Cardano’s Ecosystem Explodes, Why ADA Could Be Quick To Resume Bullish Trend
Cardano (ADA) has followed the general trend in the market and records losses across the board. The seventh crypto by market cap trades at $1.22 with a 2.2% and 10% loss in the past 24 hours and 7 days, respectively. Related Reading | What’s Beef? Reviewing The Historic Battle Of Ethereum vs. Cardano However, Cardano continues to be one of the most active ecosystems in the crypto industry. This won it the title for most active project on GitHub in 2021 as developers rushed in to explode its smart contract and interoperable capabilities. As the Marketing and Communications Director for....
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Cardano managed to enter the top 5 cryptocurrencies by market cap and take the number 4 position, not including USDT. The cryptocurrency has seen important appreciation in 24 hours (5%) and during the past week (25%) following an explosion in its ecosystem. Related Reading | Cardano’s Ecosystem Explodes, Why ADA Could Be Quick To Resume Bullish Trend As of press time, ADA trades at $1.47 as it bounces up its lows in the 4-hour chart. Cardano was heavily impacted by recent months price action in the crypto market. After reaching an all-time high north of $2,20, the cryptocurrency....
Cardano’s ADA was among the best performers in the cryptocurrency market this week as traders assessed its bullish prospects against a stagnating top rival Bitcoin and an ongoing craze for non-fungible tokens, or NFTs. The blockchain asset jumped to the third rank after undergoing a 19 percent price rally. As of 1057 GMT, the ADA/USD […]
Dogecoin has made the most of its bullish momentum that was inspired by Elon Musk’s highly publicized $44 billion purchase of Twitter. Not only did that development pump DOGE price in such a way that its total market capitalization surpassed Cardano’s, allowing it to take the 8th spot in Coingecko’s crypto tracking list. It also […]
Cardano’s first full‐cycle ecosystem budget has reached its finish line. On August 19, 2025, Intersect—Cardano’s member-based organization that facilitated the process—announced: “Our ecosystem budget and withdrawal process has now reached its conclusion… DReps have approved ₳264m in ecosystem funding.” In the same statement, Intersect said the pipeline began with 194 proposals submitted through GovTool and […]
Ethereum corrected lower after testing the $395 resistance against the US Dollar. ETH price is currently following the 100 hourly SMA, and it could resume its rally above $385. Ethereum is following a nice bullish trend above the $375 and $380 levels. The price is trading above the 100 hourly simple moving average, but it […]