Ethereum‘Fame (ETH) Charles, co-founder Hoskinson developed by Cardano (ADA), He is having very active days. Cardano has now officially turned into a whale-flooded network after a short period of recession and keeping pace with the overall market.
for $0.40 The price of ADA, which has fallen by as much as 2, seems to have given the whales an opportunity. Whales have now reached the highest transaction level in 4 months with their transactions on the network. It can be seen that whales are buying from the bottom and this may be due to the expected hard fork.
In the data provided by Santiment, it was seen that the purchases 1 week ago increased approximately 3 times compared to the previous week. Declining to $0.40, ADA may have given both a support opportunity and a long-term opportunity to the whales. in total your $100,000 the number of transactions with a value above of 1,085 and it can be said that this is an important leap forward.
Hard Fork Period in Cardano
Santiment experts, on the other hand, emphasized that the unexpected increases in question are generally compatible and simultaneous with price movements.
Cardano price, on the other hand, dropped 3.9% in the last 24 hours to $0.56. ADA, in 14 days %27, in 30 days 38%, if in 1 year 72% lost value. The record before this loss was in the Cardano network. alonzo Came with expectation of hard fork. If the Cardano team is now Vassil He gave a date for the hard fork and the expectation for that date continues.