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Cardano (ADA) Surges 11% As Trading Volume Tops $1 Billion

11h05 ▪ 4 min read ▪ by Evans S.
Getting informed Altcoins

The crypto universe has just experienced a plot twist. While Bitcoin nears $94,000, Cardano (ADA) is making an unprecedented breakthrough: its trading volume exceeds one billion dollars in 24 hours, driving its price up by 11%. A performance that raises questions as much as it fascinates. Behind these figures lie technical mechanisms, power plays between buyers and sellers, and a unique alchemy of decentralized markets. A deep dive into the guts of a rebound that could redraw the balance of cryptocurrencies.

A young crypto trader in a hoodie, illuminated by the orange light of a screen displaying “1,000,000,000”.

In Brief

  • Cardano (ADA) explodes with more than one billion dollars traded in 24h, resulting in an 11% increase in its price.
  • Breaking key technical thresholds revives optimism, but risks of relapse remain high.
  • Between speculative breakout and technological advances, ADA stakes its place among the big players in the crypto market.

Cardano: The Domino Effect of One Billion Dollars

The one billion dollars traded in 24 hours is not just a number. It’s a signal. In the crypto ecosystem, a high volume accompanied by a price increase often betrays a collective conviction.

Traders seem to have regained faith in ADA, despite months of stagnation below $0.70. This time, the momentum is different: the asset blasted through the key resistance of the 50-day moving average (0.688$), a psychological threshold that had kept it capped since January.

Moving averages (SMA 50 and EMA 200) are not just lines on a chart. They embody the hopes and fears of the crypto market. Surpassing the SMA 50 opens a breach towards $0.757, where the EMA 200 stands.

If this wall falls, ADA could target $0.83, even $1.03. But beware: these technical tools are also traps. “False signals” are common. To avoid overheating, Cardano must maintain its volume and convert skeptics.

Nothing happens in crypto without Bitcoin’s approval. The giant’s rise towards $94,000 has offered fertile ground for altcoins. ADA is benefiting, but its performance surpasses many competitors. Proof that the project, often criticized for its methodical development, is beginning to appeal beyond its community. Recent network upgrades, like scalability improvements, might be playing a role… quietly.

ADA Crypto towards $1: Mirage or Destiny?

Analysts are watching two horizons. In the short term, testing $0.80-$0.90 seems plausible if momentum persists. But the road to $1 remains full of pitfalls. To get there, ADA will need to attract new institutional investors and prove that its technology justifies a valuation above 25 billion dollars. A major challenge in a crypto market where Ethereum and Solana dominate the discussions.

Bulls are jubilant, but bears are watching. A fall below the SMA 50 (0.688$) could trigger panic selling, with the first support at $0.58. A nightmare scenario? No, just a simple reality of volatile markets. Remember that in April 2024, ADA already lost 30% in two weeks. History could repeat itself if fundamentals — real adoption, network utility — don’t follow.

Cardano is not just a speculative asset. Its DeFi ecosystem is growing, its university partnerships are multiplying, and its decentralized governance attracts purists. These elements, less publicized than prices, could be the key to structural growth. But for now, it’s trader psychology that leads the dance.

Cardano is at a pivotal moment. Between technical feats and strategic challenges, ADA embodies crypto paradoxes: excessive hopes, silent innovations, and volatility that defies reason. If the one billion dollars traded marks a turning point, it also reminds us that nothing is ever guaranteed. The coming weeks will be decisive, especially with the economic chaos triggered by Trump.

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Evans S. avatar
Evans S.

Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.