek Capital is revealing his top five altcoins picks heading into the new year. In a new interview on the Altcoin Daily YouTube channel, Mark Yusko names his top token picks, including prominent smart contract platforms Solana (SOL) and Cardano (ADA).

Charles Hoskinson, the founder of Cardano, has called for unity within the cryptocurrency industry, urging a shift away from past rivalries.

Token unlocks may heighten market volatility, impacting investor sentiment and potentially influencing long-term crypto market dynamics. The post Cardano, Jito, and Aptos set for $700M token unlock this month appeared first on Crypto Briefing.

Cardano (ADA) and MultiversX (EGLD) communities and investors are looking forward to a potential collaboration hinted at by their leadership. On November 30, IOHK CEO Charles Hoskinson and MultiversX Foundation CEO Beniamin Mincu agreed upon a goodwill meeting this week.