Despite Cardano's ADA token losing over 70% in value over the past year and struggling to break above $0.25, large holders (whales) have increased their holdings to a multi-year high of 25.11 billion ADA, controlling 67.5% of the total supply. This accumulation signals confidence from major investors during a weak price period but does not guarantee a price recovery. Meanwhile, Cardano's DeFi activity remains low, with total value locked dropping from $721 million in 2024 to below $125 million, raising concerns about its growth potential. Analysts suggest ADA must hold stronger support levels before any credible bullish recovery can occur.
CME Group has introduced round-the-clock trading for its cryptocurrency futures and options, including contracts for XRP and Cardano (ADA). This move aligns CME's trading hours with the 24/7 nature of blockchain networks, allowing institutional trade...
Cardano (ADA) saw a surge in 24-hour trading volume above $380 million despite a recent 7% price drop over the week, indicating increased investor interest. Founder Charles Hoskinson's optimistic "parabolic 2027" forecast has drawn attention to Carda...
Cardano's major holders, known as whales, have accumulated ADA tokens to record levels not seen since 2017, controlling over 67% of the supply. This accumulation comes even as ADA's price continues to decline and network activity remains low, with fe...
The crypto market is experiencing a broad sell-off with major coins like Bitcoin near $73,000, Ethereum around $2,000, and Solana below $85, all showing negative performance. This decline contrasts sharply with the S&P 500 reaching new all-time highs...
Most major cryptocurrencies experienced price declines, including Bitcoin dropping 3.25% to $72,762 and Ethereum falling 3.96% to $1,987.25. Other notable coins like Binance Coin, Solana, and Cardano also saw decreases, reflecting a broad market pull...
