CandleFocus

$6 Billion Cardano (ADA) in 24 Hours: Here's What's Happening

Cardano (ADA) has seen $6 billion in large transaction volume in the last 24 hours, indicating whale activity and institutional participation. The cryptocurrency has experienced a rebound after reaching lows of $0.3 on Sept. 6, with the price reaching highs of $0.348. In addition, Intersect has released Cardano GovTool on the mainnet, a core governance tool that allows ADA holders to participate in decentralized decision-making and determine the future of the platform. In the first 96 hours of its launch, the Cardano GovTool saw significant community engagement. This release marks a significant milestone for the Cardano ecosystem.

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