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<p>For many months, XRP was considered the most frustrating altcoin to own in this bull run. However, the narrative has shifted significantly in recent weeks.</p>
<p>XRP’s price surged to over $0.6 as investors eagerly await updates on <a href="https://captainaltcoin.com/big-day-for-ripple-vs-sec-case-as-analyst-predicts-explosive-move-for-xrp-price/" target="_blank" rel="noopener noreferrer nofollow">the Ripple vs SEC case.</a></p>
<p>Just a few weeks ago, ADA and <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a> were trading neck and neck in the $0.4-$0.5 range.</p>
<p>Today, the ADA price has dipped below $0.4. So, what’s really going on with <a class="wpil_keyword_link" href="https://captainaltcoin.com/cardano-ada-price-prediction/" title="Cardano" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">Cardano</a>?</p>
<h2 class="wp-block-heading" id="anticipation-builds-for-cardano-upgrades">Anticipation Builds for Cardano Upgrades</h2>
<p>Influencer Aleksandra Huk, boasting over 200k followers on X, tweeted that Cardano is gearing up for major upgrades. The Chang hard fork is slated for the end of this month.</p>
<p>She boldly predicts that “ADA will be on fire”.</p>
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   <p lang="en" dir="ltr">Cardano is preparing for one of its most significant upgrades. The Chang hard fork is scheduled to take place at the end of July. <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a> will be on fire! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Aleksandra Huk (@HukAleksandra) <a href="https://twitter.com/HukAleksandra/status/1813123080694223010?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 16, 2024</a>
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<p>However, we’ve yet to see that fire ignite. In fact, <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="noopener noreferrer nofollow">the ADA price</a> has taken a hit, dropping over 11% this week.</p>
<p>Despite the price dip, some analysts remain bullish on Cardano’s prospects. Analyst “Lucid”, with nearly 40k followers, announced today that he’s increased his ADA holdings.</p>
<p>He emphasized Cardano’s technological strengths, stating, “Cardano has the highest MAV in all of crypto and is by far the most secure! Now it’s scaling! Cardano scaling will increase TPS by 100x while maintaining the largest MAV in the industry!”</p>
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   <p lang="en" dir="ltr">I just Bought more <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a>!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4e3.png" alt="📣" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Fading Cardano is Not a Risk I am willing to take! Cardano has the Highest MAV in all of Crypto &amp; is by far the Most Secure! Now it is Scaling!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26f9-fe0f-200d-2642-fe0f.png" alt="⛹️‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Cardano Scaling will increase TPS by 100x while maintaining the Largest MAV in the Industry!<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f3cb-fe0f-200d-2642-fe0f.png" alt="🏋️‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a> <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f451.png" alt="👑" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Lucid (@LucidCiC) <a href="https://twitter.com/LucidCiC/status/1816126169156313274?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 24, 2024</a>
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<p>Adding to the excitement, speculation is brewing on Twitter about potential<a href="https://coinpedia.org/news/cardano-etf-hype-heats-up-could-ada-hit-3-10-again/" target="_blank" rel="noopener noreferrer nofollow"> ADA ETFs</a>. TapTools even tweeted about this possibility, further fueling the conversation around Cardano’s future.</p>
<p>While the current price action may not reflect it, there’s a palpable sense of optimism surrounding Cardano’s technological advancements and potential market developments. As with all cryptocurrencies, time will tell whether these positive sentiments translate into price appreciation for ADA holders.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/bitcoin-plunges-past-65k-analyst-maps-key-buy-zones-and-bullish-indicators/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Plunges Past $65K: Analyst Maps Key Buy Zones and Bullish Indicators</a></strong></em></p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/despite-slow-ada-price-action-cardano-holders-remain-positive-heres-why/" rel="noopener noreferrer nofollow">Despite Slow ADA Price Action, Cardano Holders Remain Positive – Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Despite Slow ADA Price Action, Cardano Holders Remain Positive – Here’s Why

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CaptainAltcoin

Інші статті, опубліковані 25 лип. 2024 р.

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