Head Topics

ADA Struggles to Find Favor with Large Investors Despite Strong Community Support

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 21 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 68%

Cryptocurrency News

ADA,Cardano,Surge

Cardano (ADA) has seen a surge in price over the past month, despite a 15% drop in the last month. The Cardano community has passionately defended the coin against criticisms, including the recent comparison to TON. However, large investors have been less interested in ADA, with transactions worth over $1 million decreasing in recent weeks.

predictingaround ADA has surged over the past month or so, helped by the coin’s under par performance on the price charts. ADA plunged by 15% in the last month, and barely

The Cardano community has energetically countered these arguments every time. Even the latest hot topic of TON surpassing Cardano was met with a strong rebuke from a passionate community member known as ADA whale on X.the stark difference in the decentralization levels of the two projects, with top 10 TON holders controlling 60% of the supply, compared to top 10 in Cardano controlling just 8.96%.

ADA Cardano Surge Price Community TON Decentralization Low Fees Stability Large Investors Transactions

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Can Cardano find its footing after ADA’s 10% drop?According to IntoTheBlock, Cardano [ADA] has again thumped other Layer-1 blockchains to the top spot in development activity
Source: CryptoAmb - 🏆 22. / 68 Read more »

Cardano: Is $1 still on the cards for ADA’s price prediction?Cardano maintained a bullish long-term outlook but technical analysis suggested that investors need to be prepared for another ~20% drop.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Cardano has a new stablecoin; here’s what it means for ADA’s priceCardano [ADA] recently witnessed a major development in its ecosystem as a new stablecoin was launched on the blockchain.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Cardano’s [ADA] price down by 9% – What’s this week’s prediction?Cardano posted losses of close to 9% since the previous Monday. Here we take a closer look at Cardano, and the ADA token's price prediction.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Cardano’s latest milestone will affect ADA’s price this wayIn the past 30 days, the number of active wallets on Cardano [ADA] has reached a one-year peak of over 600,000...
Source: CryptoAmb - 🏆 22. / 68 Read more »

Cardano’s [ADA] price may be struggling, but will THIS help?Cardano was leading the race to bag the best L1 network award in the upcoming and highly anticipated Blockchain Life Forum in Dubai.
Source: CryptoAmb - 🏆 22. / 68 Read more »