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Cardano (ADA) Soars Past $0.64 Milestone as Staking Addresses Smash 1.3 Million Record

Cardano (ADA) Soars Past $0.64 Milestone as Staking Addresses Smash 1.3 Million Record

Author:
CoindeskEN
Published:
2025-06-16 12:16:27
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Cardano (ADA) Breaks Above $0.64 as Staking Addresses Top 1.3 Million

Cardano''s ADA isn''t just climbing—it''s bulldozing through resistance levels. The crypto just punched above $0.64 while its staking ecosystem swells to over 1.3 million addresses. Proof that some investors still prefer actual utility over meme-driven hype.

Why staking matters: While other chains play musical chairs with vaporware, Cardano''s stacking those addresses like a poker player hoarding chips. The network now boasts a small country''s worth of participants locking up ADA—making it one of the most decentralized proof-of-stake plays in crypto.

The cynical take: Wall Street''s still calling it a ''ghost chain'' while quietly accumulating positions. Classic hedge fund move—talk down your entry point, then ride the retail wave. Meanwhile, ADA holders keep stacking those staking rewards like clockwork.

|Square

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