Cardano
Why Cardano is up 1.2% in the last hour
Analysis
Cardano (ADA) rose about 1.2% over the past hour, likely supported by attention around Cardano “getting USDCx,” which can be interpreted as a positive ecosystem/liquidity development. AMBCrypto noted this alongside Solana’s PayPal-related news and discussed why both SOL and ADA were otherwise relatively flat, suggesting the move may be modest because the market has not strongly repriced the headline yet.
Contributing Factors (1)
Solana lands PayPal, Cardano gets USDCx – But why are SOL and ADA flat?
Traders want visible results before coming in with faith.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.