Cardano (ADA), the 10th-largest cryptocurrency by market capitalization, may appear stagnant in price, but on-chain and trading activity suggests otherwise. Over the past 24 hours, ADA recorded over $500 million in trading volume, marking a 13% increase, according to CoinMarketCap. Despite minimal price movement, this volume reflects active market engagement. At the time of writing, ADA was trading at $0.669, showing a marginal increase of 0.24% in the last hour and 0.38% over 24 hours, though it is down 0.19% for the week. ADA remains in a consolidation phase below its key moving averages,… Read more
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