Cardano: Why ADA remains far from profitable despite the 25% value surge

ADA logged its highest price and daily trading volume in the last two months However, ADA still remains an unprofitable cryptocurrency asset The surge in Cardano’s [ADA] trading volume in the last 24 hours pushed the price of the layer 1 coin to its mid-November levels, data from Santiment revealed. Read Cardano’s [ADA] Price Prediction 2023-2024 … Read more

Cardano (ADA) Price Prediction 2025-2030: ADA could go back to this level soon

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject 2022 was a volatile year for the cryptocurrency market as a whole, including Cardano (ADA), in terms of value. While the price of Cardano (ADA) has grown by about … Read more

Decoding if Cardano whales will remain vital to ADA’s play in 2023

Top Cardano whales invested in buying 217.2 million ADA a few days into the new year. Long-term holders still had their assets in red despite ADA’s resistance. While the broader crypto market adhered to a price correction, Cardano [ADA] resisted the temptation, thanks to the efforts of whales holding the token. Read Cardano’s [ADA] Price … Read more

Cardano [ADA] holders will not gain without short-term pain, here’s why

ADA whales and small to medium-sized investors have reduced their ADA holdings in the past few months. On-chain assessments suggested that most ADA holders were logging losses on their holdings at press time.  According to a report from Santiment, small to medium-sized investors holding between 10,000 and 1,000,000 Cardano [ADA] coins have become hesitant to accumulate … Read more

DEXs on Cardano see growth, but how does that benefit ADA in the long run?

DEXes on Cardano performed well However, the network’s TVL continued to decline along with daily activity MELD DeFi, a popular Decentralized Exchange (DeX) on the Cardano [ADA] network, stated that it would be expanding its reach and growth in a 2 January tweet. It would do so by becoming a multi-chain protocol and would launch … Read more

Cardano (ADA) Price Prediction 2025-2030: Assessing if $10-target is on the cards

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The cryptocurrency market is still recovering from the challenging year in which the majority of its assets, including Cardano (ADA), experienced large losses, and investors are looking for clues … Read more

Will Cardano’s development activity help ADA sail through crypto winter

Cardano ranked number one in terms of development activity. However, its dApp activity declined, along with its TVL and revenue. Santiment, a leading crypto analytics firm, announced on 30 December that Cardano [ADA] outperformed other major cryptocurrencies in terms of development activity. 🧑‍💻 Top 2022 #blockchain protocols by development activity: 1) #Cardano $ADA2) #Polkadot $DOT3) #Cosmos … Read more

ADA investors can expect some roadblocks on the way to 2023. Details inside…

An assessment of a series of on-chain metrics hinted at the commencement of a bull run In the mean time, sellers still had control of the ADA market On-chain assessment of Cardano [ADA] revealed a series of bullish activity hinted at the commencement of a new bull cycle in 2023. A look at ADA’s supply … Read more

Cardano stands out on the dev activity front; can ADA live up to the hype

ADA’s price action and a few metrics look positive  However, market indicators were against a price hike Cardano’s [ADA] development activity again helped the altcoin step into the limelight as it outperformed Polkadot [DOT]. Recall that DOT has been dominating the market in terms of development activity for quite some time. Apart from Cardano, Polkadot, … Read more

Cardano investors have every reason to be cautious given ADA’s current range

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ADA lost over 50% of its value in the past three months  ADA could continue to trade sideways within the $0.2530 – $0.2682 Cardano [ADA] has traded within the $0.2530-$0.2682 for the past 10 … Read more