Cardano Rockets 50% After Reserve Inclusion – Will ETF Be Next?
Cardano (ADA) has surged significantly after its inclusion in the U.S. Crypto Strategic Reserve. This announcement has ignited massive excitement in the market. Investors have responded with aggressive buying, pushing ADA’s price up by 50%. The token soared from a low of $0.6461 to $1.00, according to CoinMarketCap. Its trading volume skyrocketed by 1,540% in just 24 hours, bringing its market capitalization close to $40 billion. The overall crypto market also reacted strongly, gaining nearly 10% to reach a $3.1 trillion market cap. Trading volumes surged by 150% to $190 billion, reflecting a wave of renewed investor interest. Market-Wide Impact of the Reserve Inclusion The announcement also triggered price increases for other cryptocurrencies included in the reserve. XRP jumped by 31.7%, while Solana (SOL) rose 22.6%. President Trump later confirmed that Bitcoin (BTC) and Ethereum (ETH) would also be part of the reserve, pushing BTC up 9.9% and ETH up 12.1%. This widespread rally highlights the importance of the reserve’s backing in shaping investor sentiment. The inclusion of these assets signals growing mainstream recognition of crypto’s role in financial markets. Whales Accumulate Massive ADA Holdings On-chain analyst Ali Martinez revealed that whales bought nearly 200 million ADA tokens within 24 hours. This massive accumulation suggests institutional investors have strong confidence in ADA’s future. Historically, large whale purchases precede extended price uptrends. If whales continue accumulating at this pace, ADA could experience further gains. Technical Indicators Show Bullish Momentum ADA has broken past a bullish flag and pole pattern on the weekly chart. This pattern began forming in December 2024. The breakout signals a potential rally of up to 90%. Analysts believe ADA could reach $1.90 if it maintains support above $1.05 by the week’s end. The token has also surged above the 200-day Exponential Moving Average (EMA) on the daily chart. Holding this level would reinforce bullish momentum and increase the likelihood of further gains. Future Outlook: Can ADA Sustain Its Rally? Cardano’s price now depends on whether it holds above $1.05. If it stays above this key level, the next target is $1.90. The U.S. Crypto Strategic Reserve’s backing has boosted investor confidence, strengthening ADA’s long-term outlook. If this momentum continues, Cardano may secure a more dominant position in the market. Cardano ETF Could Be on the Horizon Grayscale Investments recently added Cardano to its Smart Contract Fund alongside Ethereum, Solana, Avalanche, Sui, Near, and Polkadot. This move marks a significant milestone for ADA as it becomes part of a high-profile institutional fund. Additionally, Grayscale has filed a proposal with the U.S. SEC to launch a spot Cardano ETF. If approved, this ETF would be the first standalone Cardano investment product in the U.S. market. An ETF approval could attract institutional investors and further strengthen ADA’s long-term growth potential. Read Also: Pi Coin Down 20%—Will a Binance Listing Send It to $5 Soon? In conclusion, Cardano’s explosive price surge reflects strong market enthusiasm. The combination of whale accumulation, bullish technical patterns, and institutional interest has positioned ADA for potential long-term success. If the token maintains support at critical levels, its rally may continue. The possibility of a Cardano ETF adds another layer of excitement, potentially driving ADA’s price even higher in the coming months. Investors will closely watch ADA’s next moves as it navigates this bullish phase.
Cardano (ADA) Price at $0.77: Will Cardano’s Governance Leap Trigger a Rebound?
Cardano just took a monumental step toward full decentralization. The community ratified its constitution with an overwhelming 85.72% approval rate. This milestone cements Cardano as one of the most community-driven blockchain networks. Charles Hoskinson, Cardano’s visionary founder, confidently declared in a live stream on February 18 that the network now leads the competition. “Our advantage and lead are so significant, they can never catch us,” he said. His statement reflects Cardano’s commitment to innovation and decentralization. Why This Governance Shift Matters This development is not just another technical update. Cardano’s governance model now ensures that all network decisions rest in the hands of its users. More than 800 delegated representatives (DReps) and 108,000 delegators now have a say in the blockchain’s future. Hoskinson emphasized that this achievement comes after a decade-long journey, with 1,800 contributors across 50 countries shaping the network’s evolution. This ratification transforms Cardano from a typical blockchain into a dynamic, self-governing ecosystem. What Comes Next for Cardano? With governance now firmly in place, the network will focus on its long-term roadmap and budget. The community will also vote in September 2025 to elect new constitutional committee members, replacing the interim team. Cardano continues to push forward with innovative projects. Its partnership with BitcoinOS will enhance blockchain interoperability. Meanwhile, Midnight, a privacy-focused protocol, promises greater security for transactions. The Leios scaling solution will further optimize transaction speed and network efficiency. These advancements position Cardano as a leader in blockchain development. Why ADA’s Price Isn’t Reflecting the Hype Despite this major milestone, ADA trades at $0.76, reflecting a 3% dip over the past 24 hours. Many investors wonder why such a critical achievement has not immediately boosted the token’s price. Price movements in the crypto market do not always align with fundamental advancements. Market sentiment, external factors, and macroeconomic conditions often play a role. However, governance improvements typically pave the way for long-term value appreciation. Patient investors recognize the potential of Cardano’s decentralized governance model. What This Means for Cardano (ADA) Holders This governance transformation offers a significant opportunity for ADA holders. Unlike Bitcoin or Ethereum, where miners and developers control governance, Cardano empowers every token holder. Anyone holding ADA can participate in decision-making, influencing the network’s direction. Hoskinson has long championed this inclusive approach. He believes that by crowdsourcing ideas and leveraging AI, Cardano can remain at the forefront of blockchain technology. The community’s collective intelligence now drives the network’s future. Cardano’s Future Looks Unstoppable Cardano no longer operates as a conventional blockchain. It has evolved into a self-sustaining, community-led ecosystem. Although ADA’s price has yet to reflect this shift, the network’s long-term potential remains strong. Governance advancements and technological innovations will likely drive future growth. Many analysts believe Cardano’s governance model could set a new industry standard. If successful, it may inspire other blockchain networks to adopt similar decentralized frameworks. Read Also: Pi Coin Price Prediction: Can Binance Listing Propel PI to New Heights? What do you think about Cardano’s governance shift? Will this transformation push ADA to new heights? Share your thoughts in the comments.
Cardano Expands Institutional Reach with Virtune’s New ADA ETP on Nasdaq Helsinki
Cardano (ADA) continues to expand its institutional presence as Swedish asset manager Virtune AB launches a new exchange-traded product (ETP). The Virtune Cardano ETP (VIRADAE) now trades on Nasdaq Helsinki, offering institutional investors a transparent and regulated way to access ADA. Virtune launched this product alongside an Avalanche ETP, increasing mainstream crypto adoption in Europe. This ETP is 100% backed by ADA and denominated in EUR, ensuring investors gain direct exposure to the asset. Staking Benefits: Passive Income for Investors Unlike traditional ETPs, Virtune’s Cardano ETP provides an additional incentive through staking rewards. Investors earn a 2% annual return, which Virtune continuously adds to the product’s daily price. This staking feature aligns with Cardano’s goal of creating a sustainable and long-term blockchain ecosystem. Cardano’s proof-of-stake consensus model strengthens its value proposition by offering additional income opportunities to long-term holders. The integration of staking rewards enhances the appeal of this ETP for institutional investors seeking passive income. Cardano Joins Elite Digital Assets Virtune’s new product places Cardano among top-tier cryptocurrencies with institutional backing, including Bitcoin, Ethereum, Solana, and XRP. This listing significantly boosts ADA’s visibility and accessibility for European investors. As asset managers recognize ADA’s value, demand from institutional players may increase. Higher demand contributes to price stability and long-term growth, strengthening Cardano’s position in the market. Could a Cardano ETF Launch in the U.S.? With the SEC approving multiple Bitcoin and Ethereum ETFs, speculation about a potential Cardano ETF in the U.S. continues. The only known filing related to ADA comes from Tuttle Capital, which applied for a 2X Long Cardano Daily Target ETF. Cardano’s presence in the U.S. ETF market lags behind its competitors. However, regulatory trends indicate that more crypto-based investment products could emerge soon. Cardano’s robust fundamentals, including smart contracts, staking incentives, and community governance, make it a strong contender for future ETF approval. The Plomin Hard Fork and Cardano’s Future Cardano recently transitioned to full community governance with the Plomin Hard Fork upgrade, marking a major milestone. This upgrade enhances Cardano’s decentralization, reinforcing investor confidence and ensuring long-term network sustainability. As Cardano continues to develop, it focuses on improving its technical capabilities and strengthening community engagement. These advancements position ADA as one of the most innovative blockchain protocols in the industry. Institutional Interest Drives ADA’s Growth The launch of the Virtune Cardano ETP on Nasdaq Helsinki represents a turning point for ADA’s institutional adoption. This product provides structured investment opportunities while offering a 2% staking reward, making it more attractive to institutional investors. Read Also: PAWS Token: What Investors Need to Know Before… Cardano’s continuous technical advancements and community-driven governance create a compelling investment case. The growing demand for regulated crypto investment products suggests that Cardano could soon see broader institutional participation. Conclusion: A Bright Future for Cardano Virtune’s new ETP strengthens ADA’s presence in the institutional market. As more investors gain exposure, ADA’s adoption and price stability may improve. With regulatory progress, a U.S.-based Cardano ETF could become a reality. As the blockchain continues to innovate, its long-term outlook remains promising.
Cardano (ADA) Drops 37%, Then Jumps 41% – Next Stop $0.9 or New Crash?
The crypto market witnessed chaos as Cardano (ADA) plunged 37% in just 24 hours. This steep drop sent ADA crashing to $0.506, a price level not seen since November 10. Investors panicked, liquidations surged, and uncertainty took over. However, ADA’s story did not end there. After this sharp decline, buyers rushed in, eager to seize the discounted price. Within hours, ADA recovered 41% of its losses. This unexpected comeback positioned Cardano near crucial resistance levels at $0.6 and $0.7. Now, the market watches closely to see if ADA will hold strong or face another sharp decline. ADA’s Wild 24 Hours: A Crash and a Quick Recovery Crypto traders experienced a rollercoaster ride as ADA’s price action shocked the market. The $8 billion liquidation event wiped out many positions, pushing Cardano to new local lows. Fear spread as investors worried about a deeper plunge. Then, a surprising turnaround unfolded. Strong buying pressure lifted ADA’s price, showing resilience in the face of extreme volatility. Within hours, Cardano clawed back much of its loss, signaling a potential shift in momentum. Traders now wonder whether this recovery marks the start of a sustained rally. Key Resistance and Support Levels: Where ADA Stands Now ADA’s price hovers between two critical levels: $0.6 and $0.7. These points determine whether Cardano will rally or retreat. If ADA remains above $0.6, bullish momentum could build, pushing it toward $0.8–$0.9. Breaking past $0.7 would strengthen the case for a bullish trend. Investors view this level as an essential psychological resistance. A move beyond it could fuel further gains, attracting fresh demand. Read Also: XRP’s Highs and Lows: A Deep Dive Into… However, if ADA fails to hold this support, sellers may take over, driving the price downward again. The market remains fragile, and any sign of weakness could trigger another wave of selling pressure. Can ADA Hold Its Ground? Bulls vs. Bears ADA’s future depends on whether buyers sustain the current support zone. If buying pressure remains strong, Cardano could gain momentum. Investors looking for signs of strength will watch how ADA reacts around these resistance levels. Market conditions will also influence Cardano’s trajectory. If Bitcoin stabilizes and the broader crypto market regains confidence, ADA could benefit. The recent rebound suggests buyers still see value in Cardano, despite recent turbulence. On the other hand, bears could regain control if ADA fails to maintain key levels. Another breakdown would likely lead to deeper losses, frustrating investors who hoped for a swift recovery. The next few days will determine whether ADA continues its upward climb or faces renewed selling pressure. Is Now the Right Time to Buy ADA? ADA’s sharp drop and rapid rebound create an opportunity for traders. Some see this as an ideal entry point, while others remain cautious. The key lies in whether Cardano holds its support levels and builds on its recovery. Before making a decision, investors should track ADA’s price action, market trends, and overall sentiment. A break above resistance could spark a rally, while a failure to hold current levels might lead to another dip. Read Also: 56% Approval Odds: Will Dogecoin ETFs Finally Get… For now, the market waits. Cardano stands at a crossroads, and the coming days will reveal its next move. Traders should stay alert, analyze the charts, and prepare for whatever comes next.
Cardano (ADA) 24-Hour Price Analysis : $0.94 Support and $1.02 Resistance in the Spotlight
The last 24 hours have been a turbulent ride for Cardano (ADA) investors and enthusiasts. As the cryptocurrency market continues to fluctuate, ADA has demonstrated its characteristic volatility, with significant movements in both directions. Prices ranged from $0.94 at the lowest point to $1.02 at the peak, providing both challenges and opportunities for traders. 24 hours price chart- source: CoinMarketCap Key Highlights of ADA’s Performance: Factors Influencing ADA’s Price Movements Trading Volume and Activity Trading activity was particularly high during the decline and subsequent recovery, reflecting heightened interest in ADA. However, as the price stabilized, volume tapered off slightly, suggesting that traders were awaiting clearer signals for the next move. Chart Analysis Support and Resistance Zones: Related Article: 7Day Price Analysis: 7Day Analysis of Peanut (PNUT)… Future Outlook Conclusion The last 24 hours have showcased Cardano’s ability to rebound from significant declines while highlighting its susceptibility to market trends. Related Article: 7-Day Price Analysis : Is Cardano (ADA) $1.15… Traders and investors should closely monitor key support and resistance levels while staying informed about broader market dynamics. As always, risk management remains crucial in navigating the unpredictable cryptocurrency landscape.
7-Day Price Analysis : Is Cardano (ADA) $1.15 a Ceiling or a Launchpad?
The past week has been a rollercoaster for Cardano (ADA) enthusiasts and investors. The cryptocurrency displayed notable price volatility, with its value fluctuating between $0.95 and $1.15. This range signals both opportunities and challenges for traders as they navigate the unpredictable waters of the crypto market. 7-Day price chart- source: CoinMarketCap Key Highlights of the 7-Day Performance: Key Factors Driving Price Movements Analyzing the Price Chart Support and Resistance Levels: Trading Volume: Trading volume spiked during both the rally and the subsequent dip, indicating high investor activity. However, midweek consolidation was characterized by relatively muted volumes, reflecting a lack of directional momentum. Related Article: 7-Day Price Analysis: Hedera (HBAR) the Silent Crypto… Moving Averages: Short-term moving averages, such as the 7-day MA, aligned closely with the price action, suggesting ADA’s movements were consistent with market trends. However, long-term investors may be eyeing the 50-day MA for broader trend analysis. Conclusion The past week underscored Cardano’s ability to attract significant market attention while highlighting its vulnerability to broader crypto trends. Related Article: 7Day Price Analysis: 7Day Analysis of Peanut (PNUT)… Traders and investors should remain vigilant, monitoring key support and resistance levels alongside market news to make informed decisions. As always, the crypto market remains unpredictable, emphasizing the importance of risk management.
Trending Now: The Hottest Coins to Buy Right Now!
Discover the top cryptocurrencies to invest in today! Stay informed with the latest updates on the crypto market, but remember, token rankings and performance vary. These trending coins are worth exploring, but always Do Your Own Research (DYOR) before making investment decisions. Cardano (ADA) Cardano (ADA) is trading at $0.9548, down 6.2% in the last 24 hours. ADA remains a prominent player in the crypto market, with a market cap of $34.2 billion and a circulating supply of 35.86 billion tokens. You can trade ADA on major centralised exchanges (CEXs) like Binance, Coinbase Exchange, and MEXC. While trading volume has dropped 28.3% in the past day, ADA’s price is still 4,863.43% higher than its all-time low but 69.04% below its all-time high (ATH). ADA is underperforming against the global crypto market and other Smart Contract Platform cryptocurrencies. Over the past week, its price has declined by 12.50%. Despite this, Cardano’s founder continues to defend IOG amid criticism regarding ADA holdings. Shiba Inu (SHIB) Shiba Inu (SHIB) is trading at $0.00002126, down 3.0% in the past 24 hours. With a market cap of $12.52 billion and a circulating supply of over 589 trillion tokens, SHIB continues to attract attention. SHIB’s trading volume has dropped 9.40% in the last day, but the token remains a sensation, trading at an astronomical 37,849,723.86% above its all-time low, though it’s still below its ATH. You can trade SHIB on popular CEXs, including Binance (with SHIB/USDT as the most active trading pair), OKX, and DigiFinex. Read Also: Listing Announcement: What Does Binance Listing Mean for… Fantom (FTM) Fantom (FTM) is priced at $0.7001, with a 1.2% decline in the past 24 hours. Despite recent price dips, FTM has shown resilience. FTM is tradable on platforms like OKX, Bybit, and Kraken. It’s underperforming the market, as are other similar FTX Holdings coins. However, according to recent news, FTM surged past the $0.7 resistance alongside positive developments with Sonic Chain. Jambo (J) Jambo is revolutionising the on-chain economy with its cutting-edge JamboPhone and JamboApp. The platform has already onboarded millions of users, offering features like rewards, discounts, and payouts through the Jambo Token. This utility token powers Jambo’s decentralised ecosystem, shaping the future of blockchain and mobile technology. Lightchain AI (LCAI) Lightchain AI (LCAI) is a groundbreaking project combining Ethereum’s decentralised ecosystem with advanced AI technology. Scheduled for launch in late January, LCAI aims to create seamless integration between AI and blockchain, driving innovation, efficiency, and community empowerment. Stay ahead of the curve and explore these opportunities to make informed decisions in the dynamic world of cryptocurrency!
Cardano Surges Past $1 Again: Is the Bull Run Back?
Cardano (ADA), one of the top-performing blockchain networks, has experienced a notable 24-hour price swing that caught the attention of traders and investors alike. Here’s a detailed breakdown of ADA’s price performance over the past day and what it could mean for the future of this digital asset. ADA’s Current Price Status At the time of writing, ADA is trading at $1.03 against the US Dollar. This marks a significant rebound from its daily low of $0.9256 and represents a recovery of approximately 11.3% within the last 24 hours. The resurgence above the $1 threshold has reignited investor confidence, especially as this psychological milestone is a key indicator of bullish momentum. Cardano 1-Day price chart- source: CoinMarketCap The 24-Hour Performance Breakdown Low and High Points: The price movement within this range highlights a volatility period where ADA faced resistance just above the $1 mark but managed to secure a strong foothold. The $0.9256 low can be attributed to early-morning sell pressure, likely stemming from broader market corrections or whale activity. However, the recovery to $1.04 reflects robust buying interest, suggesting intense support levels around the $0.92 zone. Volume and Sentiment: Trading volume has surged during this period, a sign of renewed interest from retail and institutional investors. Positive sentiment around Cardano’s upcoming network upgrades and partnerships may have contributed to the bullish momentum. Read Also: Virtuals Protocol Dips 15%: Is This the Calm Before the AI Storm? The Bigger Picture: All-Time High Context While today’s price action is encouraging, ADA still sits far below its all-time high (ATH) of $3.10, reached on September 2, 2021. The current price represents a staggering 66.62% drop from this peak. Despite this, ADA’s climb above $1 shows resilience in an otherwise uncertain market. Key Factors Driving ADA’s Recent Movement What’s Next for ADA? Investors and traders will closely monitor ADA’s ability to hold the $1 support level in the coming days. A sustained rally could lead to a retest of higher resistance levels, possibly around $1.10 or $1.20. On the downside, if ADA fails to maintain the $1 mark, it could revisit the $0.90 range, potentially shaking investor confidence. Key Resistance Levels: Key Support Levels: Conclusion Cardano’s 24-hour price action has been a testament to its resilience amidst market fluctuations. The rebound above $1 signifies strong investor confidence fueled by technical and fundamental factors. However, ADA’s journey back to its all-time high remains challenging, requiring continued ecosystem growth and market support. Investors are encouraged to research and consider broader market trends before making trading decisions. Cardano’s latest performance might be a stepping stone toward greater heights, but the volatility of the crypto market demands caution.
Cardano’s 7-Day Price Surge: Cardano Climbs 10% in a Week
Cardano (ADA), a leading cryptocurrency, has experienced a significant price surge over the past week. This rise has sparked considerable attention in the crypto community, as ADA’s price climbed by 10.16% in just seven days. The current trading price of $0.9592 reflects strong upward momentum, marking a stark contrast to its weekly low of $0.8514. This analysis explores the potential reasons behind this price movement, delves into its trading volume and market dynamics, and evaluates what could lie ahead for Cardano. Current Market Performance As of now, ADA boasts a market capitalization of $33.7 billion, representing a 13.59% increase over the past week. Its trading volume in the last 24 hours has reached an impressive $1.45 billion, signifying a 146.01% surge. These metrics highlight the growing interest and confidence among investors in Cardano. The fully diluted valuation (FDV) of $43.16 billion underscores the potential growth of the network, particularly as more of its circulating supply (currently at 35.13 billion ADA) is actively traded. The ADA price saw a significant recovery from its December 30 low of $0.8514. By January 2, 2025, ADA reached a weekly high of $0.9672, fueled by increased trading volume and renewed investor optimism. Historical Context and Price Comparisons Although ADA is far from its all-time high of $3.10 (reached on September 2, 2021), it has shown significant resilience. Its all-time low of $0.01735 in October 2017 illustrates the tremendous growth the token has experienced since its inception. Related Article: Breaking Down Dogecoin’s Stunning Performance in 2024: 266% Growth? The weekly performance of Cardano also aligns with its long-term goal of creating a decentralized platform for changemakers, innovators, and visionaries. With its price rallying 10.16% in the last week, ADA continues to show promise as a major player in the crypto space. What Lies Ahead for Cardano? Looking forward, ADA could face some resistance near the $1.00 mark, a psychological barrier that could trigger profit-taking among short-term investors. However, if this level is breached, Cardano might aim for its next target of $1.10 in the near term. Related Article:JasmyCoin’s Price Analysis: A Deep Dive into the Past 1 Year Market Dynamics (Jan – Dec 2024) Factors such as increased adoption, advancements in its ecosystem, and broader crypto market trends will play critical roles in determining its trajectory. The development team’s commitment to decentralization and transparency remains a cornerstone of Cardano’s appeal to both retail and institutional investors.
Cardano Surges with Nearly 100,000 Smart Contracts Added in 2024
Cardano (ADA) has been recognized in 2024 for its substantial advancements, reinforcing its reputation as one of the most innovative and developer-friendly blockchain networks. Significant growth has been achieved through the rapid expansion of its Plutus-based smart contract ecosystem, which has undergone remarkable transformation since its launch. Nearly 100,000 Smart Contracts Added to Plutus Ecosystem The remarkable adoption of Plutus V2 has been identified as a driving factor behind Cardano’s ecosystem expansion. Data shows that on January 1, there were 8,083 Plutus V2 scripts on the network. By December 27, this number had skyrocketed to 104,606, marking a gain of 96,523 contracts over the year. Although overshadowed by V2, Plutus V1 scripts have also shown steady growth. Beginning the year with 6,296 scripts, the count increased to 6,869 by December, adding 573 contracts. This continued relevance of earlier versions highlights Cardano’s adaptability to varied use cases. According to insights from Cardano Blockchain Insights, the entire smart contract ecosystem, encompassing all Plutus versions, grew by an impressive 97,534 contracts throughout 2024. Plutus V3: A Game-Changer for Cardano The rollout of Plutus V3 in 2024 marked a major milestone for Cardano, coinciding with the Chang Hard Fork and its deployment on the SanchoNet testnet. By late August, on-chain contracts for Plutus V3 had begun to appear, and by year-end, 438 Plutus V3 contracts were recorded. This upgrade introduced significant advancements in smart contract efficiency, interoperability, and security. Development costs were also reduced, making Cardano an attractive choice for builders in decentralized finance (DeFi), decentralized application (dApp) ecosystems, non-fungible tokens (NFTs), and other innovative fields. Related Article: Cardano Breaks Resistance Levels, Fueled by Whale Interest Plutus-based smart contracts were first introduced to Cardano with the Alonzo Hard Fork in 2021. Since then, these contracts have continuously evolved, delivering cutting-edge functionality that positions Cardano as a leading platform for blockchain innovation. ADA’s Price Resurgence in 2024 This year’s technical progress has also been reflected in Cardano’s market performance. ADA’s price has experienced a steady rise, fueled by growing optimism around the network’s expanding utility and increased developer interest. Related Article: Cardano Confronts 4.3 Billion ADA Sell Wall: Here is why As of late December, ADA is trading at $0.9074, representing a 4.5% daily increase and an impressive year-to-date gain of 52.79%. https://x.com/acinemaboy/status/1853516056528036321?t=NN_MYrtlrnQkyfraeKAeXg&s=19 These achievements have solidified ADA’s place among the top 10 cryptocurrencies by market capitalization.
