BTC is still moving sideways, while ADA suddenly surged 11%. Is capital starting to flow into altcoins?
#ADA涨10%突破0.27美元
Today, ADA surged above $0.27, gaining over 10% in 24 hours. Trading volume also topped $1 billion, nearly twice the median of the past 30 days.
A big part of the reason is the combined impact of several events:
RealFi officially launched on the Cardano mainnet on October 1. USDrf and sUSDrf are now entering real-world use, with a focus on RWA, stablecoins, and institutional lending.
On top of that, ADA just completed its first golden cross of the year, with the 50-day moving average crossing above the 200-day moving average. The technical and fundamental factors have lined up at just the right time.
So I’d rather view this rally as follows:
With BTC stuck in a range, capital is starting to seek out altcoins with catalysts, and ADA was the first to catch fire.
However, trading volume on Cardano’s own DEXs hasn’t surged in tandem. Some data even points to a recent pullback to around $5.7 million.
In other words, the price is rising, but on-chain usage isn’t.
So $ADA is certainly strong in the short term, but it’s not yet time for a “full-scale fundamental revaluation.”
$0.27 is now the dividing line between bulls and bears. If ADA holds above it, the next target is $0.29;
if the breakout fails, watch $0.257–$0.26 first, then $0.24.
What to watch next:
Can RealFi turn the buzz generated by this rally into TVL and on-chain capital?
If so, this rally in ADA will be about more than just news speculation;
if not, this 11% surge could simply be a spark in the altcoin rotation.
#ADA涨10%突破0.27美元
Today, ADA surged above $0.27, gaining over 10% in 24 hours. Trading volume also topped $1 billion, nearly twice the median of the past 30 days.
A big part of the reason is the combined impact of several events:
RealFi officially launched on the Cardano mainnet on October 1. USDrf and sUSDrf are now entering real-world use, with a focus on RWA, stablecoins, and institutional lending.
On top of that, ADA just completed its first golden cross of the year, with the 50-day moving average crossing above the 200-day moving average. The technical and fundamental factors have lined up at just the right time.
So I’d rather view this rally as follows:
With BTC stuck in a range, capital is starting to seek out altcoins with catalysts, and ADA was the first to catch fire.
However, trading volume on Cardano’s own DEXs hasn’t surged in tandem. Some data even points to a recent pullback to around $5.7 million.
In other words, the price is rising, but on-chain usage isn’t.
So $ADA is certainly strong in the short term, but it’s not yet time for a “full-scale fundamental revaluation.”
$0.27 is now the dividing line between bulls and bears. If ADA holds above it, the next target is $0.29;
if the breakout fails, watch $0.257–$0.26 first, then $0.24.
What to watch next:
Can RealFi turn the buzz generated by this rally into TVL and on-chain capital?
If so, this rally in ADA will be about more than just news speculation;
if not, this 11% surge could simply be a spark in the altcoin rotation.