Cardano (ADA) Looks To Recover Momentum But Investors Are Drawn To These Viral Cryptos
The post Cardano (ADA) Looks To Recover Momentum But Investors Are Drawn To These Viral Cryptos appeared on BitcoinEthereumNews.com.
Cardano’s recent controversy dealt the ADA price a significant blow, but the coin looks to be on its way back up. Nevertheless, most investors are looking away from Cardano and towards viral coins like Remittix (RTX) and Hyperliquid (HYPE) for maximum crypto returns. These two next-generation crypto projects are expected to dominate their respective niches. Cardano open interest volume exceeds $900 million, ADA price surges In spite of regulatory challenges, allegations of wrongdoings, and price volatility, institutional interest in Cardano is still on the rise. Cardano futures open interest just exceeded $920 million, which signifies strong activity on exchanges. Distribution of ADA futures on exchanges. Source: CoinGlass Cardano’s trading volume is also on the rise, surpassing $1 billion in recent days. These signals have increased confidence in Cardano, making ADA a safe bet for investors. Experts are predicting the ADA price to surge to $0.9 in the near future, with the possibility of crossing the $1 landmark as well. But this surge isn’t enough to prevent ADA holders from seeking greener pastures. Hyperliquid continues bullish momentum, jumps 87% in 30 days Launched barely a year ago, Hyperliquid has quickly gained traction to rank in the top 20 coins by valuation. It boasts a market cap of $11 billion, thanks to its high-performance L1 blockchain that has DeFi practitioners flocking to it. Having appreciated handsomely in late 2024, HYPE went through a period of price corrections but is back on the horse now. The coin is up by 87% in the last month, overshadowing Cardano, Ripple (XRP), and several other crypto bigwigs in terms of price appreciation. HYPE’s rounded bottom pattern. Source: CryptoLS on CoinMarketCap Hyperliquid is currently showing a rounded bottom pattern, which is a bullish reversal structure. It signals the end of a downtrend and the beginning of a…
Filed under: News - @ May 26, 2025 7:21 pm