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.
Cardano founder Charles Hoskinson humorously claimed actress Sydney Sweeney owns XRP after Ripple's David Schwartz mistakenly posted a selfie with a non-crypto billboard featuring Sweeney. The mix-up sparked speculation about Sweeney's crypto ties, t...
Cardano's ADA briefly fell below the $0.22 mark before bouncing back above it early Thursday, signaling pressure on a critical support zone. Trading at around $0.2217, ADA dropped 5.77% over 24 hours, hitting a low of $0.2182 and a high of $0.2377. A...
Cardano (ADA) fell 7.13% to $0.2207 on October 15, marking its lowest price since September 18. The drop is sharper than Bitcoin's 2.95% decline, reflecting thinner liquidity and higher leverage risks in smaller altcoins. The sell-off was triggered b...
Cardano (ADA) experienced a 4.33% price decline within one hour, falling from $0.2286 to $0.2187 based on Binance spot quotes. During this period, $1.98 million worth of long positions were liquidated across Binance, Bybit, and OKX, while no short po...
Cardano's price fell to around $0.228, nearing the lower boundary of its rising channel and testing a key demand zone between $0.22 and $0.24. Analyst Giannis Andreou suggests that holding this zone is crucial for a recovery, with resistance levels a...
