Casa Paura e avidità Piscine minerarie Portafogli Dizionario pubblicizzare Facebook Twitter Telegram Reddit Youtube
Mercato:
24h Vol:
Cryptocurrencies: 13105
Mercata: 101189
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino
Mercato
24h Vol
13105
Cryptocurrencies
60.37%
Bitcoin Condividere
Crypto Potato 2025-03-19 08:38:49

Cardano’s Social Sentiment Is Booming – Will ADA’s Price Follow?

Cardano’s Social Sentiment Is Booming – Will ADA’s Price Follow?

Cardano (ADA) is experiencing declining momentum amid a broader market downturn. Over the past month, the crypto asset has shed nearly 12% and is currently hovering around $0.70. Recent on-chain data reveals that whales offloaded more than 100 million ADA tokens last week, which further contributed to increased selling pressure and uncertainty over the asset’s near-term performance. Despite this downturn, Cardano’s crowd sentiment appears to have been moving in a different direction as it hit a milestone that can potentially catalyze a much-needed turnaround. Cardano’s Market Sentiment Improves Santiment’s latest data revealed a surge in positive sentiment for Cardano as it reached its highest level in over four months. According to the on-chain intelligence platform, social media users are posting more than 3.5 positive comments for every negative one, a ratio not seen since late October to early November 2024. Specific altcoins like Cardano are seeing high positive sentiment on social media. Aided by the fact that the SEC classified $ADA ‘s use case as “smart contracts for government services”, the altcoin’s community has pushed up bullishness to its highest rate in over 4 months. pic.twitter.com/viUVgjYNAX — Santiment (@santimentfeed) March 19, 2025 The spike in optimism comes as the US Securities and Exchange Commission (SEC) classified ADA’s use case as “smart contracts for government services.” Historical data suggest that similar sentiment peaks have coincided with price movements. This renewed enthusiasm could indicate increased investor confidence and potential price volatility in the near future. Factors Driving Cardano As Cardano navigates the volatile market, three key factors are driving its momentum. For instance, President Donald Trump announced on March 2 that ADA would be among the cryptocurrencies in the United States’ strategic crypto reserve. A March 6 executive order later clarified that altcoins would be included in the Digital Asset Stockpile (DAS) and overseen by the Treasury. While this was a welcome move, many market participants were quick to criticize Cardano’s inclusion, citing its low activity levels, which have hindered its price. Secondly, Cardano Foundation CEO Frederik Gregaard confirmed that the project is collaborating with NASA on blockchain-based data solutions. The partnership focuses on data provenance, track-and-trace mechanisms, and satellite data applications. NASA is leveraging Cardano’s advanced Merkle Patricia Tries (MPTs) to ensure efficient and verifiable data storage. MPTs enable Cardano to handle large-scale data by constantly updating datasets—a capability lacking in many other blockchain networks. Additionally, Cardano’s growth and adoption prospects could receive a major boost as institutional capital flows in, driven by exchange-traded fund (ETF) applications from Canary Capital and Grayscale. According to Polymarket , the odds have risen from 52% on February 24 to 67% at the time of writing. The post Cardano’s Social Sentiment Is Booming – Will ADA’s Price Follow? appeared first on CryptoPotato .

La maggior parte ha letto le notizie

Mercato
24h Vol
60.37%
Bitcoin Condividere
0
Oggi notizie
Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta