Global #Cardano

Analyst Ali Martinez's bullish signal amid the current decline in the price of ADA gives Cardano optimism for a possible recovery.

Given that Cardano's next support level is set at $0.44, both analysts and investors are thinking about how resilient the asset is.

With over 14,000 tokens in circulation and a $2.4 trillion market capitalization, more might not always be better. Forbes has identified a set of 20 cryptocurrencies, nicknamed "zombie blockchains," that, in spite of their lack of user acceptance and real-world utility, continue to command high market prices.

Tuesday sees the Cardano (ADA) price struggle as the cryptocurrency falls out of the worldwide top 10 rankings and its recent bounce from mid-month lows stalls.

Holders of Cardano [ADA] saw a ray of hope as ADA ended the week strongly. Given the substantial drop ADA has experienced in recent weeks, the positive price movement was a pleasant relief.

Unusual transaction volumes were noticed in multiple altcoins on Upbit, the biggest cryptocurrency exchange in South Korea, following the conclusion of the Bitcoin halving. Cardano (ADA), Loom Network (LOOM), 1inch (1INCH), Ankr (ANKR), and NEM (XEM) are among the cryptocurrencies in question.