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Cardano founder boosts ADA with treasury growth tweet

In a recent development that has sparked considerable excitement within the cryptocurrency community, Charles Hoskinson, the founder of Cardano and a former co-founder of Ethereum, has made headlines with a tweet that strongly supports the bullish sentiment surrounding Cardano (ADA).

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Bitcoin ADA
$ 0.4905

Timeline of Cardano

$8 ADA Price Prediction: Cardano's DeFi & Stablecoin Growth Provide Launchpad for ADA Gains - Blockonomi

Recent exponential growth in Cardano's ecosystem activity and fundamentals has analysts forecasting an ADA price breakout targeting $8 within two years, a 13x climb from current prices.

Cardano Price Prediction: ADA Price Poised To Hit $8 By 2025 - CoinPedia

Cardano (ADA) has emerged as a standout performer in the cryptocurrency market, with its price soaring by 3.87% to $0.6034, accompanied by a substantial market cap of $12.3 billion. Over the past week alone, ADA has experienced a noteworthy 14% surge, reflecting strong bullish momentum among investors.

Cardano's Ecosystem Booms: 166% Surge in TVL Marks New Phase Of Expansion - Bitcoinist

Cardano's ecosystem has been experiencing impressive growth recently, marked by a surge in its Total Value Locked (TVL) and the rapid increase in the price of its native token, ADA. The ecosystem is buzzing with new developments as it dominates the decentralized finance (DeFi) and stablecoin markets.

Cardano Could Witness Over 20% Rally if It Breaks 2,000,000,000 ADA Supply Level, According to Crypto Analyst - The Daily Hodl

Ethereum (ETH) competitor Cardano (ADA) could surge by more than 20% if it convincingly breaks a key supply level, according to a popular crypto trader. Crypto analyst Ali Martinez tells his nearly 45,000 followers on the social media platform X that ADA “faces a formidable obstacle” in the $0.54 and $0.56 price range.

$3,000 Is Next for Ethereum (ETH), Cardano (ADA) Shows Massive Breakthrough, Solana's (SOL) Suspicious Rally - UToday

As the Ethereum network continues to evolve with its recent ERC-404 token standard being massively implemented, its native asset is finally gaining some traction on the market. It is showcasing promising growth, and its price trajectory suggests that the coveted $3,000 mark may be on the horizon.

Top 5 Cryptocurrencies for Newcomers in 2024 - Crypto Headlines

The stablecoin market, including assets like USDT and USDC, has shown resilience, adding over $9 billion since October 2023, totaling $133 billion. Experts see this as a bridge between traditional finance and crypto, potentially triggering a wider market uptrend.

Top Cryptocurrencies to Invest Right Now Before the Crypto Bull Run Begins - CoinPedia

Altcoin Daily Analyst has now shed light on current trends and potential developments in the cryptocurrency market. He said that Bitcoin's ascent as its price approached $45,000 is a milestone that speaks to the ongoing bullish sentiment in the market.

Cardano Price Prediction: Will ADA Price Hit $1 in 2024? - CoinPedia

Analyst Crypto Capital Venture discussed the potential for a bullish move in Bitcoin (BTC) and Cardano (ADA). The analysis suggests that Bitcoin may be setting up for an “inverse Head and Shoulders” pattern, indicating a tug-of-war between bulls and bears in the current market.

Cardano Price Stagnant At $0.48, But Charts Point To Potential Upswing - NewsBTC

Cardano (ADA), the eighth-largest cryptocurrency, finds itself in a perplexing situation as it grapples with a battle between bullish and bearish forces, leaving investors deciphering mixed signals in a turbulent market. Related Reading: Dogecoin Massive Dump: 100 Million DOGE Floods Robinhood, Investors Brace For Price Impact The optimism that briefly emerged on January 29th, as ADA's market structure turned bullish, proved short-lived, unable to overcome the critical $0.50 support level, and remaining stuck in the $0.48 territory.

Nearly Unbeatable: Cardano (ADA) Price Reaches Remarkable Heights - Crypto Headlines

Cardano faces a formidable obstacle as it stabilizes within the $0.50 to $0.53 range. This zone has become a stronghold of resistance not just due to historical patterns but also because numerous holders are looking to sell and break even, as shown by the clustering of active addresses in this price range.

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Bitcoin Bitcoin
66764.5000 4.07%
Ethereum Ethereum
3254.33000 7.04%
582.829000 4.70%
Solana Solana
154.219000 8.54%
0.51507700 4.56%