Cardano is there
Token up 3% in the past 24 hours, trading near $ 0.6460 on noon Monday after reaching a high $ 0.6502. Price progress coincides with a new staking milestone that strengthens the long -term network strength.
According to a X post Through Taptools, Cardano has now exceeded 1.3 million staking addresses, cementing its status as one of the most widely staked blockchains in the world. It came in the midst of the ongoing development within the ecosystem and followed Founder Charles Hoskinson’s proposal to provide $ 100 million in Treasury Ada to Bitcoin and Stablecoins to enhance Defi Liquidity.
Despite recent whale outflows – worth more than 270 million ADAs last week – market sentiment remained constructive. ADA maintains its upward trajectory throughout the review period, reflecting the consumer’s stable interest. The token continues to trade below the day -to -day climax and shows the signs of accumulation near the top of its current range.
Technical assessments
- ADA exchanged between $ 0.6219 and $ 0.6502 at the time of review, marking a 4.55% intraday range.
- The price broke above the $ 0.635 resistance and established support for $ 0.637, eventually re -confirmed at $ 0.648.
- Higher lows and ongoing volume increases confirmed a pattern of bullish continuity.
- At 07: 15–07: 16 GMT, ADA jumped almost 0.4% in volume exceeding 5.3 million units – the most active minutes in the following period.
- At the end of the review window, ADA moved from $ 0.646 to $ 0.649 before the integration was short of around $ 0.646.
- The final time -time candle within that time was closed with a 0.5% gain, maintaining the structure of the complement.
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