Cardano
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$ADA Technical Analysis
#Cardano #BTC🔥🔥🔥🔥 #USDT #BTC #HotTrends
$ADA
Current Price: As of October 18, 2024, the price of Cardano (ADA) is approximately $0.44, reflecting a 3.56% increase over the last 24 hours.
Market Overview:
Market Capitalization: Approximately $15.30 billion.24-Hour Trading Volume: About $350 million.Circulating Supply: Approximately 35 billion ADA out of a total maximum supply of 45 billion ADA.
Moving Averages:
50-Day Moving Average (MA): Currently, the 50-day MA is around $0.40, indicating that the price has broken above this average, which signals a potential bullish trend as positive sentiment builds in the market.200-Day Moving Average (MA): The 200-day MA stands at approximately $0.38. Trading consistently above this level suggests a sustained bullish trend in the longer term.
Relative Strength Index (RSI):
The RSI is currently at 62, indicating moderate strength in the market. While this level suggests the potential for further gains, caution is advised as values approaching 70 could indicate overbought conditions.
MACD:
The MACD line is above the signal line, indicating increasing upward momentum. This positive signal suggests a strong possibility of continued bullish behavior if ADA maintains its upward trajectory.
Bollinger Bands:
The price is currently near the upper band of the Bollinger Bands, indicating rising volatility. A breakout above the $0.45 level could further confirm bullish momentum, with potential price targets set towards $0.48 and $0.50.
The technical indicators for Cardano present a cautiously optimistic outlook for the near term. The combination of breaking key moving averages and a positive MACD signal suggests that ADA may continue its upward movement, contingent upon sustaining levels above $0.42. Traders should monitor resistance levels around $0.45 and $0.48 to gauge the strength of the upward trend.
$ADA
Current Price: As of October 18, 2024, the price of Cardano (ADA) is approximately $0.44, reflecting a 3.56% increase over the last 24 hours.
Market Overview:
Market Capitalization: Approximately $15.30 billion.24-Hour Trading Volume: About $350 million.Circulating Supply: Approximately 35 billion ADA out of a total maximum supply of 45 billion ADA.
Moving Averages:
50-Day Moving Average (MA): Currently, the 50-day MA is around $0.40, indicating that the price has broken above this average, which signals a potential bullish trend as positive sentiment builds in the market.200-Day Moving Average (MA): The 200-day MA stands at approximately $0.38. Trading consistently above this level suggests a sustained bullish trend in the longer term.
Relative Strength Index (RSI):
The RSI is currently at 62, indicating moderate strength in the market. While this level suggests the potential for further gains, caution is advised as values approaching 70 could indicate overbought conditions.
MACD:
The MACD line is above the signal line, indicating increasing upward momentum. This positive signal suggests a strong possibility of continued bullish behavior if ADA maintains its upward trajectory.
Bollinger Bands:
The price is currently near the upper band of the Bollinger Bands, indicating rising volatility. A breakout above the $0.45 level could further confirm bullish momentum, with potential price targets set towards $0.48 and $0.50.
The technical indicators for Cardano present a cautiously optimistic outlook for the near term. The combination of breaking key moving averages and a positive MACD signal suggests that ADA may continue its upward movement, contingent upon sustaining levels above $0.42. Traders should monitor resistance levels around $0.45 and $0.48 to gauge the strength of the upward trend.
$ADA is currently showing a bullish signal. The Stoch RSI has recently crossed over at a low level on the monthly chart, which suggests an upward trend could be emerging. This aligns with other bullish patterns observed for #ADA , such as the breaker block pattern, which also signals a possible upward breakout.
#Cardano #Bitcoin #Blockchain #CanaryLitecoinETF
#Cardano #Bitcoin #Blockchain #CanaryLitecoinETF
🚀 Toncoin Surpasses Cardano in Crypto Top 10 📈
- Toncoin (TON) has edged out Cardano (ADA) from the top 10 cryptocurrencies by market cap.
- Reasons: Increased adoption, strategic partnerships, and community engagement on TON.
- Market Sentiment: Speculation rife on whether #Toncoin or a new contender like #Rollblock could lead the next crypto surge.
Stay tuned for more updates! #CryptoNews #Toncoin #Cardano #Write2Earn!
- Toncoin (TON) has edged out Cardano (ADA) from the top 10 cryptocurrencies by market cap.
- Reasons: Increased adoption, strategic partnerships, and community engagement on TON.
- Market Sentiment: Speculation rife on whether #Toncoin or a new contender like #Rollblock could lead the next crypto surge.
Stay tuned for more updates! #CryptoNews #Toncoin #Cardano #Write2Earn!
Beyond Bitcoin: 3 Altcoins Ready to Explode During the Bull Run
While Bitcoin ($BTC ) continues its impressive rally, savvy investors are turning their attention to altcoins that are gearing up for their own meteoric rises. Here’s a spotlight on three altcoins to watch in this bull market cycle:
1. Husky Inu ($HINU)
Husky Inu is making waves with its lightning-fast presale. The second round sold out in no time, and the third round is gaining even more traction! With almost $447K raised and a focus on utility within the Solana ecosystem, $HINU is ready to compete with Dogecoin and Shiba Inu. Keep your eyes on this project as it builds out its Decentralized Exchange and Earn App.
2. Cardano ($ADA)
Cardano has been quietly revolutionizing blockchain with its research-driven, scalable platform. As the 11th largest crypto by market cap, it’s building a sustainable future for dApps and smart contracts. $ADA’s rigorous architecture and staking rewards via Ouroboros are turning heads in the crypto world.
3. Bonk ($BONK)
The first meme token on Solana, Bonk ($BONK), has a dedicated community and viral potential! With airdrops to Solana holders and a mission to bring liquidity back to Solana DEXs, $BONK is poised to deliver huge gains. In the past week, $BONK has already surged 15%, with much more expected during the bull run.
#CryptoAltcoins
#BitcoinRally #HuskyInu #Cardano #Bonk
$ETH
$BTC
While Bitcoin ($BTC ) continues its impressive rally, savvy investors are turning their attention to altcoins that are gearing up for their own meteoric rises. Here’s a spotlight on three altcoins to watch in this bull market cycle:
1. Husky Inu ($HINU)
Husky Inu is making waves with its lightning-fast presale. The second round sold out in no time, and the third round is gaining even more traction! With almost $447K raised and a focus on utility within the Solana ecosystem, $HINU is ready to compete with Dogecoin and Shiba Inu. Keep your eyes on this project as it builds out its Decentralized Exchange and Earn App.
2. Cardano ($ADA)
Cardano has been quietly revolutionizing blockchain with its research-driven, scalable platform. As the 11th largest crypto by market cap, it’s building a sustainable future for dApps and smart contracts. $ADA’s rigorous architecture and staking rewards via Ouroboros are turning heads in the crypto world.
3. Bonk ($BONK)
The first meme token on Solana, Bonk ($BONK), has a dedicated community and viral potential! With airdrops to Solana holders and a mission to bring liquidity back to Solana DEXs, $BONK is poised to deliver huge gains. In the past week, $BONK has already surged 15%, with much more expected during the bull run.
#CryptoAltcoins
#BitcoinRally #HuskyInu #Cardano #Bonk
$ETH
$BTC
Is the next big move for Cardano ($ADA ) on the horizon? 👀
While Bitcoin continues its climb, $ADA has been steadily moving sideways for four months, building up the tension for a potential breakout! 🚀 Currently trading at $0.353, with a market cap of $12.37B, ADA’s symmetrical triangle structure hints at a breakout to $0.4570 and $0.5217! 📈
📊 According to Santiment, ADA's 30-day MVRV ratio dropped below -5%, a historical buy zone for long-term investors. Wallets holding 1M-10M ADA have grown by 3.59%, showing confidence in a major move ahead!
Will Cardano follow Bitcoin’s lead, or is it ready to carve its own path? Stay sharp, traders! 🔥
#Binance #Cardano #ADA #CryptoDeNostradame #Crypto
While Bitcoin continues its climb, $ADA has been steadily moving sideways for four months, building up the tension for a potential breakout! 🚀 Currently trading at $0.353, with a market cap of $12.37B, ADA’s symmetrical triangle structure hints at a breakout to $0.4570 and $0.5217! 📈
📊 According to Santiment, ADA's 30-day MVRV ratio dropped below -5%, a historical buy zone for long-term investors. Wallets holding 1M-10M ADA have grown by 3.59%, showing confidence in a major move ahead!
Will Cardano follow Bitcoin’s lead, or is it ready to carve its own path? Stay sharp, traders! 🔥
#Binance #Cardano #ADA #CryptoDeNostradame #Crypto
Google Gemini Sets $10 Target for Cardano in 2025
The crypto world is heating up as two AI predictions shake the industry. Google Gemini has set a bold $10 price target for Cardano (ADA) by 2025.
Google Gemini Eyes $10: Can Cardano (ADA) Hit This Ambitious Target?
When Google Gemini, a well-known AI engine, was asked to estimate the price of the well-known Cardano ADA token, it set a $10 price goal. Well, it seemed unrealistic considering its current price of $0.3622, but certain strong internal developments made the $10 price aim attainable.
Recently, Cardano (ADA) underwent major changes that have drawn attention from experts and investors alike. Cardano (ADA) has advanced much in its quest for total decentralization. The Chang hard fork upgrade went live on September 1st, which was a significant milestone in the community’s control of the blockchain.
To further improve the network’s security and decentralization, Input Output Global (IOG) terminated its genesis keys. These changes have reinforced Cardano’s (ADA) foundation, resulting in a more resilient and autonomous network.
Furthermore, an analyst Dan Gambardello is bullish on Cardano (ADA), suggesting it is currently 10x stronger than past market cycles. He lists a number of variables that went into this analysis, such as better scalability made possible by the Hydra layer-2 solution, a larger market capitalization, and community ownership.
Over the previous several years, Cardano’s market capitalization has increased significantly. With a market valuation of $2.997 billion, ADA was rated 12th in the cryptocurrency industry in 2020. Cardano’s market capitalization, as of the most current data, is $12.67 billion, a significant rise.
Cardano (ADA) has shown tenacity throughout the market slump of 2022 and 2023 by holding its place in the top cryptocurrencies for a considerable amount of time, despite recent underperformance. These are the few factors that makes it seem like that Cardano (ADA) will achieve the $10 price target set by Google Gemini.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ADA #Cardano
Google Gemini Eyes $10: Can Cardano (ADA) Hit This Ambitious Target?
When Google Gemini, a well-known AI engine, was asked to estimate the price of the well-known Cardano ADA token, it set a $10 price goal. Well, it seemed unrealistic considering its current price of $0.3622, but certain strong internal developments made the $10 price aim attainable.
Recently, Cardano (ADA) underwent major changes that have drawn attention from experts and investors alike. Cardano (ADA) has advanced much in its quest for total decentralization. The Chang hard fork upgrade went live on September 1st, which was a significant milestone in the community’s control of the blockchain.
To further improve the network’s security and decentralization, Input Output Global (IOG) terminated its genesis keys. These changes have reinforced Cardano’s (ADA) foundation, resulting in a more resilient and autonomous network.
Furthermore, an analyst Dan Gambardello is bullish on Cardano (ADA), suggesting it is currently 10x stronger than past market cycles. He lists a number of variables that went into this analysis, such as better scalability made possible by the Hydra layer-2 solution, a larger market capitalization, and community ownership.
Over the previous several years, Cardano’s market capitalization has increased significantly. With a market valuation of $2.997 billion, ADA was rated 12th in the cryptocurrency industry in 2020. Cardano’s market capitalization, as of the most current data, is $12.67 billion, a significant rise.
Cardano (ADA) has shown tenacity throughout the market slump of 2022 and 2023 by holding its place in the top cryptocurrencies for a considerable amount of time, despite recent underperformance. These are the few factors that makes it seem like that Cardano (ADA) will achieve the $10 price target set by Google Gemini.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#ADA #Cardano
Cardano founder Charles Hoskinson reveals why venture giant Andreessen Horowitz (a16z Crypto) failed to include Cardano in its recently published State of Crypto 2024 report.
Yesterday, the crypto arm of leading venture capitalist Andreessen Horowitz (a16z Crypto) released the 2024 edition of its State of Crypto report. The VC highlighted the latest trends among crypto builders and recent tech improvements in the report.
Reacting, Hoskinson emphasized that VCs usually write about projects they are invested in and could profit from. The comment implies that a16z will not highlight Cardano’s stats since the venture capitalist has no financial stake in the project.
#Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
Yesterday, the crypto arm of leading venture capitalist Andreessen Horowitz (a16z Crypto) released the 2024 edition of its State of Crypto report. The VC highlighted the latest trends among crypto builders and recent tech improvements in the report.
Reacting, Hoskinson emphasized that VCs usually write about projects they are invested in and could profit from. The comment implies that a16z will not highlight Cardano’s stats since the venture capitalist has no financial stake in the project.
#Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
Earth Meta ( EMT )
EarthMeta (EMT) goes beyond the Metaverse and AI trend by merging these technologies into a unified, decentralized platform. It’s more than a virtual space; it’s a digital economy where users can own, manage, and monetize virtual real estate, all secured by blockchain technology.
The $EMT token, now in its presale phase at $0.015 per token, offers a unique early investment opportunity. EarthMeta stands out through its blend of technology, timing, and market positioning, leveraging AI for immersive experiences and blockchain for secure, transparent transactions.
With a promising roadmap that includes DEX and CEX listings, staking pools, and the EarthMeta AR App, this project has the potential to boost platform utility and drive demand for the $EMT token. It’s not just a speculative play; it’s a solid foundation for growth.
If you’re looking for a project with the potential for a 1,000x return, EarthMeta should be at the top of your list.
#Shibainu #ADA #Cardano #BTC☀ #Sol
EarthMeta (EMT) goes beyond the Metaverse and AI trend by merging these technologies into a unified, decentralized platform. It’s more than a virtual space; it’s a digital economy where users can own, manage, and monetize virtual real estate, all secured by blockchain technology.
The $EMT token, now in its presale phase at $0.015 per token, offers a unique early investment opportunity. EarthMeta stands out through its blend of technology, timing, and market positioning, leveraging AI for immersive experiences and blockchain for secure, transparent transactions.
With a promising roadmap that includes DEX and CEX listings, staking pools, and the EarthMeta AR App, this project has the potential to boost platform utility and drive demand for the $EMT token. It’s not just a speculative play; it’s a solid foundation for growth.
If you’re looking for a project with the potential for a 1,000x return, EarthMeta should be at the top of your list.
#Shibainu #ADA #Cardano #BTC☀ #Sol
🚀 Cardano ($ADA ) Update! 🚀
Current Price: $0.3568 (-1.92%)
24h High: $0.3711
24h Low: $0.3475
24h Volume (ADA): 124.29M
24h Volume (USDT): 44.78M
---
Hey Binance fam! Here’s the latest scoop on Cardano ($ADA )! Currently priced at $0.3568, $ADA has dipped 1.92% recently, but don’t let that dissuade you—there’s more to the story!
Key Highlights:
Trading Activity: With a substantial 124.29 million ADA traded in the last 24 hours, interest remains strong in the Cardano ecosystem. The increased volume indicates active engagement from both traders and investors.
Recent Performance: Over the past 4 hours, $ADA has shown signs of life with a slight gain of +0.31%.
Performance Overview:
Today: -1.59%
Last 7 Days: +1.59%
Last 30 Days: +0.93%
Last 90 Days: -1.95%
Last 180 Days: -20.73%
Last Year: +44.24%
Why Watch $ADA ?
Despite a recent price drop, Cardano’s long-term potential is still promising, especially with its solid fundamentals and ongoing developments in its Layer 1 protocol. The current price dip may present a unique buying opportunity for investors looking to accumulate during a pullback.
Join the Cardano Movement!
If you’re passionate about innovative blockchain technology and looking for long-term gains, keep ADA on your watchlist. Let’s ride the waves of the crypto market together!
Happy trading on Binance!
#Cardano #ADA #CryptoUpdate #Binance #Layer1
Current Price: $0.3568 (-1.92%)
24h High: $0.3711
24h Low: $0.3475
24h Volume (ADA): 124.29M
24h Volume (USDT): 44.78M
---
Hey Binance fam! Here’s the latest scoop on Cardano ($ADA )! Currently priced at $0.3568, $ADA has dipped 1.92% recently, but don’t let that dissuade you—there’s more to the story!
Key Highlights:
Trading Activity: With a substantial 124.29 million ADA traded in the last 24 hours, interest remains strong in the Cardano ecosystem. The increased volume indicates active engagement from both traders and investors.
Recent Performance: Over the past 4 hours, $ADA has shown signs of life with a slight gain of +0.31%.
Performance Overview:
Today: -1.59%
Last 7 Days: +1.59%
Last 30 Days: +0.93%
Last 90 Days: -1.95%
Last 180 Days: -20.73%
Last Year: +44.24%
Why Watch $ADA ?
Despite a recent price drop, Cardano’s long-term potential is still promising, especially with its solid fundamentals and ongoing developments in its Layer 1 protocol. The current price dip may present a unique buying opportunity for investors looking to accumulate during a pullback.
Join the Cardano Movement!
If you’re passionate about innovative blockchain technology and looking for long-term gains, keep ADA on your watchlist. Let’s ride the waves of the crypto market together!
Happy trading on Binance!
#Cardano #ADA #CryptoUpdate #Binance #Layer1
Cardano founder Charles Hoskinson recently identified a “long overdue” enhancement that could bring crucial improvements to the Cardano blockchain.
He mentioned this in a discussion started by Cardano blockchain developer Andrew Westberg. Notably, in an X post, the prominent developer recently triggered a conversation on the priorities for the platform’s future.
#Cardano #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
He mentioned this in a discussion started by Cardano blockchain developer Andrew Westberg. Notably, in an X post, the prominent developer recently triggered a conversation on the priorities for the platform’s future.
#Cardano #Crypto #CryptoNewsCommunity #CryptoNews🚀🔥V #CryptoNewsUSA
Cardano founder Charles Hoskinson reacted to an X post asking if an ADA pump would solve all of Cardano’s problems.
The Cardano network has faced a series of FUD in recent times. Some of this FUD has come in the form of comments that the ecosystem was dead.
Meanwhile, others have classified Cardano as a “low integrity shitcoin,” while some argue that the ecosystem prevented users from devesting. Amid these criticisms, the ecosystem and its founder have come under intense reproval. Notably, most of the criticisms stemmed from ADA’s lackluster performances. For context, the 11th largest crypto asset has failed to trade above $1 since April 2022. ADA’s closest run to a dollar in over two years was its push to $0.8 in March.
In a recent remark, Hoskinson expressed belief that a price pump will end all the criticism Cardano has faced recently. The founder responded with a “Yes” GIF to an X post asking if the network’s problems will go away should ADA appreciate.
#Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
The Cardano network has faced a series of FUD in recent times. Some of this FUD has come in the form of comments that the ecosystem was dead.
Meanwhile, others have classified Cardano as a “low integrity shitcoin,” while some argue that the ecosystem prevented users from devesting. Amid these criticisms, the ecosystem and its founder have come under intense reproval. Notably, most of the criticisms stemmed from ADA’s lackluster performances. For context, the 11th largest crypto asset has failed to trade above $1 since April 2022. ADA’s closest run to a dollar in over two years was its push to $0.8 in March.
In a recent remark, Hoskinson expressed belief that a price pump will end all the criticism Cardano has faced recently. The founder responded with a “Yes” GIF to an X post asking if the network’s problems will go away should ADA appreciate.
#Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewsUSA
Charles Hoskinson introduces Cardano’s “Bill of Rights,” outlining 11 blockchain tenets for governance, privacy, efficiency, and user protections.
In a recent broadcast, Charles Hoskinson, founder of Cardano, outlined a framework for blockchain governance that he described as a “Bill of Rights” for the Cardano ecosystem.
His announcement marks a significant development in the blockchain’s evolution, aiming to establish a governance model that ensures user rights and expectations are clearly defined. The move is part of an ongoing effort, with over 50 workshops conducted and elected delegates helping to craft a comprehensive constitution for Cardano.
#Cardano #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
In a recent broadcast, Charles Hoskinson, founder of Cardano, outlined a framework for blockchain governance that he described as a “Bill of Rights” for the Cardano ecosystem.
His announcement marks a significant development in the blockchain’s evolution, aiming to establish a governance model that ensures user rights and expectations are clearly defined. The move is part of an ongoing effort, with over 50 workshops conducted and elected delegates helping to craft a comprehensive constitution for Cardano.
#Cardano #Crypto #CryptoNewsDaddy #CryptoNews🚀🔥" #CryptoNewsUSA
IT IS HAPPENING NOW FOR #BITCOIN - $BTC !! 🚨🚀
(Watch ASAP)
Altcoins in video:
#Cardano - $ADA
#SolanaUSTD - $SOL
Watch NOW 👇
(Watch ASAP)
Altcoins in video:
#Cardano - $ADA
#SolanaUSTD - $SOL
Watch NOW 👇
Charles Hoskinson humorously reacts to the Herd proposal, a decentralized music and DJ battle game that integrates blockchain and NFTs.
Cardano’s founder, Charles Hoskinson, recently reacted to a new gaming proposal within Project Catalyst, a hub for community innovation. The proposal, put forward by Pierre Aceituno, outlines the development of Herd, a decentralized music and DJ battle game. This game aims to integrate blockchain technology, NFTs, and community governance.
A Unique Gaming Experience
Herd allows players to mix sound packs in real time while engaging in DJ battles that are streamed live on Twitch. Notably, players can compete against AI and earn rewards through active participation in the community. The game leverages the potential of NFTs, enabling artists to monetize their work by creating sound packs. Moreover, artists will receive royalties from in-game transactions and secondary market sales. This could help to promote sustainable revenue streams for creators.
In a recent social media post from Romain Pellerin, the CTO of Input Output, Hoskinson humorously reacted to the ambitious project. He posted a gif with the remark, “He’s gone mad with power,” highlighting his amusement at the bold vision Aceituno presented.
#Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewss
Cardano’s founder, Charles Hoskinson, recently reacted to a new gaming proposal within Project Catalyst, a hub for community innovation. The proposal, put forward by Pierre Aceituno, outlines the development of Herd, a decentralized music and DJ battle game. This game aims to integrate blockchain technology, NFTs, and community governance.
A Unique Gaming Experience
Herd allows players to mix sound packs in real time while engaging in DJ battles that are streamed live on Twitch. Notably, players can compete against AI and earn rewards through active participation in the community. The game leverages the potential of NFTs, enabling artists to monetize their work by creating sound packs. Moreover, artists will receive royalties from in-game transactions and secondary market sales. This could help to promote sustainable revenue streams for creators.
In a recent social media post from Romain Pellerin, the CTO of Input Output, Hoskinson humorously reacted to the ambitious project. He posted a gif with the remark, “He’s gone mad with power,” highlighting his amusement at the bold vision Aceituno presented.
#Cardano #Crypto #CryptoNews” #CryptoNewssCommunity #CryptoNewss
🚨 Whale Alert: Cardano Whales Shift $6 Billion in ADA! Is a Rally in Sight? 🚀
The crypto seas are stirring, and Cardano’s making waves! 🐋 Over $6 billion in ADA trades by whales just hit the market, hinting at a potential price rally. After riding through a bearish week, ADA is showing resilience with a 4% boost, rising to $0.33260—an exciting rebound for the community.
But there’s more than just whale moves fueling ADA’s momentum. With 1,376 active projects and recent updates to its node software, Cardano’s ecosystem is drawing blockchain enthusiasts and developers alike. Add founder Charles Hoskinson’s dedication to decentralization, and ADA might just have its sights set on $0.5!
Are we on the verge of a new ADA surge? Keep your eyes on Binance, and get ready for the ride! 🌊📈
#Binance #Cardano #ADA #whalealerts #CryptoMarket
But there’s more than just whale moves fueling ADA’s momentum. With 1,376 active projects and recent updates to its node software, Cardano’s ecosystem is drawing blockchain enthusiasts and developers alike. Add founder Charles Hoskinson’s dedication to decentralization, and ADA might just have its sights set on $0.5!
Are we on the verge of a new ADA surge? Keep your eyes on Binance, and get ready for the ride! 🌊📈
#Binance #Cardano #ADA #whalealerts #CryptoMarket
Cardano Whales Move $6 Billion In One Day, Fueling ADA Price To $0.5?
In an intriguing move, Cardano (ADA) has rallied by approximately 4% in 24 hours, suggesting an increase in significant ADA holders' activity. ADA began the week bearish and fell most of the week. The ADA price declined 9.5% to $0.33260. This low has been overcome by a 6% crypto rally.
Whales, or significant holders, made several transactions during this price comeback. This transaction volume was 17.33 billion ADA, worth $6 billion, according to IntoTheBlock (ITB).
IntoTheBlock's Large Transaction Volume statistic monitors transactions above $100,000. It seems that whale trades totaled $24.18 billion in the last week, up from last week. In the preceding three days, $6 billion was traded on October 11 and $5.8 billion on October 10.
The rise in whale activity seems to be tied to Cardano ecosystem advances. InputOutput said that Cardano remains a hotspot for blockchain engineers, particularly after node updates to v.9.2.0 and v.9.2.1. According to InputOutput, 1,376 Cardano projects were active by September, demonstrating its appeal among blockchain entrepreneurs. September saw 80,000 native tokens produced and 1.34 million network transactions.
ADA to reach $0.5 or drop?
In recent weeks, investors have been more hostile than normal about ADA's price movement, notably on social media. On social networking site X, Cardano founder Charles Hoskinson addressed this viewpoint.
Hoskinson said Cardano's poor prognosis doesn't indicate failure, adding that the project is growing. He also criticized other crypto ecosystems, saying Cardano is one of the few remaining devoted to being a decentralized currency, unlike others aligned with BlackRock and Wall Street.
The ADA price has held a critical support level at $0.33, which gives optimistic investors hope despite pessimism. On-chain data like net network expansion and futures market momentum provide optimism. The current increase in whale activity may portend a persistent ADA price hike.
#Cardano #Ada $ADA
In an intriguing move, Cardano (ADA) has rallied by approximately 4% in 24 hours, suggesting an increase in significant ADA holders' activity. ADA began the week bearish and fell most of the week. The ADA price declined 9.5% to $0.33260. This low has been overcome by a 6% crypto rally.
Whales, or significant holders, made several transactions during this price comeback. This transaction volume was 17.33 billion ADA, worth $6 billion, according to IntoTheBlock (ITB).
IntoTheBlock's Large Transaction Volume statistic monitors transactions above $100,000. It seems that whale trades totaled $24.18 billion in the last week, up from last week. In the preceding three days, $6 billion was traded on October 11 and $5.8 billion on October 10.
The rise in whale activity seems to be tied to Cardano ecosystem advances. InputOutput said that Cardano remains a hotspot for blockchain engineers, particularly after node updates to v.9.2.0 and v.9.2.1. According to InputOutput, 1,376 Cardano projects were active by September, demonstrating its appeal among blockchain entrepreneurs. September saw 80,000 native tokens produced and 1.34 million network transactions.
ADA to reach $0.5 or drop?
In recent weeks, investors have been more hostile than normal about ADA's price movement, notably on social media. On social networking site X, Cardano founder Charles Hoskinson addressed this viewpoint.
Hoskinson said Cardano's poor prognosis doesn't indicate failure, adding that the project is growing. He also criticized other crypto ecosystems, saying Cardano is one of the few remaining devoted to being a decentralized currency, unlike others aligned with BlackRock and Wall Street.
The ADA price has held a critical support level at $0.33, which gives optimistic investors hope despite pessimism. On-chain data like net network expansion and futures market momentum provide optimism. The current increase in whale activity may portend a persistent ADA price hike.
#Cardano #Ada $ADA
🚀 Cardano Whales Move $6 Billion in Just One Day! Could ADA Hit $0.50? 🤔
In an exciting turn of events, Cardano (ADA) has surged by approximately 4% in the last 24 hours, signaling a significant uptick in activity among major ADA holders! After experiencing a bearish start to the week with a 9.5% drop to $0.33260, ADA has rebounded impressively with a 6% rally.
💰 Whale Activity on the Rise!
Recent data from IntoTheBlock (ITB) reveals that whales executed transactions totaling a staggering 17.33 billion ADA, worth $6 billion! The total whale trades surged to $24.18 billion over the past week, with $6 billion traded on October 11 alone.
🌐 Cardano Ecosystem Advances Fueling Growth
The increase in whale transactions aligns with recent developments within the Cardano ecosystem. With updates to versions v.9.2.0 and v.9.2.1, Cardano is proving to be a hotbed for blockchain innovation. In September, there were 1,376 active Cardano projects and 80,000 native tokens created, showcasing its thriving ecosystem.
🧐 Will ADA Reach $0.50 or Face a Pullback?
Despite recent challenges, ADA has maintained a critical support level at $0.33, giving hope to optimistic investors. Notably, Cardano founder Charles Hoskinson has addressed concerns regarding ADA’s outlook, emphasizing that the project is still growing and committed to its decentralized vision, unlike some competitors.
With on-chain data reflecting a net expansion of the network and positive futures market momentum, the recent spike in whale activity may suggest a continued upward trajectory for ADA.
🔍 Current ADA Price: $0.3589 (+1.35%)
What are your thoughts on ADA's future? Will we see it hit $0.50? Join the conversation! 💬👇
#Cardano #ADA #Crypto #WhaleWatch #Write2Earn!
In an exciting turn of events, Cardano (ADA) has surged by approximately 4% in the last 24 hours, signaling a significant uptick in activity among major ADA holders! After experiencing a bearish start to the week with a 9.5% drop to $0.33260, ADA has rebounded impressively with a 6% rally.
💰 Whale Activity on the Rise!
Recent data from IntoTheBlock (ITB) reveals that whales executed transactions totaling a staggering 17.33 billion ADA, worth $6 billion! The total whale trades surged to $24.18 billion over the past week, with $6 billion traded on October 11 alone.
🌐 Cardano Ecosystem Advances Fueling Growth
The increase in whale transactions aligns with recent developments within the Cardano ecosystem. With updates to versions v.9.2.0 and v.9.2.1, Cardano is proving to be a hotbed for blockchain innovation. In September, there were 1,376 active Cardano projects and 80,000 native tokens created, showcasing its thriving ecosystem.
🧐 Will ADA Reach $0.50 or Face a Pullback?
Despite recent challenges, ADA has maintained a critical support level at $0.33, giving hope to optimistic investors. Notably, Cardano founder Charles Hoskinson has addressed concerns regarding ADA’s outlook, emphasizing that the project is still growing and committed to its decentralized vision, unlike some competitors.
With on-chain data reflecting a net expansion of the network and positive futures market momentum, the recent spike in whale activity may suggest a continued upward trajectory for ADA.
🔍 Current ADA Price: $0.3589 (+1.35%)
What are your thoughts on ADA's future? Will we see it hit $0.50? Join the conversation! 💬👇
#Cardano #ADA #Crypto #WhaleWatch #Write2Earn!
Cardano Whales Move $6 Billion In One Day, Fueling ADA Price To $0.5?
In an intriguing move, Cardano (ADA) has rallied by approximately 4% in 24 hours, suggesting an increase in significant ADA holders' activity. ADA began the week bearish and fell most of the week. The ADA price declined 9.5% to $0.33260. This low has been overcome by a 6% crypto rally.
Whales, or significant holders, made several transactions during this price comeback. This transaction volume was 17.33 billion ADA, worth $6 billion, according to IntoTheBlock (ITB).
IntoTheBlock's Large Transaction Volume statistic monitors transactions above $100,000. It seems that whale trades totaled $24.18 billion in the last week, up from last week. In the preceding three days, $6 billion was traded on October 11 and $5.8 billion on October 10.
The rise in whale activity seems to be tied to Cardano ecosystem advances. InputOutput said that Cardano remains a hotspot for blockchain engineers, particularly after node updates to v.9.2.0 and v.9.2.1. According to InputOutput, 1,376 Cardano projects were active by September, demonstrating its appeal among blockchain entrepreneurs. September saw 80,000 native tokens produced and 1.34 million network transactions.
ADA to reach $0.5 or drop?
In recent weeks, investors have been more hostile than normal about ADA's price movement, notably on social media. On social networking site X, Cardano founder Charles Hoskinson addressed this viewpoint.
Hoskinson said Cardano's poor prognosis doesn't indicate failure, adding that the project is growing. He also criticized other crypto ecosystems, saying Cardano is one of the few remaining devoted to being a decentralized currency, unlike others aligned with BlackRock and Wall Street.
The ADA price has held a critical support level at $0.33, which gives optimistic investors hope despite pessimism. On-chain data like net network expansion and futures market momentum provide optimism. The current increase in whale activity may portend a persistent ADA price hike.
#Cardano
#Ada $ADA
ADA
0.3579
+1.1%
In an intriguing move, Cardano (ADA) has rallied by approximately 4% in 24 hours, suggesting an increase in significant ADA holders' activity. ADA began the week bearish and fell most of the week. The ADA price declined 9.5% to $0.33260. This low has been overcome by a 6% crypto rally.
Whales, or significant holders, made several transactions during this price comeback. This transaction volume was 17.33 billion ADA, worth $6 billion, according to IntoTheBlock (ITB).
IntoTheBlock's Large Transaction Volume statistic monitors transactions above $100,000. It seems that whale trades totaled $24.18 billion in the last week, up from last week. In the preceding three days, $6 billion was traded on October 11 and $5.8 billion on October 10.
The rise in whale activity seems to be tied to Cardano ecosystem advances. InputOutput said that Cardano remains a hotspot for blockchain engineers, particularly after node updates to v.9.2.0 and v.9.2.1. According to InputOutput, 1,376 Cardano projects were active by September, demonstrating its appeal among blockchain entrepreneurs. September saw 80,000 native tokens produced and 1.34 million network transactions.
ADA to reach $0.5 or drop?
In recent weeks, investors have been more hostile than normal about ADA's price movement, notably on social media. On social networking site X, Cardano founder Charles Hoskinson addressed this viewpoint.
Hoskinson said Cardano's poor prognosis doesn't indicate failure, adding that the project is growing. He also criticized other crypto ecosystems, saying Cardano is one of the few remaining devoted to being a decentralized currency, unlike others aligned with BlackRock and Wall Street.
The ADA price has held a critical support level at $0.33, which gives optimistic investors hope despite pessimism. On-chain data like net network expansion and futures market momentum provide optimism. The current increase in whale activity may portend a persistent ADA price hike.
#Cardano
#Ada $ADA
ADA
0.3579
+1.1%
Cardano Hosts First Legally Enforceable Smart Contract in Argentina As Hoskinson Says ADA Isn't Dying
Cardano hosted its first legally binding smart contract signed in Argentina and under its courts.
InputOutput Global chief technology officer Romain Pellerin said on X that “Cardano paves the way of legally enforceable smart contracts in Argentina.”
First enforceable smart contract from Cardano In Argentina
Mauro Andreoli, Cardano ambassador, recently announced the signature of the first legally binding contract on the network, over which Argentina's courts have authority.
Andreoli and Lucas Macchia loaned 10,000 Cardano (ADA) tokens, worth $3,380, for four months at 10% interest.
The two also signed a legal document detailing the smart contract loan's blockchain, wallet, and Transaction ID.
In an Oct. 8 X post, Andreoli said this is the first time an Argentine court can execute complete ADA coin payment via a Cardano smart contract:
We executed the first legally and judicially binding Cardano contract in complete line with Argentine law.
The milestone may persuade Argentine courts to acknowledge smart contracts as a tool to streamline business transactions, Andreoli said.
Legally, this provides evidence and reduces procedural stages, starting the process of improving national law and enabling business.
“Cardano Is Thriving And Growing”: Hoskinson Boldly Addresses Critics
Cardano developer Charles Hoskinson defended the blockchain despite growing criticism.
“Cardano lives. Growing and flourishing. One of the final cryptocurrencies that aspires to be a true coin rather than a Blackrock and Wall Street sponsor for number go ups, Hoskinson stated.
Hoskinson said on X that Cardano's current decline is “rather the desired result of Voltaire” rather than “somehow failing.” Cardano entered the Age of Voltaire on Sept. 1.
#Cardano #Ada $ADA
Cardano hosted its first legally binding smart contract signed in Argentina and under its courts.
InputOutput Global chief technology officer Romain Pellerin said on X that “Cardano paves the way of legally enforceable smart contracts in Argentina.”
First enforceable smart contract from Cardano In Argentina
Mauro Andreoli, Cardano ambassador, recently announced the signature of the first legally binding contract on the network, over which Argentina's courts have authority.
Andreoli and Lucas Macchia loaned 10,000 Cardano (ADA) tokens, worth $3,380, for four months at 10% interest.
The two also signed a legal document detailing the smart contract loan's blockchain, wallet, and Transaction ID.
In an Oct. 8 X post, Andreoli said this is the first time an Argentine court can execute complete ADA coin payment via a Cardano smart contract:
We executed the first legally and judicially binding Cardano contract in complete line with Argentine law.
The milestone may persuade Argentine courts to acknowledge smart contracts as a tool to streamline business transactions, Andreoli said.
Legally, this provides evidence and reduces procedural stages, starting the process of improving national law and enabling business.
“Cardano Is Thriving And Growing”: Hoskinson Boldly Addresses Critics
Cardano developer Charles Hoskinson defended the blockchain despite growing criticism.
“Cardano lives. Growing and flourishing. One of the final cryptocurrencies that aspires to be a true coin rather than a Blackrock and Wall Street sponsor for number go ups, Hoskinson stated.
Hoskinson said on X that Cardano's current decline is “rather the desired result of Voltaire” rather than “somehow failing.” Cardano entered the Age of Voltaire on Sept. 1.
#Cardano #Ada $ADA
