|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Similar to Cardano (ADA) Decouples From the Market as Whale Transactions Fuel a Pre-Rally +26% Burst
Nov 21, 2024 at 03:15 am
Cardano's native token (ADA) has performed well despite the downturn in the broader crypto market. The token has seen a notable price gain amidst increased whale activity.
Cardano’s native token (ADA) has seen a remarkable rally in recent days, largely driven by a surge in whale activity and a strong institutional interest in the cryptocurrency.
Cardano’s native token (ADA) has seen a remarkable rally in recent days, largely driven by a surge in whale activity and a strong institutional interest in the cryptocurrency.
After breaking through a month-long price resistance at $0.80, ADA continued to surge, fueled by a 14% gain within 24 hours. This surge was accompanied by a 24% increase in daily transaction volume, reaching $2.27 billion, and a surge in large transactions, with those exceeding $100,000 hitting 9,824 last week, according to Santiment's data.
After breaking through a month-long price resistance at $0.80, ADA continued to surge, fueled by a 14% gain within 24 hours. This surge was accompanied by a 24% increase in daily transaction volume, reaching $2.27 billion, and a surge in large transactions, with those exceeding $100,000 hitting 9,824 last week, according to Santiment's data.
This level of large transactions was last seen five months ago. The recent surge in institutional interest has also been evident in the open interest for ADA futures, which reached $400 million, marking the first time since August.
This level of large transactions was last seen five months ago. The recent surge in institutional interest has also been evident in the open interest for ADA futures, which reached $400 million, marking the first time since August.
Chart: ADA institutional demand 24-Hour Price Chart | Source: CoinGecko
Chart: ADA institutional demand 24-Hour Price Chart | Source: CoinGecko
According to CoinGecko's data, ADA's price rose to $0.83 at the time of writing. This rally is particularly noteworthy considering the 1.2% decline in the global crypto market cap, which fell to $3.22 trillion in the past 24 hours, as reported by CoinGecko.
According to CoinGecko's data, ADA's price rose to $0.83 at the time of writing. This rally is particularly noteworthy considering the 1.2% decline in the global crypto market cap, which fell to $3.22 trillion in the past 24 hours, as reported by CoinGecko.
институциональный спрос на ADA достигает 5-месячного максимума, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрод на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спрос на ADA достигает 5-месячного максимуma, пока криптовалюта торгуется в плюсе институциональный спро
Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green, institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green, institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the positive, institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green, institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green, institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green, institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches a 5-month high while the cryptocurrency trades in the green Institutional demand for ADA reaches 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green institutional demand for ADA reaches a 5-month high while the cryptocurrency is trading in the green institutional demand
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Software Maker Turned Crypto Investor MicroStrategy Increases Size of Convertible Bond Offering to $2.6 Billion
- Nov 22, 2024 at 08:20 pm
- The firm, led by Michael Saylor, has acquired over 50,000 bitcoins since Trump’s pro-crypto administration took office, propelling its holdings to 331,000 tokens worth $31 billion.
-
- Four Altcoins Positioned for Explosive Gains in 2024: DOGE, TON, APT, and SOL
- Nov 22, 2024 at 08:20 pm
- Four specific altcoins have captured attention due to their promising technology and market positioning. This article delves into these digital assets, exploring why they might be poised for explosive gains in the near future.
-
- The RWA Sector Doubled by More Than 20% Over the Past Week and Now Appears to Be One of the Strongest Growing Areas in the Crypto Market
- Nov 22, 2024 at 08:20 pm
- The real-world asset sector’s market capitalization is $40.41 billion, with a 24-hour trading volume of $3.22 billion. RWAs are gaining stability as the next point in the innovation process by being a bridge for blockchain technology that links real assets with art, commodities, and real estate.