Cardano (ADA) saw its market capitalization increase by $693 million last week, reaching about $6.7 billion, as its price surged 11.52% from $0.1646 to around $0.1836. This rally was driven by strong demand from large holders (whales) who bought over 240 million ADA, coinciding with the recent Van Rossem hard fork upgrade that lowered smart-contract costs and enhanced functionality. The upgrade marks a significant step in Cardano's governance evolution, boosting investor confidence and price momentum. Despite a slight dip of 1.44% in the past 24 hours, Cardano outperformed other top cryptocurrencies like Monero, Uniswap, and BNB over the week.
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...
Ethena (ENA) led altcoin gains with a 12.1% price jump to $0.0886, driven by growing interest in its upcoming protocol upgrade. Other notable gainers included MemeCore (11.4%), Algorand (9.5%), Cardano (8%), and Avalanche (5.5%), reflecting varied in...
Cardano (ADA) rose 8.74% in 24 hours, breaking out of a multi-week consolidation by surpassing the $0.1812 resistance level with strong volume, signaling genuine buying interest. This breakout aligns with a broader altcoin market rotation from Bitcoi...
Cardano (ADA) surged about 10% following the announcement of its Dijkstra era roadmap, which aims to enhance scalability through multiple phased upgrades. This comes after the recent van Rossem hard fork that improved core infrastructure like Plutus ...
