ManuelRD
--
Bullish
🔥🔥
The ADA Community Approves An Important Development Package.
• Cardano (ADA) is currently trading at $0.75, with a 3.8% increase following the approval of community development.
• The market capitalization is $26.15B with a 24-hour trading volume of $729.19M.
• Despite recent gains, ADA faces a downward trend over the last 7 days.
• Significant buying activity was recorded with 7.26M net ADA acquired on August 4.
Driving Factors Analysis
• A historic development package worth $71M (96.8M ADA) was approved via on-chain governance with 74% voter support.
• Funds managed by Intersect will drive network upgrades in 2025, including the Chang Hard Fork and Hydra for scalability.
• The increasing probability percentage of ETF approval (83%) is attracting institutional interest.
• Technical developments aim to significantly improve transaction speed and network performance.
#creatorpad
#CreatorPad
$ADA
The ADA Community Approves An Important Development Package.
• Cardano (ADA) is currently trading at $0.75, with a 3.8% increase following the approval of community development.
• The market capitalization is $26.15B with a 24-hour trading volume of $729.19M.
• Despite recent gains, ADA faces a downward trend over the last 7 days.
• Significant buying activity was recorded with 7.26M net ADA acquired on August 4.
Driving Factors Analysis
• A historic development package worth $71M (96.8M ADA) was approved via on-chain governance with 74% voter support.
• Funds managed by Intersect will drive network upgrades in 2025, including the Chang Hard Fork and Hydra for scalability.
• The increasing probability percentage of ETF approval (83%) is attracting institutional interest.
• Technical developments aim to significantly improve transaction speed and network performance.
#creatorpad
#CreatorPad
$ADA
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
159
0