Polkadot and Cardano See Rising Bullish Signals, but Volatility Looms

  • Polkadot’s derivatives market sees an 87% surge in trading volume, reflecting growing trader activity and bullish sentiment.

  • Cardano records $27.7B in whale transactions, highlighting increased institutional interest and potential for a breakout.

  • Polkadot and Cardano show bullish momentum, with rising RSI and MACD indicators signaling potential upward price movement.

Polkadot (DOT) and Cardano (ADA) are seeing surges in market activity, driven by growing investor interest and bullish sentiment.

Polkadot’s price is $4.08, with a 24-hour trading volume of $271.1 million. Cardano, meanwhile, is priced at $0.358, boasting a 24-hour trading volume of $603 million. Both blockchains are vying for dominance in the crypto space.

Polkadot’s Market Performance

Polkadot (DOT) rose 4.74% in the last 24 hours, with a market cap of $6.19 billion. Its circulating supply is over 1.51 billion DOT coins. And, Polkadot derivatives are on the rise, with trading volume surging 87.12% to $321 million. Open interest has also climbed 8.15% to $253 million, signaling increased trader activity.

Read also: Polkadot (DOT) Eyes Breakout in 2025, Outperforming ETH, SOL, and AD…

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