El desempeño reciente de Cardano tras la conclusión de las elecciones estadounidenses ha sido sobresaliente. El token ADA se ha disparado más del 25% en los últimos tres días junto con el boom de las criptomonedas causado por un cambio en el sentimiento de los inversores después de la victoria de Donald Trump.
Las elecciones dent de EE. UU. provocaron una mayor volatilidad en los mercados criptográficos luego de una ola de sentimiento alcista después de que el candidato pro-criptomoneda Donald Trump ganara contra Kamala Harris. El token ADA también ha superado a muchos activos digitales a medida que el ecosistema criptográfico más amplio fue testigo de una mayor demanda de precios.
Según Santiment, Cardano se ha convertido en el centro de atención después de su reciente desempeño. El criptoactivo nativo de Cardano , ADA , se disparó más del 25% en los últimos tres días. Santiment también sugirió que los acontecimientos recientes podrían trac la inversión minorista, elevando aún más los precios de ADA.
🚀 Cardano ha sido una de las altcoins sorpresa más notables que tomó vuelo durante este boom criptográfico. Ahora, con un aumento de más del 25 % en los últimos 3 días, es posible que veamos algo de FOMO minorista próximamente. Esto ha tardado mucho en llegar para la comunidad de pacientes de la ADA. pic.twitter.com/Ph2ZFFKnIU
- Santiment (@santimentfeed) 8 de noviembre de 2024
According to data from CoinMarketCap, ADA is up 29% in the last seven days and has surged by more than 19% in the last 24 hours.
The performance has placed the asset at the top as the best-performing cryptocurrency in the list of top 10 crypto assets by market cap at the time of this publication. Solana and Dogecoin trail ADA’s performance with 20% and 25% gains, respectively, in the last seven days.
ADA is trading at $0.4358 and has broken above a daily range that was holding between $0.369 and $0.3189 from 2nd October to 8th November. The asset has also crossed the $0.4022 resistance and is currently trading above the 20 and 50 exponential moving averages, indicating strong bullish momentum.
If ADA’s bullish trend continues, the asset’s price could rally to $0.8087. As of this writing, ADA’s 24-hour trading volume is $925.4 million, and its market cap is $15.3 billion.
The recent ADA uptick has caused the asset to reclaim the 9th position among the top ten largest cryptocurrencies by market capitalization, surpassing TRON’s TRX. ADA’s next challenge is Dogecoin at 8th place, a few steps away from striking distance with a market cap of $29.4 billion.
ADA’s recent upward trajectory was fueled by increased whale activity and heightened network usage. The Cardano network recorded 37,892 unique address transfers in the last 24 hours. Cardano also witnessed up to 700 transactions worth more than $100,000, displaying the network’s rising interest in the industry.
ADA’s price surge coincides with recent developments that the ecosystem has pushed. During the recent Cardano Summit held on October 24th in Dubai, the project detailed a standout development plan involving the Liechtenstein-based exchange LCX’s expansion plan to support Cardano native tokens.
The Cardano team at the Summit also announced BitcoinOS’s Grail Bridge, which would allow Bitcoin users to capitalize on Cardano’s smart contract functionality and scalability. However, the development stirred controversies in the crypto community despite many viewing the project as an interoperability solution. Podcaster Peter McCormack called the project a scam.
Another notable announcement details that USDM, a native stablecoin of the Cardano ecosystem, recently became the second stablecoin to gain approval under the EU’s MiCA framework after Circle’s stablecoin USDC.