Cardano’s Coinbase listing helped push the open interest on its futures contracts above $1 billion, a signal that investors are seriously interested in ADA.
Cardano (ADA) has had an impressive start to the year as it broke through the psychological $1 barrier and made an all-time high at $1.50. The impressive 590% year-to-date gain took place as the network transformed into a multi-asset network, similar to Ethereum, and this could bode well for Cardano’s future.Cardano price at Binance, USDT. Source: TradingViewThe rally’s final leg seems to be related to the Coinbase Pro listing, announced on March 16, and this resulted in a renewed push to $1.47 on March 18.As Cardano’s price increased, so did its spot trading volume and on-chain transfers, which surpassed Litecoin (LTC). The increased interest from investors also caused Cardano’s futures contracts open interest to increase by five-fold in 2021.Cardano futures aggregate o
Źródło: https://cointelegraph.com/news/cardano-s-1b-futures-open-interest-shows-ada-is-a-serious-contender
