$ADA what's happening in the Cardano (ADA) market:
- Nasdaq Listing: Cardano's ADA has been added to the Nasdaq Crypto Index, joining Bitcoin and Ethereum in one of the industry's top institutional benchmarks. This move could bring added liquidity and better price support for ADA.
- Whale Activity: Whales acquired 310 million ADA amid a potential triangle breakout, indicating growing interest in the cryptocurrency.
- DeFi Growth: Charles Hoskinson proposed injecting $100 million worth of ADA into Cardano's DeFi ecosystem to boost growth and development.
- Project Development: Over 2,000 projects are being developed on Cardano, indicating growing developer interest
Market Performance
- ADA's price has declined by 0.4%-5% in the last 24 hours and 4.9%-5.19% in the past week.
- The cryptocurrency's price has been volatile, with a 24-hour range of $0.6291-$0.6427 and a 52-week range of $0.27-$1.31