Data from analytics platform IntoTheBlock have illuminated a troubling trend within the Cardano (ADA) network, showing a significant dip in ‘profitability’ for its holders. While cryptocurrencies like Bitcoin and TRX show a high percentage of holders in profit, Cardano stands in stark contrast, with only 35% of its holders currently …
Read More »Cardano network activity and ADA’s oversold price action hint at a powerful breakout read full article at worldnews365.me
Caradano’s native gas-paying token, ADA, received a big blow at the start of June when the United States Securities and Exchange Commission (SEC) regarded it as a security in its lawsuits against Binance and Coinbase. The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low of $0.21 within …
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