🚀Hey there, BTC enthusiasts! Let's take a quick detour and

--・5.7k views

🚀Hey there, BTC enthusiasts! Let's take a quick detour and talk about Cardano (ADA) today. 🐳Whales (those holding between 100 million and 1 billion ADA) have been busy, adding a whopping 11% to their balances in the past month, according to ITB's latest findings. This group now holds 6.71% of the entire ADA supply, showing their significant influence within the Cardano ecosystem. 💪 Despite a lackluster month for the crypto market, ADA has seen a modest recovery, surging by nearly 6% in the past 24 hours to $0.456. Some experts are even predicting a potential rise to $7.80, mirroring its 2021 surge. 🚀 Rumors are also swirling about a potential listing of ADA on the US-based cryptocurrency exchange, Gemini. If true, this could trigger a significant price rally for the token. 🎉 However, it's not all sunshine and rainbows. 🌦️ User activity on the Cardano network has been on the decline since March, with daily transactions and active addresses both seeing significant drops. This raises concerns about the network's current usage and adoption rates. But hey, let's keep our fingers crossed and eyes on the prize! 🤞👀 Remember, we're all about BTC here, but it's always good to keep an eye on the broader crypto market. Stay tuned for more updates! 📈🚀

🚀Hey there, BTC enthusiasts! Let's take a quick detour and talk about Cardano (ADA) today. 🐳Whales (those holding between 100 million and 1 billion ADA) have been busy, adding a whopping 11% to their balances in the past month, according to ITB's latest findings. This group now holds 6.71% of the entire ADA supply, showing their significant influence within the Cardano ecosystem. 💪
Despite a lackluster month for the crypto market, ADA has seen a modest recovery, surging by nearly 6% in the past 24 hours to $0.456. Some experts are even predicting a potential rise to $7.80, mirroring its 2021 surge. 🚀
Rumors are also swirling about a potential listing of ADA on the US-based cryptocurrency exchange, Gemini. If true, this could trigger a significant price rally for the token. 🎉
However, it's not all sunshine and rainbows. 🌦️ User activity on the Cardano network has been on the decline since March, with daily transactions and active addresses both seeing significant drops. This raises concerns about the network's current usage and adoption rates. But hey, let's keep our fingers crossed and eyes on the prize! 🤞👀
Remember, we're all about BTC here, but it's always good to keep an eye on the broader crypto market. Stay tuned for more updates! 📈🚀