Cardano

Read

<p class="is-style-lead">Cardano continues to report growth this week, currently sitting at number 6 for top gainers in today’s CoinMarketCap report.</p> 
<p>Santiment shows that the surge that has occurred this week comes alongside Cardano address activity and whale transactions being at the highest they have been in more than three months.</p> 
<p> You might also like: <a href="https://crypto.news/cardano-price-still-in-red-despite-sharks-and-whales-actions/"> Cardano price still in red despite sharks and whales actions </a> </p> 
<h2 class="wp-block-heading" id="double-digit-growth">Double digit growth</h2> 
<p>The&nbsp;<a href="https://twitter.com/santimentfeed/status/1720160495762915827" target="_blank" rel="noreferrer noopener">Nov. 2 post on X from Santiment</a>, the behavior analytics platform for cryptocurrencies, Cardano, was reported to have grown 9% on Nov. 2 and 4.24% on Nov. 3, totalling 36% over the previous two weeks.</p> 
<figure class="wp-block-image size-large">
 <img decoding="async" loading="lazy" width="1024" height="418" src="https://crypto.news/app/uploads/2023/11/Screen-Shot-2023-11-03-at-8.55.55-AM-1024x418.png" alt="Cardano grows 36% in the past two weeks, 6th in gainers - 21" class="wp-image-14212023">
 <figcaption class="wp-element-caption">
  Top Crypto Gainers and Losers Today | Source: <a href="https://coinmarketcap.com/gainers-losers/" data-type="link" data-id="https://coinmarketcap.com/gainers-losers/" target="_blank" rel="noopener">CoinMarketCap</a>
 </figcaption>
</figure> 
<p>At the same time, Cardano address activity has grown 23% in the past three weeks, reflecting growth in the platform’s usage and adoption, while whale activity has grown 32% in the same time period.</p> 
<p>CoinMarketCap reports that Cardano currently sits at $0.3208 at the time of writing.&nbsp;</p> 
<h2 class="wp-block-heading" id="a-partner-chain-announcement">A partner chain announcement</h2> 
<p>Growth comes at the same time as <a href="https://iohk.io/en/blog/posts/2023/11/03/partner-chains-are-coming-to-cardano/" target="_blank" rel="noopener">the announcement</a> from the Cardano Summit 2023, in which the founder &amp; CEO shares a new framework that will allow developers to build their own partner chains.</p> 
<p> Read more: <a href="https://crypto.news/charles-hoskinson-says-sec-will-not-charge-cardano/"> Charles Hoskinson says SEC will not charge Cardano </a> </p>

Cardano grows 36% in the past two weeks, 6th in gainers

Table of Contents

crypto.news

Other articles published on Nov 3, 2023

42,000 Bitcoin and 220,000 Ethereum Options Expire Today! What Does It Mean for BTC and ETH?

FTX Token Plummets Following SBF’s Conviction Amidst Hope for Reboot!

Cardano Summit 2023: A Chat With SingulariyNET, Staking Announcement

Newly-released audio of Sam Bankman-Fried reflecting on life in prison emerges on social media

Prison plot to move $54M ether to Bahamas ends in seizure

Bitcoin Can Lose 50% Or Gain 200% During Volatility: Strategist

Join our free newsletter for daily crypto updates!