menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Investors ...
source image

TronWeekly

1d

read

341

img
dot

Image Credit: TronWeekly

Investors Pull Nearly $1B in Cardano, Just Like Before Its All-Time High

  • Nearly $1 billion worth of Cardano (ADA) tokens has been withdrawn from centralized exchanges since early 2025, reminiscent of movements before its all-time high in 2021.
  • The outflow trend suggests a shift towards long-term holding or accumulation, potentially leading to supply constraints on exchanges and fueling Cardano's next bull run.
  • Charles Hoskinson confirmed speculation about a potential DeFi collaboration with Litecoin, indicating a significant cross-chain partnership in the decentralized finance ecosystem.
  • Positive sentiment is also fueled by the increasing likelihood of a U.S. exchange-traded fund (ETF) approval for Cardano, with demand from institutional investors and Grayscale's filing further supporting ADA's growth potential.

Read Full Article

like

20 Likes

For uninterrupted reading, download the app