Cardano Open Interest At ATH Levels: Keep An Eye On These 3 Targets
Cardano has mostly flown under the radar recently, despite being one of the best-performing large-cap altcoins over the last year. Just like the ADA price, the Cardano open interest has also stealthily been on the rise and has even reached all-time high levels amid all the ruckus. Even with the market correction, the open interest […]
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In the past few days, Cardano (ADA) has showcased notable bullish action even while many other cryptocurrency assets faced bearish pressure and had their rallies cut short. Following its upward performance, several metrics of Cardano are starting to turn bullish and reaching levels not seen in a long time. Explosive Growth In Cardano Futures Open […]
Charles Hoskinson says Cardano is now on a defined, accelerated path to its most ambitious performance leap yet. In an August 31 AMA, the Cardano founder highlighted an open-for-review Cardano Improvement Proposal (CIP) for Leios—a staged implementation plan that, in its first iteration, targets a 30× to 65× throughput increase while preserving Cardano’s determinism and […]
Quick Facts: ➡️ Cardano’s ~6% open interest rise, $0.50 retest target, and ongoing upgrades show leveraged traders aligning with long‑term fundamental growth. ➡️ Network upgrades and scalability changes continue to build the case for Cardano as a long‑term smart contract platform. ➡️ Together, Bitcoin Hyper, Best Wallet Token, and Cardano offer a mix of early‑stage […]
The last two months have seen a major reset in the XRP open interest, coinciding with the widespread sell-offs that have rocked the market. Looking at past performances, historical data suggests that this open interest reset could be a major break for the altcoin. As prices begin to see some recovery, the reset could present the perfect opportunity for bulls to reclaim complete control of the XRP price and drive it toward higher levels. How Far Has The XRP Open Interest Crashed? To know the scale of this reset, it is important to look at the XRP open interest numbers over the last few....
The open interest for AVAX has been on a consistent rise over the last month, carrying the price of the altcoin along with it. The result of this continuous climb is the fact that the open interest has now surged to May 2022 levels, a development that could spell a massive rally for the price. AVAX Open Interest Surge To $224 Million According to data from Coinglass, the AVAX open interest has now climbed to $224 million. The website shows that there was an over 10% increase in the open interest in a 24-hour period which brought the total open interest above 10.04 million AVAX. Related....