Cardano’s (ADA) price falls more than 7% on Thursday. ADA could expect an upside of 35% from the current levels. RSI remains in an oversold zone warning against aggressive bids. The global crypto market wiped out nearly 10% of its value amid the ongoing truce between Russia and Ukraine.
As per the CoinMarketCap, the 24-hour trading volume of the eight largest cryptocurrencies by market cap is being held at $3,152,200,460 with 92% gains.
In a recent update, Cardano Blockchain Insights reported wallets for Cardano’s native currency ADA surpassed the $3 million mark. As per the Electric Capital research report, Cardano nearly doubled its developer base in 2021.
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