📊👀 Santiment: Despite a decent rebound earlier in the week, the cryptocurrency market is still showing significant losses among short and medium-term holders. According to the network, the average returns of wallets active over the past 30 days are:

#ADA: -19.2% (Extreme Undervaluation)
#LINK: -13.0% (Strong Undervaluation)
#ETH: -6.3% (Mild Undervaluation)
#BTC: -6.1% (Mild Undervaluation)
#XRP: -4.7% (Very Slight Undervaluation)

✅ #ADA Cardano developers approved to withdraw 70 million ADA from the treasury to fund infrastructure development. link

“After forming a BMS, the price has returned to the bullish order block. From here, we expect to take long positions toward the marked targets.”

#ADA #Crypto #SignalsToday

@Signals2day

Target 1 ✅

#ADA #Crypto #SignalsToday

@Signals2day

📊 Santiment: the lower the 30-day MVRV (average coin circulation time), the lower the risk of opening or increasing a position in short-term trading.
Negative values mean that average traders are losing money and there is an opportunity for the token to catch up. Positive values mean that average traders are making profits, and there is a risk of the token holding on because of the profits of other participants.
How the average trading returns are doing:
- #BTC: +2.4% (Neutral);
- #ETH: +7.2% (Slightly Overvalued);
- #XRP: -6.1% (Slightly undervalued);
- #LINK: -0.3% (Neutral);
- #ADA: -4.4% (Neutral).

🤔 #XRP #ADA Galaxy Digital CEO Mike Novogratz warned that XRP and Cardano risk losing relevance if they fail to demonstrate real-world utility. He argued that the crypto market is shifting from narrative-driven tokens to business-driven tokens with measurable value and profits, expecting a 1–3 year structural transformation during which wallets and exchanges may evolve into neobank-like platforms. link

📊 Santiment: the last 2 weeks of 2024 #ETH and other altcoins such as #SOL, #ADA and #DOGE have seen significant momentum in trading volume. This year, their weekly trading volume is less than half of the previous year.

“The price has tested its descending trendline four times, which weakens the trendline. If the descending trendline is broken and price stabilizes above it, we can expect long positions.”

#ADA #Crypto #SignalsToday

@Signals2day

🇺🇸 #ADA Cardano creator Charles Hoskinson said that the Trump administration has put the American crypto industry in a worse position than under Biden. He criticized the Trump administration for launching #TRUMP, #MELANIA, and politicizing cryptocurrencies, and noted that ineffective governance and a lack of clear rules undermine bipartisan progress in the legislative sphere. He warned that cryptocurrencies now risk being perceived as corrupt and tied to partisan interests.

🙋‍♂️ CME Group to expand crypto derivatives suite with launch of #ADA, #LINK and #XLM futures.

📊 #ADA #LINK #XLM CME Group Expands Crypto Derivatives Lineup with Cardano, Chainlink, and Stellar Futures.

📊 #ADA Santiment: Cardano's smart money wallets have been quietly accumulating while the token's price is suppressed.

🐳 In 2 months, wallets with 100K-100M coins have added 454.7M $ADA (+$161,420,000)
🦐 In 3 weeks, wallets with 100 or less coins have dumped 22.0K $ADA (-$7,810)

🇺🇸👀 CME Group launched futures on #ADA #LINK #XLM

🐳🦈 #ADA Santiment: Cardano's key whales & sharks have quietly been accumulating over the past 6 months. While its price has fallen over 71% from $0.90 to $0.26, wallets with 100K-100M ADA have added +819.4M more ADA ($213.9M) & +1.6% of the total supply.

🐳 #ADA Santiment: Wallets with at least 1 million Cardano now collectively hold 25.11B ADA, their highest amount since December, 2017. They are back up to 67.49% of the supply held, their highest level since July, 2020.

📊 CME Group Launches 24/7 Crypto Trading Today.

Starting May 29 at 4:00 p.m. CT, institutions can trade futures for #BTC, #ETH, #SOL, #XRP, #ADA, #LINK, #XLM, #AVAX, and #SUI around the clock.

🗣 #ADA Charles Hoskinson says Cardano’s scaling roadmap could make the network 60 times faster before the end of the year.

📊 #ADA Cardano Activates First Hard Fork Approved Entirely Through Onchain Governance

Cardano’s Van Rossem hard fork has activated Protocol Version 11, marking the network’s first upgrade approved entirely through onchain governance. The upgrade introduces new Plutus capabilities and cost-model improvements intended to lower smart-contract execution costs, while laying technical groundwork for the Dijkstra era.

⚡ ⚡ ⚡ Bonk Meme Coin Hits Nearly 3-Year Low After Upbit Announces September Delisting

#SOL #ADA #Exchange #Solana #CryptoNews

🚀 Top Trending Coins (Today)

1. #QNT
2. #HBAR
3. #FIRO
4. #TRUMP
5. #NEAR
6. #XLM
7. #LINK
8. #BUN
9. #PENGU
10. #ALGO
11. #BTC
12. #BP
13. #ENA
14. #ADA
15. #PRL