Cardano (ADA) has been a key player in the blockchain industry, known for its research-driven approach and steady ecosystem development. However, a new competitor, Lightchain AI, is rapidly gaining traction and is poised to outperform ADA's strongest bull run in 2025.
Cardano's price has experienced a massive drop recently following the Ethereum crash. However, things are still looking more positive for ADA, compared to ETH.
With potential partnerships and network growth, will ADA recover, or is further downside inevitable?
Stablecoins expanded their activity in 2024, remaining a tool for peer-to-peer payments, making up to 50% of on-chain traffic.
Cardano's lackluster performance has prompted its largest holders to reduce their trading activity over the past week. On-chain data reveals that ADA whales have gradually distributed their holdings over the past seven days.
The crypto market is showing positive sentiment after a recent pullback. The prices of Dogecoin (DOGE) and Cardano (ADA) have risen on the chart. WiseCharts forecasts the value of DOGE could rise to $1.3 in the coming weeks. On the other hand, Cardano crypto bulls are fighting for a long-awaited return to $1.
The crypto market constantly searches for projects with the potential to deliver exponential returns.
The global cryptocurrency market cap is down by over $200 billion in the last seven days, while the altcoin markets have shed more than $20 billion from their total valuations within the last 24 hours.
Charles Hoskinson, the creator of Cardano, is generating significant excitement in the crypto space with cryptic hints about major developments slated for February.
Cardano's native token, ADA, has surged by an impressive 64% in just one day, marking a dramatic recovery following the recent turmoil in the crypto market. The price jump, which saw ADA rise from $0.50 to a local high of $0.82, signals a strong rebound from a market crash caused by external factors, including new tariffs introduced by former U.S. President Donald Trump.
ADA turned bearish this week as sellers took over the price action. Key Support levels: $0.73, $0.65 Key Resistance levels: $0.90 1.
The blockchain ecosystem could soon witness an unexpected collaboration between Cardano (ADA) and Ripple (XRP).
Recently, Cardano (ADA) experienced a notable sell-off by large holders, often referred to as whales, dumping 330 million ADA tokens on exchanges during a sharp market decline. Typically, such a massive sell-off could have triggered a significant decline in price.
Cardano (ADA) fell 10.07% to $0.7364 by 17:57 (22:57 GMT) on the Investing.com Index, marking its biggest one-day loss since February 2. The decline pushed Cardanos market cap down to $25.82 billion, representing 0.81% of the total cryptocurrency market.
A crypto analyst has confirmed a recent breakdown of the Cardano price from an Ascending Channel pattern. With key support and resistance levels now in focus, the analyst has outlined two scenarios for ADA, projecting where its price could move next.
ADA briefly tanked to as low as $0.60 before rising to the current $0.75.
Cardano prices soar by 64% as ADA's prices recover from the recent market crash.
The altcoin market has faced significant challenges following a steep drop in Bitcoin's price, falling below the $100,000 mark. This shift came after U.S. President Donald Trump introduced new tariffs, including a 25% tax on imports from Mexico and Canada, and a 10% tax on Chinese products.
low fees, but new competition from Coldware (COLD) is challenging its dominance. With Coldware (COLD) gaining momentum as a highly scalable and decentralized Layer-1 blockchain, investors are taking note.
The price of Cardano (ADA) is showing recovery in line with the general cryptocurrency market, but whale activity is signaling possible volatility in the coming days.
Charles Hoskinson, Cardano (ADA) founder, has dropped a notable hint about what the ecosystem will work on soon. All indications point to integrating artificial intelligence (AI) into the ecosystem.
Cardano's decentralized governance has achieved a significant milestone, with over six billion ADA now delegated to Delegated Representatives (dReps), according to Intersect, a member-based organization for the Cardano ecosystem. This marks a significant step toward a more decentralized and community-driven decision-making process.
During the recent sharp market decline, where whales focused on accumulating assets, Cardano (ADA) remained untouched. Today, February 4, 2024, a prominent crypto expert posted on X (formerly Twitter) that whales have not purchased ADA during the dip. Instead, they have dumped millions of ADA tokens onto exchanges.
In the last 48 hours, Cardano whales have dumped 300 million ADA on the market, causing a stir in the broader cryptocurrency space. The sell-off has caused selling pressure on the market and has impacted the overall price of the coin amid expectations that ADA bulls can help hold up the fort.
Although the crypto market is volatile, the market could see a massive uptrend in the coming months. Ali Martinez forecasts the price of Ethereum (ETH) could pump to $7k. Also, a top analyst called Lucky notes that Cardano (ADA) is among the best DeFi projects in the market.
Charles Hoskinson has intensified chatter that Cardano might add Ripple's stablecoin, RLUSD, to its platform. He mentioned that Cardano's team regularly talks with Ripple's leaders about using RLUSD.
The Cardano price currently boasts a bearish outlook following a recent development in the ADA ecosystem. Crypto analyst Ali Martinez revealed that ADA whales have offloaded a significant amount of coins amid this recent market downtrend, which could lead to massive sell pressure for the crypto.
Tron founder Justin Sun has boldly heralded USDD as the only “true decentralized stablecoin” in the entire crypto sector. Sun has made several promotional statements in recent weeks to rally the crypto community toward the stablecoin, ahead of the launch of USDD 2.0.
With the crypto market facing intense bearish pressure, a short breeze of bullish recovery in Cardano hints at a rise to $1. Is the recovery run in Cardano inevitable?
TRON consolidates after a sharp decline, with a larger recovery likely ahead, targeting $0.34. The crypto's price is still showing indecision, but short-term bullishness looks highly likely.
TRON and Movement Labs assert $TRX and $MOVE holdings were acquired via standard market transactions. WLFI holds significant assets, including Ethereum, USDC, Chainlink, AAVE, TRON, and Uniswap.
Most of the coins are bouncing off after a sharp drop, according to CoinMarketCap.
Cardano's (ADA) bullish momentum is losing steam as bearish pressure mounts, forcing the price to retreat from the critical $0.8119 level. After a promising attempt to push higher, ADA bulls are now struggling to maintain control, with sellers stepping in to reclaim dominance.
Cardano (ADA) has faced a significant price drop in recent days, falling by 22% over the last four days. While this decline may seem like a setback, it could actually be a positive sign for the cryptocurrency's long-term prospects.
"We talk to David Schwartz and Brad Garlinghouse," Cardano's founder said.
TRON's TRX is the second largest holding in World Liberty Financial's wallet.
XRP and ADA rebound from trade war-driven losses, forming bullish ascending triangles. XRP eyes a 33% surge to $3.43, while ADA targets a 40% breakout to $1.04.
Representatives from TRON and MOVE, two of the protocols whose tokens are being held by the treasury of World Liberty Financial (WLFI), have come out to deny they entered a token swap agreement with the Trump-linked DeFI project. Blockworks first reported that World Liberty Financial has been offering blockchain teams a token swap deal.
After a market crackdown by the bears yesterday, the bulls managed to take control of the business overnight. However, top tokens such as Cardano and Ripple have continued recording mixed price action in their daily charts.
In a recent statement, he revealed that “Nintendo Emulator and games are coming to Lace” his blockchain-powered platform. This means gamers will soon have the chance to play classic Nintendo games alongside original IP (intellectual property).
In a statement, Hoskinson said, “The U.S. will be one of the largest (adopters) of crypto. He said: “Our voting, government, payments, ID, and central bank may connect to the blockchain.
The cryptocurrency market has been hit with significant volatility in early February 2025, and Cardano (ADA) is feeling the effects. On February 3, ADA experienced a dramatic price drop of 24%, reaching $0.67.
A report alleges that projects were pitched on a $10 million - $15 million buy-in on the Trump-backed project.
Cardano price started a fresh decline below the $0.9250 zone. ADA is now correcting losses and struggling to clear the $0.80 resistance.
Cardano's (ADA) price has dropped 30% in a month and roughly 18% in the past two weeks. Its market cap has now fallen to $27 billion, reflecting the broader weakness in altcoins.
Cryptocurrency prices bounced back in the overnight session after Donald Trump paused the sweeping tariffs on Mexico and Canada, removing one of the biggest risks in the market. Bitcoin jumped to over $100,000, while most altcoins jumped by over 10%.
The cryptocurrency market recently faced one of its most significant downturns, and Cardano (ADA) was no exception, experiencing a sharp decline in price. However, despite the broader crypto bloodbath, ADA's transaction volume saw an unexpected and notable increase, which is a fascinating development given the circumstances.