Cardano ADA News: Volatility Challenges ADA’s Ability to Hold Above $1
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Cardano’s Volatility: Holding $1 Proves Difficult for ADA
Cardano (ADA) has shown significant volatility recently, struggling to maintain its price above the $1 mark. After a surge to $1.13 due to heightened whale activity and a historic 72.15% rally in a single day, the price dipped back down to around $0.94. This volatility raises questions aboutADA’s ability to sustain its value above $1. The surge was triggered by 2,645 transactions exceeding $100K, an all-time high over the last three months. However, as quickly as ADA reached those levels, it began to decline.
Cardano Price Prediction: Can It Keep Up with Faster and More Scalable Rivals?
Investors often ask if Cardano (ADA) can stay competitive as blockchain technology evolves. With the rise of high-performance networks like Dawgz AI, designed for speed, efficiency, and scalability, the pressure is mounting on older chains. While Cardano boasts strong fundamentals, its slow upgrade process has raised concerns. Understanding its potential against more agile rivals is key to making a Cardano price prediction for 2025 and 2030. The future of Cardano hinges on its ability to scale and compete with faster, more adaptable blockchains.
Crypto News: Cardano’s Hoskinson Snubbed for White House Crypto Summit, Ripple CEO on the List
Anticipation is growing in the crypto world ahead of the White House Crypto Summit set for Friday, March 7, 2025. This first-of-its-kind event is expected to play a crucial role in the future of U.S. crypto policy, possibly launching a U.S. strategic crypto reserve. Several key figures in the industry, including members of former President Donald Trump’s crypto task force, are expected to attend. However, as the guest list has started to take shape, one notable name is missing: Cardano co-founder Charles Hoskinson. According to Unchained, a White House source confirmed that Hoskinson was not invited to the summit, nor has Cardano been involved.
Cardano Founder Excluded from White House Crypto Summit Despite ADA Inclusion
Cardano co-founder Charles Hoskinson has been excluded from Friday’s White House crypto summit, despite the fact that ADA, the cryptocurrency of Cardano, is included in President Donald Trump’s proposed crypto reserve. A White House source stated that those not involved in influencing policy were not invited to the summit. This revelation comes days after President Trump announced that his proposed crypto reserve will include ADA, along with XRP and SOL, in an effort to make the U.S. the Crypto Capital of the World.
