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Cardano active addresses rise 14% as CME launches 24/7 crypto futures despite summit funding defeat

Protocol Fundamentals
02 Jun 2026
BeInCrypto
View Source
Bullish
pluang ai news

Cardano's active addresses increased by 14% to 17,500 even as its price remained weak, driven by whale accumulation ahead of catalysts like CME's 24/7 crypto futures launch and upcoming ETF eligibility. On May 29, a summit funding request narrowly failed, but the same day CME introduced round-the-clock crypto futures including ADA, which helped absorb bearish sentiment. Data shows holders held steady, with mean coin age rising and daily network activity climbing, indicating growing conviction despite price softness. The next key event is ADA's spot ETF eligibility window in August, which could further influence demand.

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