Cardano
Why Cardano is up 1.1% in the last hour
Analysis
Cardano (ADA) rose about 1.1% over the past hour alongside a reported spike in market activity, after U.Today noted ADA trading volume surged 55% and the token pushed back into the top 10 by market cap. Sentiment may also have been supported by developer-focused attention following Charles Hoskinson teasing a βrare updateβ related to a Cardano protocol upgrade, as reported by U.Today.
Contributing Factors (2)
Cardano Trading Volume Surges 55% as ADA Makes Top 10 Comeback: Details
Cardano jumps 55% in volume as crypto market's top 10 gets reshuffled.
Charles Hoskinson Teases Rare Update for Cardano
Charles Hoskinson asks for input from community for next Cardano update regarding Logan.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.