Cardano (ADA) has surpassed the $1 mark again, driven by positive sentiment in the cryptocurrency market. This surge in ADA's price is supported by an increase in Open Interest (OI), indicating confidence and sustained interest from investors. Binance is the leading exchange in terms of ADA Open Interest, followed by Bybit and Bitget. The price of ADA has experienced intense fluctuations, reaching a high of $1.116 and a low of $1.0616, but is currently trading at $1.06. Cardano is on track to potentially retest the $1.20 price level in January, and the community is optimistic about the blockchain's future developments proposed by its founder, Charles Hoskinson.
- Content Editor ( u.today )
- 2025-01-04
893.31 Million ADA in 24 Hours, Cardano Open Interest Back to Peak Levels