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18/07/25 18:07 UTC-04

Cardano Price Jumps 37%: Can ADA Climb Even Higher?

At the time of writing, the price of Cardano (ADA) is around $0.85 after a sharp 13% daily gain and more than 37% increase over the month.

Let’s take a closer look at what’s happening in the Cardano (ADA) market and what to expect from its price.

Age Consumed Indicates Holder Confidence

Holders are not moving old tokens despite ADA’s rapid price surge. Looking at the Age Consumed chart, the last major spike was in mid-June when investors moved over 130 billion coins. Since then, activity has remained low, with the latest figure around 250 million ADA.

See also: "Bitcoin Price Today: Modest Rise to $118K, but Altcoins Surge After New Bills Approved"

#Price Increase #STELLAR #Forecast

Editor: Pereyidenko Ihor
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