Cardano
Why Cardano is up 11.9% today
Analysis
Cardano (ADA) rose 11.9% over the past 24 hours, likely boosted by market optimism after reports that CME is set to support Cardano alongside Chainlink and Stellar. The prospect of expanded CME-related support can be interpreted as improved institutional visibility and infrastructure for ADA, helping drive near-term buying interest.
Contributing Factors (1)
CME to support Cardano, Chainlink, and Stellar – Potential impact on altcoins?Â
ADA whales scaled up accumulation while LINK holders weren't selling aggressively
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.