Cardano (ADA) price has recently been consolidating around $0.38, a level regarded by the market as the short-term support and resistance threshold. Although there has been a slight rebound intraday, the overall technical structure remains weak. Analysts generally believe that once the key support is broken, ADA faces the risk of further retracement to $0.29. From a technical perspective, the $0.38–$0.36 range is an important recent support zone, where buying interest has historically appeared multiple times. However, the current price has broken below the previous consolidation zone, and demand has not yet significantly increased. If buyers cannot effectively defend this area, the downward pressure on Cardano's price will significantly intensify. Crypto analyst Ali Martinez pointed out that the SuperTrend indicator on higher timeframes for ADA has turned bearish. Historical data shows that after similar reversals, Cardano often enters a prolonged retracement phase. This signal further reinforces market caution regarding the short-term outlook.

The cryptocurrency market continues to be under pressure, with Bitcoin prices recently oscillating around $87,000. Multiple analysts and derivatives market data simultaneously signal a bearish outlook. Some analysts warn that if Bitcoin drops to $10,000 in this cycle, mainstream altcoins such as Ethereum (ETH), Cardano (ADA), and Ripple (XRP) could face catastrophic consequences. Recently, Bitcoin's rebound momentum has significantly weakened, with price movements showing a pattern of "a brief rally followed by a rapid decline." Against the backdrop of increasing macroeconomic uncertainty, Bitcoin's performance has begun to underperform traditional stock markets. On Wednesday evening, Bitcoin briefly rebounded above $90,000 but then quickly fell back below $87,000.

Cardano (ADA) prices are still under downward pressure, with the overall trend remaining below key moving averages in a consolidation pattern. Technical indicators and order book data both show that market sentiment is cautious, and there is still no clear momentum for a short-term reversal. From the market perspective, the spot ADA price hovers around $0.40, with limited intraday volatility, and gains are approximately in the 0–1% range. The 24-hour trading volume is about $500 million to $600 million, with major CEX platforms contributing around 100 million ADA in trading volume, indicating decent liquidity but no significant volume surge. Technical analysis indicates that after recent declines, Cardano's price has stabilized somewhat, but the overall structure remains bearish. The price continues to trade below short-term and medium-term moving averages, which are trending downward, suggesting that the recent rebound is more of a technical correction rather than a trend reversal. Until ADA effectively recovers these key moving averages, upward potential will remain limited by sellers.

Bitcoin remains resilient after the Federal Reserve's third rate cut this year, with a brief correction but still stabilizing above $90,000. Over the past 24 hours, the cryptocurrency market has declined by about 3%, mainly due to traders' disappointment over policy expectations not being met and large holders selling off. Previously, the market widely anticipated a more dovish stance, so after briefly reaching $92,000, Bitcoin experienced profit-taking, causing Ethereum, Solana, XRP, ADA, and Dogecoin to fall in tandem. The overall market capitalization also decreased from $3.22 trillion to $3.07 trillion. There are still disagreements within the Federal Reserve regarding the future direction of monetary policy, and the plan to possibly purchase up to $40 billion in Treasury bonds over the next 30 days further increases market uncertainty. With no additional rate cuts scheduled in the near term, investors will focus on the next FOMC meeting in January 2026.

Gate News Bot Message, December 11th, according to CoinMarketCap data, ADA (Cardano) is currently trading at $0.43, down 7.15% in the past 24 hours, with a high of $0.48 and a low of $0.41. The 24-hour trading volume reached $1.144 billion. The current market capitalization is approximately $15.408 billion, down $1.187 billion from yesterday. Cardano is a proof-of-stake blockchain platform that provides tools and technology for changemakers, innovators, and visionaries to create possibilities for many and to bring about positive global change. As the first blockchain platform built on peer-reviewed research and developed using evidence-based methods, Cardano combines cutting-edge technology to offer unparalleled security and sustainability for decentralized applications, systems, and society.

Cardano (ADA) is trading higher today and is the brightest spotlight in the cryptocurrency market. ADA's 8% increase in a single day, accompanied by a 72% surge in trading volume, successfully led to a recovery in overall altcoin sentiment and injected new liquidity and confidence into the market. As ADA's price gains momentum, traders and investors are turning their attention to Cardano, propelling it into the current dominant force in the market. This rally is driven by multiple factors, including Cardano's steady progress in technology development, improved overall market sentiment, and strong demand from traders for high-momentum assets following recent consolidation. Cardano is more attractive in a highly volatile market environment with a clear direction and good fundamentals, making it one of the top choices for traders when chasing clear trends.

Cardano (ADA) price continues to fluctuate within the $0.40 to $0.45 range, with the market watching closely to see if the key support at $0.38 can hold. Currently, ADA is trading around $0.43, just below the short-term resistance at $0.45. If it fails to break out with strong volume above the $0.45-$0.47 zone, the price structure may continue to show weakness and consolidation through late December. On a higher time frame, ADA has declined from its 2025 high of $1.32, remaining in a long-term downtrend overall. Although the RSI has rebounded from oversold territory, providing conditions for a short-term bounce, it has not disrupted the broader bearish structure. On the daily chart, major resistance is concentrated at $0.446-$0.47 (including the 200-day moving average), while key support lies between $0.423 and $0.40. A break below this support could see the range extend down to $0.33-$0.35.

The price of Bitcoin hovered around $90,400 on Tuesday, with the market gradually stabilizing after experiencing its weakest November performance since 2018. Market data shows that over the past 24 hours, Bitcoin edged up 1%, Ethereum rose 0.2%, and other major altcoins saw mixed movements. BNB increased by nearly 1%, XRP dipped slightly, and Solana fell by about 0.6%. Although liquidity remains weak ahead of the Federal Reserve's decision, the overall rebound momentum continues. The latest market time zone data has attracted attention. A Presto Research report points out that the European trading session has been the main driver behind this month's 20% to 25% drop in Bitcoin and Ethereum, with negative returns significantly higher than in other regions. The Asian and US markets have remained largely flat, indicating that during the crypto market's deleveraging process, capital behavior varies noticeably across different regions.

The Cardano ecosystem has undergone a key upgrade, with major CEXs officially supporting Midnight network’s native token NIGHT, drawing strong attention from the market. Following the announcement, ADA’s price surged over 4% within just a few hours, with trading volume rising sharply and overall market sentiment turning noticeably positive. On December 8, the exchange announced the listing of Midnight’s NIGHT token and stated that eligible users could claim an airdrop via Alpha points after trading opens on December 9. More details regarding asset support and trading pairs will be released gradually. According to Midnight’s official response, listing the NIGHT token on the platform will not only expand its user base but also promote the adoption of Web3 privacy technology and accelerate global acceptance of zero-knowledge privacy networks.

Driven by expectations that the Federal Reserve may cut rates by 25 basis points this week, cryptocurrencies rose in tandem with Asian stock markets on Monday. Bitcoin prices edged up to around $91,300, gaining 2% over the past 24 hours and up more than 6% over the past week, continuing last week’s rebound. However, BTC still faces significant resistance near $94,000. FxPro analyst Alex Kuptsikevich pointed out that this rally is still part of a corrective structure, but if momentum continues, Bitcoin has a chance to further test the $98,000 to $100,000 range.

Bitcoin briefly broke above $93,000, boosting the entire crypto market, but several traders warned that this move could be a “false breakout,” as market structure remains fragile and volatility is still high. The core focus of the current market is whether Bitcoin can stabilize within the key support range of $90,000–$91,000. Analysts pointed out that Bitcoin quickly pulled back after breaking $93,000, indicating a lack of bullish momentum. Bitunix analysts stated that the current trend “looks more like a choppy correction” and noted that $93,200 has become a new resistance level. If Bitcoin falls below the key support zone, downside risks may increase again.

Gate News Bot reports that as of December 3rd, according to CoinMarketCap data, ADA (Cardano) is currently priced at $0.44, up 13.93% in the past 24 hours, with a high of $0.45 and a low of $0.37. Its current market capitalization is approximately $15.965 billion, an increase of $1.952 billion from yesterday, ranking 10th in market capitalization. Cardano is a blockchain platform developed based on peer-reviewed research and evidence-based methods, aiming to provide changemakers, innovators, and visionaries with the tools and technology needed to create possibilities for the masses and bring about positive global change. As the first blockchain platform based on peer-reviewed research, Cardano combines pioneering technologies to provide unparalleled security and sustainability for decentralized applications, systems, and societies. ADA has recently re

After experiencing intense volatility, the cryptocurrency market has seen a strong rebound. On Wednesday, Bitcoin (BTC) once again broke through the $93,000 mark, with major large-cap tokens strengthening in tandem—SOL, ADA, and XRP each recorded gains of over 12%. This round of gains partially recouped the losses from nearly $500 million in liquidations on Monday. In the past 24 hours, the derivatives market saw large-scale short liquidations totaling $457 million, including $224 million in BTC liquidations and $94 million in ETH liquidations. This round of liquidations significantly deleveraged the market, making room for a price rebound and providing temporary relief from sustained downward pressure.

The price of Cardano (ADA) is currently retracing to retest the multi-year trendline support that has been in place since 2020, hovering around $0.41. Over the past week, on-chain data shows that long-term holders have sold over 114.66 million ADA, with the "spent token age" metric rising by 23%, indicating that older coins are accelerating their movement, which typically represents seasoned investors choosing to exit. This is the first time in over four years that ADA has touched this key trend line. Historically, this support often becomes a significant reversal point, but this test is occurring against a backdrop of overall market weakness and declining volume. The volume distribution shows that the price is approaching the strong liquidity area around $0.30, which means that if the current support is lost, the likelihood of a drop towards a lower range increases.

Bitcoin faced selling pressure again this week, briefly falling below $83,000. Weak liquidity, concerns about Japan's macroeconomy over the weekend, and market panic over MSCI potentially adjusting its index components have led to this rapid and disorderly decline. Currently, Bitcoin is fluctuating around $85,000, with mainstream tokens such as Ethereum, XRP, ADA, SOL, and BNB also dropping about 2%, indicating widespread pressure in the market. Multiple market participants emphasized that this fall is not significantly related to traditional macro factors. The core reason is that the market structure is weak, the order book depth is insufficient, and it is difficult to withstand any external pressure. VALR CEO Farzam Ehsani pointed out that Bitcoin falling below $90,000 is the result of a "fragile market structure colliding with weak weekend liquidity."

Foresight News reports that Franklin Templeton Digital Assets tweeted that the Franklin Crypto Index ETF has added ADA, LINK, DOGE, SOL, XLM, and XRP Tokens. Previously, the Franklin Crypto Index ETF only held ETH and.

Cardano is planning to inject critical liquidity into its long-weak DeFi infrastructure through a fund worth approximately $30 million. According to a proposal submitted on November 27, Cardano aims to utilize 70 million ADA to introduce top stablecoins, accomplices, cross-chain bridges, pricing Oracle Machines, and institutional-level analytical tools to establish a real economic foundation for the network by 2026. This proposal is jointly promoted by Input Output, EMURGO, the Cardano Foundation, Intersect, and the Midnight Foundation, showcasing an unprecedented collaboration within the ecosystem. The core goal behind it is clear: to fill the infrastructure gap that has affected Cardano's development over the years.

As of late November to early December, the trading price of Cardano (ADA) remained around $0.41, down over 85% from its peak in 2021. It closed at $0.42 on November 25, with a slight fluctuation in the range of $0.413 to $0.422 within 24 hours, rising about 1%. The spot trading volume exceeded $540 million, with an on-chain lock-up position valued at approximately $185 million, DEX trading volume around $1.8 million, and about 19,000 active addresses, indicating a stable user base but a lack of new demand. The data for derivatives is significantly different. According to Coinglass, the 24-hour trading volume for ADA futures reached approximately $670 million, while the spot volume was only about $76 million, with open interest at around $735 million. The substantial gap between derivatives and spot reflects that the market is primarily driven by high-leverage short-term trading, with long-term buyers yet to make a significant entry.

The Nasdaq-listed Reliance Global Group has converted its entire digital asset portfolio into Zcash. With Zcash gaining momentum, experts continue to predict that its price will rise. Reliance Group announced that it has completed a comprehensive adjustment of its digital asset portfolio. The company confirmed that it has liquidated all previously held digital assets, including Bitcoin, Ethereum, Cardano (ADA), and XRP, and converted all asset holdings into Zcash.

The Cardano blockchain split into two chains due to a format error in a delegated transaction, with the old software refusing to validate the transaction. Although this incident was initially referred to as an attack, the responsible party was negligent in reproducing the transaction and had no malicious intent. User funds were not lost, and the price of ADA tokens fell by more than 6%.

According to BlockBeats, on November 21, the SEC approved the listing and trading of the Bitwise 10 Crypto Index ETF by NYSE Arca, Inc. ("NYSE Arca"), covering assets including BTC, ETH, XRP, SOL, ADA, SUI, LINK, AVAX, LTC, DOT.

Gate News Bot news, on November 21, according to CoinMarketCap, as of the time of writing, ADA (Cardano) is currently priced at $0.43, falling 8.80% in the last 24 hours, with a high of $0.51 and a low of $0.42, and a 24-hour volume of $1.151 billion. The current market capitalization is approximately $15.301 billion, a decrease of about $1.477 billion compared to yesterday. Important news about ADA recently: 1️⃣ **Price continues to fall, market capitalization significantly shrinks** The price of ADA has continued to decline over the past few days, falling from $0.47 on November 19 to the current $0.43, a decrease of 8.80%. The market capitalization has also significantly shrunk, dropping from $16.769 billion to $15.301 billion, a reduction of approximately $1.468 billion. This hold

Gate News Bot news, on November 17, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.49, falling by 2.02% in the last 24 hours, with a high of $0.61 and a low of $0.48. The 24-hour volume reached $1.166 billion. The current market capitalization is approximately $17.688 billion, a decrease of $365 million compared to yesterday. Important news about ADA recently: 1️⃣ **Large holders' massive exchanges trigger market fluctuations** A long-term Cardano holder recently executed a significant transaction, exchanging 14.4 million ADA worth approximately $6.9 million for 847,000 USDA. This transaction resulted in a loss of about $6.05 million, primarily due to insufficient market liquidity. It is worth noting

Gate News bot message, On-chain analyst @zachxbt reports a significant market event where a Cardano holder executed a substantial swap of 14.4 million ADA (valued at $6.9 million) for 847,000 USDA. The transaction resulted in a $6.05 million loss due to insufficient liquidity in the market. The not

Gate News Bot message, on November 14, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.52, having fallen 7.69% in the last 24 hours, with a high of $0.61 and a low of $0.51. The 24-hour volume reached $1.168 billion. The current market capitalization is approximately $18.591 billion, a decrease of about $1.549 billion compared to yesterday. Important news about ADA recently: 1️⃣ **Significant price correction raises market concerns** ADA has seen a significant fall in the past 24 hours, quickly retreating from around $0.60 to $0.52, a drop of 7.69%. This noticeable price correction reflects a sudden shift in market sentiment, which may raise investors' concerns about the short-term prospects of the Cardano project. 2️⃣ **

Gate News Bot message, November 12th, according to CoinMarketCap data, as of press time, ADA (Cardano) is trading at $0.57, down 1.53% in the past 24 hours, with a high of $0.61 and a low of $0.52. The 24-hour trading volume reached $736 million. The current market capitalization is approximately $20.44 billion, a decrease of about $317 million from yesterday. Recent important news about ADA: 1️⃣ **Short-term market adjustment causes price decline** ADA's price has pulled back in the past 24 hours, falling from a previous high of $0.61 to $0.57, a decline of 1.53%. This pullback may be a normal correction caused by short-term profit-taking and market sentiment fluctuations, reflecting the high volatility characteristic of the cryptocurrency market. 2️⃣ **Trading volume is small**

Gate News Bot message, November 11th, according to CoinMarketCap data, as of press time, ADA (Cardano) is trading at $0.60, up 1.65% in the past 24 hours, reaching a high of $0.61 and a low of $0.49. The current market capitalization is approximately $21.459 billion, an increase of $345 million compared to yesterday. ADA is currently ranked 10th in the cryptocurrency market cap rankings. Recent important news about ADA: 1️⃣ **Market sentiment improves, driving price rebound** ADA's price has shown a significant upward trend in the past 24 hours, rebounding from a low of $0.49 to $0.60, a 1.65% increase. This rebound largely reflects an improvement in overall cryptocurrency market sentiment, indicating that investor confidence in the Cardano ecosystem has been restored.

Gate News Bot message, November 11th, according to CoinMarketCap data, ADA (Cardano) is currently priced at $0.60, up 3.02% in the past 24 hours, with a high of $0.61 and a low of $0.49. The 24-hour trading volume is $864 million. The current market capitalization is approximately $21.549 billion, an increase of $631 million from yesterday. ADA is currently ranked 10th in the global cryptocurrency market cap.

Gate News Bot news, on November 4th, according to CoinMarketCap's market data, as of the time of this report, ADA (Cardano) is currently priced at 0.53 USD, having fallen by 7.64% in the last 24 hours, with a high of 0.67 USD and a low of 0.53 USD. The current market capitalization is approximately 19.162 billion USD, a decrease of 1.586 billion USD from yesterday. Cardano is a blockchain platform developed based on peer-reviewed research, aimed at providing the tools and technology needed for changemakers, innovators, and visionaries to create possibilities for the masses and bring about positive global change. Cardano adopts a proof-of-stake mechanism and the Ouroboros protocol, making it the first blockchain platform developed through evidence-based methods based on peer-reviewed research. It combines groundbreaking technology to provide unparalleled support for decentralized applications, systems, and society.

Gate News Bot News, November 3rd, according to CoinMarketCap, as of the time of writing, ADA (Cardano) is currently priced at $0.57, having fallen by 6.71% in the last 24 hours, reaching a high of $0.67 and a low of $0.57. The current market capitalization is approximately $20.577 billion, a decrease of about $1.48 billion from yesterday. Cardano is a blockchain platform developed based on peer-reviewed research, aimed at providing the tools and technologies needed for changemakers, innovators, and visionaries to create possibilities for the public and bring about positive global change. Cardano is the first proof-of-stake blockchain platform built on a foundation of peer-reviewed research and developed through empirical methods. It combines cutting-edge technology to provide unmatched security and sustainability for decentralized applications, systems, and societies. ADA near

Gate News Bot news, on October 31, according to CoinMarketCap, as of the time of writing, ADA (Cardano) is currently priced at $0.61, falling by 2.36% in the last 24 hours, with a high of $0.69 and a low of $0.59, and the 24-hour volume reaching $1.212 billion. The current market capitalization is approximately $22.041 billion, which is a decrease of $0.532 billion compared to yesterday. Cardano is a blockchain platform developed based on peer-reviewed research and evidence-based methods. It is the first blockchain to implement the Ouroboros consensus protocol, which enables the decentralization of the network at a sustainable scale without compromising security. Cardano aims to redistribute power from irresponsible structures to individuals, becoming a driving force for positive change and progress. The platform combines pioneering technology for decentralization.

Gate News Bot news, on October 28, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.67, falling by 3.66% in the last 24 hours, with a highest of $0.69 and a lowest of $0.61, and a trading volume of $876 million in the last 24 hours. The current market capitalization is approximately $23.88 billion, a decrease of about $908 million compared to yesterday. Currently, ADA ranks 10th in the global crypto assets market capitalization. Important news about ADA recently: 1️⃣ **The potential connection between the BitcoinOS presale event and the Cardano ecosystem** The BitcoinOS (BOS) token presale event will end on October 22, and participants can choose to receive tokens using a Cardano (CNT) address. This option highlights the

Gate News Bot news, on October 23, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.64, having risen by 1.11% in the last 24 hours, with a high of $0.68 and a low of $0.60. The current market capitalization is approximately $23.023 billion, an increase of $252 million from yesterday. Currently, ADA ranks 10th in the global Crypto Assets market capitalization.

Golden Finance reports that Aster has added new trading pairs for BTC, ETH, ADA, DOGE, LRC, DOT, AVAX, SHIB, and SAND.

Gate News Bot news, on October 11th, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.65, down 20.74% in the last 24 hours, with a high of $0.88 and a low of $0.33. The current market capitalization is approximately $23.187 billion, a decrease of $6.067 billion from yesterday. Cardano is a blockchain platform built on peer-reviewed research, designed to provide the tools and technologies needed for changemakers, innovators, and visionaries to create possibilities for the masses and bring about positive global change. Cardano is the first proof-of-stake blockchain platform to be built on a foundation of peer-reviewed research and developed using evidence-based methods. It combines groundbreaking technology to provide unparalleled security and sustainability for decentralized applications, systems, and societies. AD

Odaily News According to encryption reporter Eleanor Terrett's post on the X platform, the U.S. SEC has requested that the issuers of LTC, XRP, SOL, ADA, and DOGE ETF withdraw their 19 b-4 applications, as the universal listing standard has been approved, replacing the 19 b-4 applications. The withdrawal of the applications may begin as early as this week.

Odaily News: The Cardano Foundation has updated its application roadmap, which mainly includes: 1. Providing up to eight-digit ADA liquidity for Cardano stablecoin projects 2. Supporting the popularization and liquidity of DeFi through measures such as stablecoin DeFi liquidity budgets 3. Delegating 220 million ADA tokens to new DReps 4. Launching real-world assets (RWA) projects with a scale exceeding $10 million 5. Allocating 2 million ADA tokens to the Venture Hub 6. Fully expanding promotional activities and application implementation. It is reported that the Cardano Foundation will stop the current... in the coming months.

According to a report by Jinse Finance, analyst Ali stated on social media that in the past 96 hours, whales have sold 160 million ADA.

The Grayscale CoinDesk Crypto 5 ETF (GDLC) began trading today on the New York Stock Exchange, with a management scale exceeding $900 million, 15,867,400 shares outstanding, and a fee rate of 0.59%. This fund covers Bitcoin, Ethereum, SOL, XRP, and ADA, and is custodied by Coinbase Custody.

BlockBeats news, on September 19, Grayscale CoinDesk Crypto 5 ETF (ticker symbol: GDLC) began trading on the New York Stock Exchange, covering Bitcoin, Ethereum, SOL, XRP, and ADA.

Gate News Bot message, September 18, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.91, having risen by 3.66% in the last 24 hours, reaching a high of $0.95 and a low of $0.85. The current market capitalization is approximately $32.635 billion, an increase of $1.153 billion from yesterday, ranking 9th in the global Crypto Assets market capitalization. Cardano is the first blockchain platform developed based on peer-reviewed research and evidence-based methods. It combines pioneering technology to provide unparalleled security and sustainability for decentralized applications, systems, and societies. Cardano aims to redistribute power from irresponsible structures back to individuals, becoming a driving force for positive change and progress. Important news about ADA recently: 1️⃣ **Gate Remaining Coins

Gate News bot message, according to the official announcement from Gate: Gate's Yubi Treasure has added five new tokens for its fixed-term financial products: SOL, ADA, ATOM, TRX, and DOT. New products offer three types of lock-up periods: 7 days, 14 days, and 30 days. Users can choose different periods for periodic financial investment according to their needs.

Gate News Bot message, on September 10, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.88, with a rise of 1.98% in the last 24 hours, reaching a high of $0.89 and a low of $0.80. The current market capitalization is approximately $31.36 billion, an increase of $610 million compared to yesterday.

Gate News Bot news, on August 27, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.86, having risen 2.88% in the last 24 hours, reaching a high of $0.96 and a low of $0.82, with a 24-hour trading volume of $1.355 billion. The current market capitalization is approximately $30.686 billion, an increase of $860 million compared to yesterday. Currently, ADA ranks 10th in global Crypto Assets market capitalization. Important news about ADA recently: 1️⃣ **The SEC delays decision on Cardano ETF** The U.S. Securities and Exchange Commission (SEC) announced on August 26 that it would postpone its decision on Grayscale's application for a spot Cardano ETF. This decision may affect the market's perception of ADA.

According to a report from Gold Finance, a chart released by @alicharts suggests that ADA may break out of the triangle pattern, targeting $1.10.

Cardano developer EMURGO announced that it will stop delegating Genesis ADA to 7 community DReps to promote inclusivity and fairness in governance. This decision responds to community feedback and aims to ensure that financial proposals are not affected.

According to Clifton Fx's analysis, Cardano's price has broken through the bull run flag pattern, and it is expected to see a rise of 100%-150% in the coming weeks, with the ADA price potentially reaching the range of $1.60 to $1.75.

Gate News Bot message, August 14, according to CoinMarketCap data, as of the time of writing, ADA (Cardano) is currently priced at $0.95, having risen by 13.43% in the last 24 hours, with a high of $0.94 and a low of $0.73. The current market capitalization is approximately $33.753 billion, an increase of $3.995 billion from yesterday. The current market capitalization ranking is 10th. Cardano is the first blockchain platform developed based on peer-reviewed research, aimed at providing secure and reliable data protection for billions of people, with scalability to support global systems and robustness to drive fundamental change. Cardano employs proof-of-stake and the Ouroboros consensus protocol, making it one of the most environmentally sustainable blockchain protocols. The platform is committed to providing better security for personal transactions and exchanges, system governance, and business development through scientific methods.