Is Cardano's 2025 start a fluke? Analysis of XRP and altcoin trends
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While Bitcoin dominates the market, altcoins like XRP and Cardano are also beginning to show signs of recovery, especially during Bitcoin's rise. At the beginning of this year, Cardano soared 32% in the first six days, but soon it followed the adjustment of the entire market and fell.
Altcoin network activity weakened
One trend worth noting is that many altcoins, including Cardano, have seen a decline in network activity since early December. The decline in trading volume means that investors are less enthusiastic and institutional participation has decreased. Although this does not mean the end of the bull market, it at least shows that the previous craze has faded.
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Token circulation still has bright spots
Despite the slowdown in network activity, altcoins such as Cardano still show some healthy signals in the circulation of unique tokens. The active transfer of a large number of tokens means that the market is still active, which is a good sign.
Short-term rebound, long-term caution
If Bitcoin remains stable, altcoins may have room to rebound in the short term, and Cardano may continue to rise. But in the long run, the situation is uncertain. Altcoins including Cardano and XRP rose sharply last year, and there may be a pullback in the future, especially if Bitcoin prices continue to remain stable.
Be cautious
Although Cardano has a good start in 2025, don't forget to pay attention to the overall market trend. Although altcoins have performed strongly, these altcoins may face pullback pressure if Bitcoin does not rise sharply to $150,000.
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