Cardano (ADA) Surges With 78% Volume Increase Amid Development Breakthrough

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Cardano's ADA skyrockets with 78% surge, fueled by technological advancements

, ADA, has experienced an astonishing surge, with its derivatives trading volume skyrocketing by a remarkable 78% over the past 24 hours. This surge, as reported by The data unveiled a staggering increase in the trading volume of open-ended futures on ADA, amounting to nearly $2.7 billion within the specified period. When considering spot market transactions, the overall trading volume for Cardano's token surpassed an impressive $4 billion in just one day.

This surge in trading activity is not an isolated event but rather a reflection of the substantial progress witnessed across the ecosystem in recent times. Major developments in core technology, smart contracts, scaling solutions and governance initiatives have set the stage for ADA's remarkable ascent.In terms of core technology advancements, significant milestones have been achieved. The core technology teams released node v.8.9.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.

 

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