$ADA A Cardano (ADA) has shown significant movements recently. In November 2024, ADA surpassed the $1 mark for the first time since 2022, driven by an increase in network activity and technological advancements, such as the implementation of zero-knowledge (ZK) smart contracts on its mainnet.
However, in December 2024, ADA experienced a 15% correction in one week, with technical indicators suggesting a strengthening of the bearish trend. The activity of "whales" (large investors) also decreased, increasing selling pressure in the short term.
Currently, ADA is trading at approximately $0.96, with a variation of 0.16% compared to the previous close. The intraday high was $1.012 and the low was $0.807.
It is important to note that the cryptocurrency market is highly volatile.