🚨 Cardano (ADA) Price and News Update – June 5, 2025 🚨
📉 Price: $0.6789
🔻 24h Change: -2.49%
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🔍 Key Highlights:
Network Activity: Cardano sees a 12% spike in daily active wallets amid increased DeFi activity.
Upcoming Upgrade: The upcoming Chang Hard Fork is expected later this month, promising governance enhancements and improved staking functionality.
DeFi Ecosystem: Total Value Locked (TVL) on Cardano surpasses $430M, showing rising developer and investor interest.
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📈 Technical Insight:
$ADA is currently testing key support at $0.6750. A break below this could lead to a retest of the $0.64 level.
Short-term resistance stands near $0.7020.
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💬 Community Buzz:
ADA is trending on Binance Square with renewed discussions around long-term staking rewards.
Whales have accumulated over 50M ADA in the past week, according to on-chain data.
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📢 Stay tuned for more Cardano updates!
#Cardano #ADA #CryptoNews #BinanceSquare #DeFi #ChangHardFork #CryptoUpdate
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🟡 Not financial advice. Always DYOR. 🟡
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#MyCOSTrade #CircleIPO #CUDISBinanceTGE #BlackRockETHPurchase #BinanceAlphaAlert