In anticipation of an inevitable breakout, Cardano (ADA) whales have been on a buying spree in the recent past, thus increasing the number of large transactions recorded on the blockchain.
The mid-cap altcoin is fast approaching the apex of the daily descending triangle that could lead to another bull rally in the near term amid the anticipated altcoin season.
Cardano (ADA) network, a fast-growing Ethereum-killer blockchain focused on scalable and secure smart contracts, has recorded notable on-chain growth in the recent past. The development of the Hydra Head protocol, a layer-two scalability solution for the Cardano network, and the Mithril protocol which is currently undertaking the mainnet beta launch, has significantly helped the ecosystem compete with other layer-one blockchains like Solana (SOL), and BSC.
According to market data provided by defillama, the Cardano network has a Total Value Locked (TVL) of about 677.2 million ADA, which is worth about $341 million at the curre
Crypto Exchange Tarmex Announces Listing of BABYDOGE and BONE
Token deposits for trading on the platform may begin on May 16 at 08:00 UTC, 2023. There have…