• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano Gains Institutional Attention as Market Faces Volatility

user avatar

by Giorgi Kostiuk

8 months ago


Cardano (ADA) has surprised the markets by showing a price increase amidst a general downturn in the global crypto market.

Cardano Price Surge

Cardano reached an 18-month high of $0.80, rising by 4.1% in the past day, despite a 1.2% decrease in the global cryptocurrency market cap.

Whale Activity and Open Interest

Large transactions involving ADA over $100,000 reached 9,824 last week, the highest in five months. Open interest also crossed the $400 million mark for the first time since August, indicating increased interest from derivatives traders.

Long-Term Changes and Volatility

Despite the price surge, the number of long-term Cardano holders with positive returns has declined. The decrease in transaction volume in profit suggests a cooling trend in profit-taking, although this could increase Cardano's volatility.

While Cardano shows steady growth amid market turbulence, increased volatility and external factors such as geopolitical instability may affect its future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

BTC Bull Token set to launch while BlockDAG partners with Seattle Orcas

chest

The BTC Bull Token is preparing to launch, and BlockDAG has formed a significant partnership with Seattle Orcas, enhancing its market position.

user avatarGiorgi Kostiuk

GameSquare Acquires 1,818.84 ETH for $5 Million, Strengthening Its Position in the Crypto Industry

chest

GameSquare announces the purchase of 1,818.84 ETH for $5 million, highlighting the growing interest in corporate investments in digital assets.

user avatarGiorgi Kostiuk

Cosmos and Lightchain AI: Foundational Approaches to Blockchain Adoption

chest

Cosmos focuses on modular architecture and cross-chain solutions, while Lightchain AI drives real-world adoption through incentives.

user avatarGiorgi Kostiuk

Bitcoin Pepe and BlockDAG: Market Trend Analysis

chest

We compare Bitcoin Pepe and BlockDAG: short-term successes versus real infrastructure in the crypto industry.

user avatarGiorgi Kostiuk

Ruvi AI (RUVI): A New Cryptocurrency That Could Outperform Solana

chest

The development of the new cryptocurrency Ruvi AI (RUVI) attracts investors' attention due to its unique offerings and growth opportunities.

user avatarGiorgi Kostiuk

Bitcoin Sets New All-Time High, Sparkling Optimism in the Crypto Market

chest

Bitcoin has reached a record of $116,868, prompting active movement in the cryptocurrency market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.