Cardano's ADA price slipped slightly to $0.249 amid bearish market pressure but optimism grows around the upcoming V11 Van Rossem hard fork, which aims to improve smart contract efficiency by making transactions cheaper, faster, and more secure. This upgrade could attract more developers and users, supporting long-term growth. Investors are also watching a governance vote on May 29 and the planned Leios upgrade in June, which targets scaling to over 1,000 transactions per second. Technical indicators suggest a potential rebound to $0.29 if ADA holds support at $0.248 and breaks resistance at $0.275, despite recent declines and cautious derivatives traders.
With Bitcoin down over 50% from its peak and market sentiment in extreme fear, an analyst highlights Cardano as a safer crypto option due to its balanced mix of security, decentralization, and steady development. Unlike other chains chasing trends, C...
Cardano wallets holding between 100,000 and 100 million ADA have increased their holdings to over 25.6 billion coins, the highest since early 2023. This accumulation happened over four months while ADA traded near multi-year lows, indicating large in...
Cardano has ratified the van Rossem hard fork, scheduled for July 18, marking the first upgrade fully driven by its decentralized on-chain governance. This upgrade advances Cardano to Protocol Version 11, introducing cheaper smart contract execution ...
Large Cardano wallets holding between 100,000 and 100 million ADA have accumulated 320 million tokens since early July, reaching their highest holdings since February 2023. Meanwhile, retail investors have reduced their ADA exposure amid the token's ...
Large Cardano holders, or whales, have increased their ADA holdings to a 3.5-year peak by absorbing over 25.6 billion tokens amid retail investors selling at multi-year lows. This shift reflects strong hands capitalizing on market pessimism, as small...
