Cardano

United

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/36261.jpg" alt="Cover Image" width="800"
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        </figure><p>The digital currency ecosystem is seeing a return to its winning ways after the combined crypto market cap tapped 3.55% growth to top $1.08 trillion. Amid this growth, Cardano has joined the ongoing uptrend <a href="https://coinmarketcap.com/currencies/cardano/">soaring</a> by 3.51% to $0.2698. With the brewing Cardano growth momentum, the digital currency has pared the losses it has accrued over the past week and is up by more than 10% over the trailing seven-day period.</p><img alt="Cardano Daily Chart" data-entity-type="file" data-entity-uuid="06fbc364-886e-4c90-a0f9-7045fdbc6778" src="https://u.today/sites/default/files/inline-images/ADA_1D_graph_coinmarketcap%20%281%29.jpeg" />ADA/USD 1D Chart. Source: <a href="https://coinmarketcap.com/currencies/cardano/">CoinMarketCap</a><h2 id="encompassing-growth-tick">Encompassing growth tick</h2><p>The growth of Cardano is one that is encompassing as several key metrics are currently positive. The digital currency's trading volume soared as high as 11.31% to more than $215 million in the past 24 hours.</p><p>While the trading volume gives an indication of the fact that retail buyers are quite active in the protocol in the short term, data from IntoTheBlock <a href="https://app.intotheblock.com/coin/ADA/deep-dive?group=ownership&amp;chart=holdingsDistribution">showed</a> that total holders' balance recorded a slight uptick of 0.71% to $9.48 billion at the time of writing.</p><p>The Cardano protocol is growing with deep evidence available to show for it. As contained in its weekly update, the proof-of-stake (PoS) blockchain protocol recorded a total of 130 projects launching on Cardano for the week with total transactions coming in at 69.1 million.</p><p><a href="https://u.today/cardanos-decentralization-milestones-unveiled-amid-secs-pursuit-of-ada">card</a></p><p>The growth of the protocol has been encompassing, and the reflection is shown in the current price action.</p><h2 id="end-to-securities-woes">End to securities woes?</h2><p>Earlier this month, the United States Securities and Exchange Commission (SEC) <a href="https://u.today/cardano-ada-alleged-as-security-again-as-sec-now-sues-coinbase">tagged</a> Cardano alongside other digital currencies as unregistered securities, a designation that has greatly impacted the price of the digital currency and its liquidity.</p><p>With Robinhood, eToro and Bakkt <a href="https://u.today/cardano-ada-solana-sol-and-polygon-matic-to-be-removed-from-bakkt-heres-why">delisting</a> the digital currency following the SEC crackdown, the price growth shows the community is rising above the situation, but the impact of the securities woes may still be evident.</p>

Cardano (ADA) Ticks Green on Key Growth Metrics, What's Next?

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Cardano (ADA) Ticks Green on Key Growth Metrics, What&#039;s Next?