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Cardano’s (ADA) short-term bullish momentum might be short-lived as whales signal potential selling of the asset. Specifically, whales have moved a staggering $110.5 million worth of ADA, according to on-chain data tracked by Whale Alert on September 29.  These transfers, involving 70,187,366 ADA valued at $56.2 million and 67,926,042 ADA worth approximately $54.3 million, were moved between unknown wallets and Coinbase.  ADA whale transaction. Source: Whale Alert Such large transactions often suggest that major players are either preparing to sell or rebalancing their portfolios, which could lead to increased volatility in the ADA market. This outlook comes as ADA continues to trade in line with broader cryptocurrency market sentiment. As of press time, the asset was valued at $0.79, gaining over 3% in the past 24 hours, while on the weekly timeline, Cardano has corrected by about 3.4%. ADA seven-day price chart. Source: Finbold ADA price predictio...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

While Cardano (ADA) is showing signs of recovery in the short term after a week of sustained losses, an artificial intelligence (AI) model projects that the token could potentially end August on a high note. As of press time, ADA was trading at $0.73, having gained over 2% in the last 24 hours. However, on the weekly chart, the asset remains down about 8%. ADA seven-day price chart. Source: Finbold ADA price prediction  For its price outlook, Finbold consulted OpenAI’s ChatGPT, which projected that ADA could trade between $0.82 and $1.05 by August 31, 2025, assuming stable market conditions and no major disruptions in the broader crypto space. The model noted that at current levels, ADA is forming a symmetrical triangle pattern on the daily chart, a technical setup that often precedes significant price moves.  Historically, ADA has posted gains of 15% to 35% following breakouts from similar formations. Therefore, a clear move above the $0.75 resist...

Sui Network (SUI) has seen a remarkable growth, featuring as one of the best blockchain performers in the cryptocurrency market. Deemed the next Solana (SOL) or the Solana-killer, Sui now has a higher stablecoin market cap than five of its competitors combined, including Cardano (ADA), once called the Ethereum (ETH)-killer. According to ToreroRomero’s post, “Sui has a larger stablecoin market cap than Fantom, zkSync, Algorand, Scroll, and Cardano combined.” The post, dated March 17, 2025, reveals Sui’s stablecoin market cap at $638 million. This surpasses Fantom’s $323 million, zkSync’s $134 million, Algorand’s $119 million, Scroll’s $25 million, and Cardano’s $24 million combined. This milestone underscores Sui’s rapid growth in the blockchain sector. Picks for you AI predicts SHIB price for March 31, 2025 2 h...

Cardano (ADA) posted the biggest 24-hour loss among the top 10 largest cryptos with an 8% plunge amid fears the Donald Trump inauguration will be a “sell the news” event. ADA’s correction was enough to erase the altcoin’s weekly gains to trade at $0.9139 as of 7:22 a.m. EST. Bitcoin Weakness Pulls Cardano And Other Cryptos Down The pullback in the Cardano price comes as leading crypto Bitcoin (BTC) struggles to recover back above the psychological $100K mark after fresh economic data caused the crypto to spiral. Hovering around $93.6K, BTC’s lull has impacted the broader crypto market as well, with the digital asset sector’s collective market cap recording a more than 1% drop in the last 24 hours. Analysts attributed the drop in crypto prices to fears that Trump’s Jan. 20 inauguration might be a “sell the news” event. In the weeks leading up to the event, traders’ risk taking picked up across financial markets. This was ...

The Cardano price dropped 12% in the last 24 hours to trade at $0.9663 as of 2 a.m. EST on trading volume that skyrocketed 105% to $2.49 billion. Cardano’s price plummeted after Bitcoin led a new correction yesterday. The coin finally surged back to $102k, only for the traders to engage in a sell-off which caused it to drop back to $95k range. Cardano, which previously grew from $0.85 to $1.14 in the first seven days of January, followed with a similar drop to $0.96. The coin’s price is still 14% higher than it was on January 1, but it is 12% lower than yesterday. Cardano also saw some quite positive news recently, as it quietly returned to Grayscale’s largest multi-asset fund. This caused many to speculate that the coin would see a price surge, but unfortunately, the bearish wave knocked down its price before it could react to the new development. Cardano breakout to $1.87 looking more likely following Grayscale news pic.twitter.com/xfskwGC7rd — Deezy.eth (...

The price of decentralized finance (DeFi) project Cardano (ADA) is eyeing a possible breakout after the asset experienced a rally inspired by post-election optimism. As of now, ADA is at a key juncture, trading within a symmetrical triangle pattern with the price nearing the apex of the formation, according to an Analysis by Av_Sebastian shared in an X post on November 19.  The Analysis signaled an imminent ADA price breakout, with key levels likely to determine the direction. Picks for you Sell signal for 2 overbought cryptocurrencies this week 34 mins ago Here’s why Cardano (ADA) could hit $1.40 in its next major move  51 mins ago DWF ...

Cardano (ADA) is attracting attention in the cryptocurrency market after a recent overall downturn. The rally seen in ADA today is likely fueled by the positive sentiment generated from key developments and announcements presented at the 2024 Cardano Summit. ADA Key Statistics Current Price : $0.358 Market Cap : $12.54 billion Trading Volume (24h) : $356.16 million Circulating Supply : 36 billion ADA Total Supply : 45 billion ADA CoinMarketCap Ranking : #11 Historically, Cardano (ADA) has been recognized for its innovative strategy, driven by a dedicated team aiming to develop a distinctly scalable and flexible blockchain. In the last 30 days, ADA has gradually declined by approximately 3.61% from its peak, and over the past week, it experienced a slight decrease of 1.37% from its highest point. Nevertheless, ADA has notably risen about 12.32% from its lowest value during this timeframe. ADAUSD Market Key Levels: Resistance : $0.370, $0.380, $0.400 Support: $0.330, 310...

The Cardano price dropped 1% in the last 24 hours to trade at $0.3321 as of 03:41 a.m. EST on trading volume that jumped 13% to $186 million. This comes as Cardano founder Charles Hoskinson challenged the ADA community with a $1 million bounty to hack Lace Paper Wallet. The initiative to hack the wallet contributes to the platform’s security. If you can hack it; You can keep it! 1 million dollars! https://t.co/TTtHocHHbs — Charles Hoskinson (@IOHK_Charles) August 17, 2024 The challenge will open until the end of 2024 or until someone successfully claims the bounty by hacking the wallet. Cardano Price Aims For A Breakout Above The Consolidation Phase The Cardano price has been trading in a consolidation phase since August 5, within a sideways pattern, as the bulls faced resistance around the $0.34 resistance zone, data from GeckoTerminal shows. The Relative Strength Index (RSI) trades within the neutral zone, currently at 46, which shows that the asset is poised fo...

The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels. Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a positive for the cryptocurrency space. Analysts largely remained positive on the deal, but a few sounded cautious due to the Securities and Exchange Commission’s pending lawsuit against Binance. Bitcoin (BTC) and several major altcoins fell sharply on Nov. 21 following the Binance news but are finding support at lower levels. This suggests that traders stepped in after the initial knee-jerk reaction, and are buying at lower levels. After the initial bounce, the bulls are likely to head into stiff opposition from the bears. Daily cryptocurrency market performance. Source: Coin360 Buying on dips and selling on rallies results in a range-bound action as both the bulls and the bears battle it out for supremacy. Ge...