Cardano Leads Large-Cap Gains, Outpacing Bitcoin And XRP, But Can It Keep Up? ⋆ ZyCrypto
The post Cardano Leads Large-Cap Gains, Outpacing Bitcoin And XRP, But Can It Keep Up? ⋆ ZyCrypto appeared on BitcoinEthereumNews.com.
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  Cardano (ADA) continued to trade sideways on Saturday following a turbulent week during which widespread selling pressured major cryptocurrencies. Notably, over the past week, the cryptocurrency surged nearly 7%, outpacing many major cryptocurrencies. However, ADA’s relative strength has caught the attention of traders and analysts, positioning it as one of the standout performers in the current market cycle. Meanwhile, according to popular analytics firm Santiment, their 30-day MVRV (Market Value to Realized Value) analysis places Cardano in a “mildly overvalued” zone, reflecting its 6.8% gains over the past month. “Ethereum ETH: -5.5%, Bitcoin BTC: -1.4%, and XRP: -0.1%,” the firm noted.“ Notably, MVRV provides an objective framework for assessing when assets are trading above or below fair value. Advertisement
  “Investors are advised to exercise caution when coins enter overvalued territory, as these levels can signal a higher likelihood of short-term corrections.” The firm emphasized. Additionally, analyst Cardanians (CRDN) reported that ADA recently surpassed $0.31, rising 19.25% in 24 hours and ranking as the sixth-largest gainer among all cryptocurrencies. This rapid spike highlights renewed interest in the token and suggests momentum is building even amid overall market volatility. Furthermore, analyst Angry Crypto Show highlighted that key Cardano whales and sharks have been quietly accumulating the asset over the past six months. Wallets holding between 100,000 and 100 million ADA collectively added more than 819.4 million ADA, even as the price dropped from $0.90 to $0.26. Such accumulation patterns often indicate long-term confidence from major investors, providing a foundation for sustained price support. Elsewhere, analyst Altcoinpedia noted that ADA is trading near $0.27, with the ecosystem entering a new phase defined by enhanced interoperability and steady development progress. Cross-chain connectivity improvements are opening pathways for assets and applications to interact across multiple blockchain networks, increasing potential…
Filed under: News - @ February 28, 2026 7:24 pm