$ADA strongly outperformed the broader market, rising over 6% intraday to above $0.25, while on-chain activity also rebounded.
According to CoinGape, ADA rose 6.80% to $0.257 over the 24 hours on Saturday, outperforming Bitcoin. It has gained about 20% over the past month, bringing the $0.30 target back into view. Santiment data shows that Cardano had 27,500 and 27,200 daily active addresses on October 7 and 8, respectively—about 1.7 times the average on weekdays in September—reflecting a clear increase in addresses sending and receiving ADA. Over the same period, Bitcoin was around $82,800 and Ethereum around $2,494.
#Cardano #ADA #Cryptocurrency
(Source: CoinGape)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; exercise caution when entering the market.
According to CoinGape, ADA rose 6.80% to $0.257 over the 24 hours on Saturday, outperforming Bitcoin. It has gained about 20% over the past month, bringing the $0.30 target back into view. Santiment data shows that Cardano had 27,500 and 27,200 daily active addresses on October 7 and 8, respectively—about 1.7 times the average on weekdays in September—reflecting a clear increase in addresses sending and receiving ADA. Over the same period, Bitcoin was around $82,800 and Ethereum around $2,494.
#Cardano #ADA #Cryptocurrency
(Source: CoinGape)
⚠️Risk warning: The above is shared for informational purposes only and does not constitute investment advice. Investing involves risk; exercise caution when entering the market.