Cardano Active Addresses Jump 14% as CME 24/7 Launch Absorbs Summit Defeat

ADA

ADA/USDT

$0.2296

+12.55%

$0.2296

+12.55%

(24s)

24h Volume

$712,909,397.78

24h H/L

$0.2333 / $0.2028

Change: $0.0305 (15.04%)

Long/Short

71.0%

Long: 71.0%Short: 29.0%

Funding Rate

+0.0069%

Longs pay

Data provided by COINOTAG DATALive data

Cardano

Daily

$0.2299

▲ 0.35%

Volume (24h): -

Resistance Levels

Resistance 3$0.2559

Resistance 2$0.2411

Resistance 1$0.2315

Price$0.2299

Support 1$0.2291

Support 2$0.2214

Support 3$0.2077

Pivot (PP):$0.2203

Trend:Uptrend

RSI (14):77.1

BeInCrypto Editorial

(09:33 AM UTC)

1 min read

Verified byDavid Kim

0 comments

Cardano (ADA) price stayed under pressure through late May, down 10%, yet its largest wallets kept buying and daily network use climbed. It is a split that cuts against the week’s bearish summit headlines.

The reason the selling never deepened sits in the timing. A bearish governance vote and a structural CME upgrade landed on the same day, and the on-chain data shows which one set the tone.