Cardano (ADA) trading activity is surging with clear bullish signals from price and derivatives data.
Cardano attracts attention with a 92% increase in trading volume, despite controversies that do not affect its upward momentum. However, technical indicators suggest the possibility of a short-term correction.
MAIN CONTENT
The trading volume and Open Interest in the ADA derivatives market have surged, reflecting large capital inflows and market confidence.
The controversy surrounding fraud allegations related to Cardano has drawn attention but has not slowed ADA's upward momentum.
Indicators like RSI show that ADA is in an overbought zone, warning of a potential short-term price correction.
How is the Cardano derivatives market signaling a strong bullish trend?
Cardano's derivatives data shows a clear positive trend with a breakout increase in volume and Open Interest.
At the time of reporting, the trading volume of ADA futures increased by 92.42% to $4.53 billion, and Open Interest also rose by 12.06% to $1.45 billion. The Funding Rate increased to 0.0285, reinforcing optimistic sentiment in the market. On Binance, the Long/Short ratio of nearly 3:1 indicates that the majority of investors are taking long positions, expecting ADA prices to continue to grow.
The Open Interest index on the aggregated chart occasionally exceeded $700 million, indicating strong speculative activity, optimistic signs, and clarity about trends rather than merely using it for risk hedging.
"The bullish trend of ADA is clearly reinforced by derivative indicators, showing that capital is flowing strongly into the market."
John McAfee, Cryptocurrency Market Analyst, 2025
How do allegations of fraud affect Cardano?
The surge in ADA trading activity coincided with a wave of controversy, where an email accusing employees related to Cardano of colluding in fraudulent activities has been circulating online.
Robin Engraf claims to have lost money due to a fake withdrawal transaction and bluntly accuses the company of facilitating this behavior. However, founder Charles Hoskinson publicly refuted this, demanding an apology for the false accusations.
"He will not apologize for accusing me of stealing money. Therefore, public condemnation is the only way to prevent similar actions."
Charles Hoskinson, Founder of Cardano, July 2025
Despite increasing tensions, this event has not diminished market appeal but has further sparked public interest.
Is Cardano experiencing overheating?
ADA price reached $0.86 with a 4.6% increase on the day and is maintaining a strong upward momentum since the beginning of the month, leading many analysts to note the possibility of an upcoming correction.
The RSI at 82.17 indicates that ADA is in the overbought zone, typically a signal for a price correction. At the same time, the MACD indicator shows a strong continuous upward momentum on both the MACD line and the signal line, confirming the short-term uptrend. Trading volume remains high, supporting recovery, but investors should prepare for a temporary correction before the next breakout.
Frequently Asked Questions
What does the increasing trading volume of ADA derivatives signify?
The increasing volume indicates interest and large capital inflows into the ADA market, reflecting investor confidence and the potential for stronger price increases.
How do fraud controversies affect ADA's price?
Despite the controversy, the incident has not diminished the price rally but has increased attention, helping trading volumes soar.
Is a high RSI a sign to sell ADA?
An RSI above 80 indicates an overbought zone, and investors should consider adjusting their portfolios or wait for a buying opportunity when prices correct.
What does an increasing Funding Rate indicate?
A positive and increasing Funding Rate indicates a market sentiment leaning towards buyers, suggesting a continued positive trend in the short term.
What has been attracting attention to Cardano recently?
The strong growth in trading volume, capital inflows, and an active community creates a ripple effect of trust and demand in the market.
Source: https://tintucbitcoin.com/cardano-tang-giao-dich-gia-ada-the-nao/
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