According to CoinGecko data, Cardano's ADA token has been approaching a daily trading volume of $900 million for six consecutive days, with a 24-hour trading volume of $824.8 million. This active trading activity has propelled its market capitalization past $10 billion, with the price rising 2% to $0.284. Meanwhile, after the eUTxO model update, the Cardano blockchain has completed its 119 millionth on-chain transaction. Despite the surge in trading volume, analysts point out that ADA's price increase is limited and it remains difficult to break through the $0.30 resistance level.

ADA-1.78%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin