Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    image 329
    CryptoMarketNewsSponsored Article

    Notcoin Price Prediction: $NOT Delivered 5% Increase Every Year, But Can This New Cat Go Beyond?

    Meme coins aren’t just internet jokes anymore. They’re rewriting the rules of…

    By
    Benedikt Krüger
    June 1, 2025
    image 325
    CryptoMarketNewsSponsored Article
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    May 31, 2025
    image 313
    CryptoMarketNewsSponsored Article
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    May 31, 2025
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    NewsCrypto
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    May 30, 2025
    image 30 May 2025 12 40 50
    CryptoMarketNews
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    May 30, 2025
  • Cryptocurrency
    image 329
    Notcoin Price Prediction: $NOT Delivered 5% Increase Every Year, But Can This New Cat Go Beyond?
    9 Min Read
    image 325
    Brett Price Prediction: Brett Hits $0.0556, While Troller Cat Climbs to $0.000017 With 69% APY Staking Power
    10 Min Read
    image 313
    Missed the Popcat Boom? Buy TCAT Now Before This Cat Jumps from $0.00001458 to $0.0005309
    7 Min Read
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    Why Coinbase’s June 13 Update Has XRP and SOL Traders on Alert
    7 Min Read
    image 30 May 2025 12 40 50
    Pi Coin Faces Crucial Weeks as Technical Indicators Flash Red
    3 Min Read
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    PSG Reveals Bitcoin Treasury Strategy: The Crypto World Cheers
    5 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Cardano Price Surges Above $1: What’s Next for ADA?
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Cardano Price Surges Above $1: What’s Next for ADA?
CryptoMarketNews

Cardano Price Surges Above $1: What’s Next for ADA?

featuring Cardano ADA prominently displayed with its logo surrounded by upward trend lines and fina
Emiliano Trejo
Last updated: November 23, 2024 10:11 am
By
Emiliano Trejo
Published November 23, 2024
3 Min Read
Share

Cardano (ADA) has made headlines by crossing the $1 milestone for the first time since April 2022. Over the past 24 hours, ADA’s price has risen by 30%, reaching $1.06, with trading volume also soaring by 150% to $6.7 billion. Analysts believe this could be just the beginning for Cardano’s upward momentum.

Price Surge and Increased Trading Volume

With the recent crypto market rally, Cardano has seen an impressive price increase of 30% in a single day, breaking the $1 barrier and trading at $1.06. This marks a significant recovery for the altcoin, as it hits levels unseen since April 2022. Trading activity has also surged dramatically, with volumes climbing by 150% to reach $6.7 billion.

Crypto analyst Ali Martinez highlighted that ADA’s current performance may only hint at its long-term potential.
“$ADA has surged nearly 200% in the past three weeks! But this is nothing compared to what lies ahead,” Martinez said, pointing to continued whale activity and the likelihood of further price increases.

featuring the Cardano ADA logo prominently. The image includes upward price trend line

On-Chain Data Supports Bullish Momentum

On-chain metrics indicate growing optimism surrounding Cardano. Data from CoinGlass shows that open interest for ADA has risen by 32%, reaching $889 million. Additionally, $9.77 million in short positions were liquidated in the past 24 hours as traders betting against ADA closed their positions.

Santiment data reveals that Cardano’s market capitalization has tripled over the past 17 days. The network has recorded daily profits of $165 million, while social media mentions of Cardano have reached an 11-month high.
“ADA’s recent rise has reignited community interest and enhanced its long-term potential,” Santiment noted.

Analysts Predict Further Gains

Analysts predict that if Cardano maintains its current trajectory, it could climb as high as $6 in the coming months. However, they emphasize the importance of holding the $0.80 support level, which is critical for sustaining the ongoing rally.

For investors, Cardano’s surge, backed by strong technical indicators and on-chain metrics, presents an opportunity to evaluate its future potential. Monitoring ADA’s market dynamics and analyst forecasts will be crucial for making informed investment decisions.

Stay tuned to Dey There for the latest updates on Cardano and other key developments in the cryptocurrency market.

Cardano price, ADA rally, on-chain metrics, trading volume, crypto market

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Striking Divergence in Spot ETFs! Bitcoin Climbs, Ethereum Falters

Peanut Investors Cashed Out Big—Now This Top Trending Meme Coin Presale’s 50% Bonus Is Your Best Chance at Wealth!

Best Cryptos to Stake: As Bitcoin Surges, Troller Cat’s Final Hours at $0.00001166 With 69% APY as Dogecoin and AI Companions Catch Fire

Women in Web3: World of Women and Artist Sara Baumann Launch NFT Portrait Series!

Best Meme Coins to Join for Long Term: Crypto All-Stars Investors Pick BTFD Coin as Next Investment as Cat in a Dog’s World Continues Slide

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByEmiliano Trejo
Emiliano Trejo has spent the last 9 years immersed in the world of blockchain and cryptocurrencies, becoming a prominent figure in the industry. With a background in economics and a keen interest in decentralized systems, Emiliano has contributed to several groundbreaking projects, including the development of blockchain-based financial products and services. His expertise lies in the intersection of blockchain technology and economic models, where he excels in creating innovative solutions that leverage the benefits of decentralization. At DT NEWS, Emiliano shares his deep knowledge of the global cryptocurrency market, offering insights that help readers understand both the technical and economic implications of blockchain innovations.
Previous Article Ethereums glowing logo in vibrant blue and silver tones symbolizing its market recovery and Ethereum Surges Ahead: Vitalik Buterin’s Comments Spark Investor Optimism
Next Article featuring the Ripple XRP logo prominently. The background includes visuals of blockchain Ripple CEO Celebrates Key Appointment: What’s Next for XRP and Ripple?
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Socials
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
  • Sitemap
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English