Cardano (ADA) is among the top 10 tokens among the 2,000 BSC (Binance Smart Chain) whales in the last 24 hours . SOD, EUT,BAKE, FWT and UNI are also in the top 10, according to WhaleStats.
Cardano (ADA) is a third-generation Proof-of-Stake (PoS) decentralized blockchain platform that is more efficient than Proof-of-work, especially with respect to energy consumption.
Cardano’s prospects are growing as the team is constantly improving and upgrading the network despite tough times for the crypto market. The most anticipated update is the Vasil hard fork. Cardano Vasil update was recently launched on the test network ADA.
The ADA Pay plugin was also launched not too long ago, and ADA payments are now available to more than 7 million users. The paid plugin is on Odoo, an open source solution for business applications with multiple users.
Additional ADA Pay plugin team created for 8 merchant platforms such as WordPress, Joomla, WooCommerce.
Cardano is the 8th largest cryptocurrency by market capitalization, according to CoinMarketCap. The cryptocurrency’s current market capitalization is about $14.8 billion.
Total trading volume was about $890,364,178 .
The value of the cryptocurrency rose by 5.2% over the past 24 hours and stands at $0.4396 . At the same time, the price of ADA lost about 4.8% in the last week.
By TradingView
Some analysts believe that by September of this year, the price of Cardano may rise to 2.9 dollars, so interest in the currency is likely to increase.
The number of smart contracts deployed in the Cardano network has almost reached 3,000.
Support levels for ADA/USDT: $0.3877, $0.3731.
Resistance levels for ADA/USDT: $0.4529, $0.4675, $0.4928.
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