Cardano's ADA is experiencing a significant liquidation imbalance, with long positions liquidated at a rate over 10,000% higher than shorts, totaling $1.17 million in the last 24 hours. This imbalance coincides with ADA testing a critical support level at $0.20, suggesting potential for increased price volatility. The drop in ADA price follows hawkish remarks from Fed Chair Kevin Warsh, which raised expectations for a September rate hike, impacting the broader crypto market. Meanwhile, Cardano's development toward the Dijkstra era continues, with upcoming node releases expected to enable early testing of new features, though the full upgrade is still months away.
The crypto market cap closed the week flat at $2.73 trillion after volatile swings between $2.70 trillion and $2.79 trillion, following a prior week’s $500 billion surge. Bitcoin showed resilience, finishing with a modest 1% weekly gain and over 20% ...
Cardano's ADA price rose 1.08% to $0.2147, maintaining support above $0.2004 amid optimism from the Ouroboros Leios protocol test. This test increased Cardano's transaction capacity by 500%, with four more testing phases before a planned mainnet upgr...
Cardano's ADA price fell over 7% to around $0.210, dipping below $0.220 despite large wallets buying 160 million tokens during the decline. Market sentiment is bearish with a low long-to-short ratio of 0.74, though some bullish signs appear in positi...
Cardano's constitutional committee must ratify a governance action by September 6, 2026, to renew four of its seven seats. If not ratified by then, the committee falls below its minimum size of five members, causing a governance standstill where no m...
Cardano's decentralized exchange (DEX) trading volume surged to about $56 million on August 22 but quickly dropped by 98% to around $1 million, returning to typical levels below $5 million. Despite this sharp decline in trading activity, ADA's price ...
