Cardano (ADA) hind "täpselt seal, kus see peaks olema" potentsiaalse 190% läbimurde jaoks

The native token of the smart contract platform Cardano, $ADA, has been seeing its price drop recently, losing 19.2% of its value over the last 30-day period amid a wider cryptocurrency market slump. It is, however, “exactly where it should be” ahead of a potential breakout.

On the microblogging platform X (formerly known as Twitter), prominent cryptocurrency analyst Ali Martinez revealed last month that Cardano’s price performance “resembles the pattern observed from 2018 to 2021,” and noted that “should this fractal continue” ADA could keep on consolidating around $0.55 to $0.80 for now.

The cryptocurrency is at the time of writing trading t $0.58 per token. Martinez noted that this consolidation could last weeks and would be followed by a surge to the $1.7 mark, after which another period of consolidation would follow to “set the stage for a breakout to $5.”

In a recent post Martinez followed up, saying “nothing really changed for Cardano” as ADA is “exactly where it should be,” consolidating before breaking out to the $1.7 mark.

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Cardano, as reported, has been seeing its smart contract development skyrocket. Data from Cardano Blockchain Insights shows a remarkable increase of over 170% in Plutus scripts, the network’s language for building smart contracts, since the beginning of the year.

Plutus on loodud turvalisusele ja usaldusväärsusele keskendudes, tuginedes funktsionaalse programmeerimise põhimõtetele. Plutus V2 pakub aga arendajatele lisafunktsioone ja eeliseid, mis hõlmavad väiksemaid tehingute mahtu ja kulusid ning paindlikumat ja skaleeritavamat raamistikku rakenduste loomiseks.

Cardano kasv ulatub kaugemale nutikatest lepingutest, nagu võrk on näinud a kasutajate aktiivsuse märkimisväärne tõus viimase 30 päeva jooksul, kusjuures aktiivsete rahakotiaadresside arv jõudis ühe aasta tipptasemele üle 600,000 40 pärast peaaegu XNUMX% kasvu samal perioodil.

Esiletõstetud pilt Unsplash.

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• Allikas: https://www.cryptoglobe.com/latest/2024/04/cardano-ada-price-exactly-where-it-should-be-for-potential-190-breakout/