Cardano (CRYPTO: ADA) rose more than 13% in the past 24 hours, driven by renewed investor enthusiasm after co-founder Charles Hoskinson expressed confidence in the future of the platform.
Cryptocurrency | Prix | Market capitalization | 24 hour trend | 7-day trend |
Cardano (CRYPTO: ADA) | 0,9675 $ | $33.99 billion | +13,7% | +10,9% |
TRON (CRYPTO: TRX) | 0,2617 $ | $22.6 billion | +3,3% | +3,8% |
XRP (CRYPTO: XRP) | 2,40 $ | $138 billion | +12,7% | +9,8% |
Notes des traders: On Thursday, January 2, cryptocurrency analyst Ali Martinez reported a buy signal on the ADA daily chart, citing potential for further gains.
Castillo Trading described Cardano’s chart as “very clean,” highlighting a breakout above resistance. Castillo anticipates further upward movements following a further resumption of support levels.
Statistics: Data from IntoTheBlock shows that Cardano whale transactions decreased by 8.2%, to $7.5 billion, while daily active addresses declined by 0.08%. Transactions over 100,000 dropped from 709 to 613 in a single day.
Around 63% of Cardano holders make a profit. Data from Coinglass shows that open interest jumped 20% in a single day, to $747.5 million. Cardano derivatives trading volume, meanwhile, increased by 129.4%.
Community News : In a Twitter post on December 31, Hoskinson highlighted Cardano’s ongoing advancements, including the integration of Bitcoin DeFi, Midnight (a privacy-focused blockchain network), partner chains, DApp upgrades, and the enigmatic “fire rises” function.
In another post on January 1, Hoskinson discussed his ten-year commitment to Cardano, acknowledging past mistakes while emphasizing his adherence to its roadmap. Blockchain is transitioning into the “Age of Voltaire,” which aims to achieve full decentralization and empower the community to run the network.
Major developments in this era include self-sufficiency through governance mechanisms such as budgetary and constitutional approval. Hoskinson promised to oversee these processes to ensure community progress.
But despite past challenges, Hoskinson continues to believe in the value of perseverance, hard work, and the potential of Cardano. The growing capabilities of the platform could deliver exceptional performance in 2025.
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