Cardano (ADA) has experienced significant selling pressure this year, losing 44.63% year-to-date. Recently, the price surged 11% in the past week as buyers returned, signaling a potential accumulation phase. Market metrics show ADA is currently in a balanced state after a deleveraging event removed excessive high-leverage positions, reducing risk of a major sell-off. Liquidation data and capital flows indicate cautious but steady market interest, with price targets between $0.25 and $0.28 supported by strong buy order clusters. This suggests room for further upside while maintaining a sustainable market trend.
Cardano recently implemented the Van Rossem upgrade, enhancing its network's performance, security, and smart contract capabilities. This upgrade marks the start of the Dijkstra era, which will introduce further improvements like Peras, Ouroboros Lei...
Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...
Cardano and Injective have connected through the Inter-Blockchain Communication (IBC) protocol on testnet, allowing ADA and INJ tokens to be transferred between the two ecosystems for the first time. This integration enables direct chain-to-chain com...
Cardano (ADA) experienced a sharp price rebound in early August, causing a 99% liquidation imbalance on its derivatives market. Short sellers betting on a price drop below $0.15 were caught off guard as ADA surged past $0.185 to $0.193, triggering ov...
Cardano's price surged to $0.190 after large holders accumulated over 240 million ADA in five days, driving a 22% gain from its July low. The rally was supported by a bullish inverse head-and-shoulders pattern suggesting a potential rise to $0.208. K...
