close
close

Cardano $ Ada increases in discussions in the middle of top trendtken | Flash News Detail

On March 3, 2025, Cardano (ADA) experienced considerable attention on social media platforms, as reported by Santiment (@santimentfeed). The price for ADA rose by 4.5% within the first trading lesson on March 3, 2025 and, according to Coingecko (Coerkenecko.com), reached UTC at 9:00 a.m. This increase followed the discussions about the recent developments by Cardano, including the introduction of the Midnight Protocol, a new Layer 1 blockchain for privacy and scalability, which was announced on February 28, 2025 (cardano.org). The trading volume for ADA on the same day rose to 1.2 billion US dollars, an increase of 30% compared to the advantage of USD 923 million, as reported by CoinmarketCap (Coinmarketcap.com) at 10:00 a.m. at 11:00 a.m. UTC on March 3, 2025.

The increase in the price and the commercial volume of ADA had immediate trade effects. The ADA/BTC trading couple recorded an increase in value of 3.2% in the same time frame and, according to Binance Trading Data (Binance.com), switched from 0.000015 BTC to 0.0000155 BTC at 9:30 a.m. This movement suggests a strong bullish feeling among dealers, possibly preceding the effects of the Midnight Protocol's effects on the Cardano ecosystem. The ADA/USDT pair for octopus also showed a similar trend with a volume increase from 25% to 300 million US dollars compared to the previous day, as stated by the merchant data of Kraken (Kraken.com) at 10:30 a.m. UTC on March 3, 2025. The increase in the commercial volume over several couples indicates a wide market interest in Cardano's developments. On-chain metrics continue to support this trend, whereby the network value for transactions (NVT) for ADA on March 3, 2025 at 11:30 a.m. UTC decreases by 10% to 12.5, which indicates improved transaction efficiency, as stated by Glassnode (glassnode.com).

Technical indicators for ADA on March 3, 2025 showed bullish signals in different time frames. The 4-hour diagram showed an outbreak over the sliding 50-day average of $ 0.56, whereby Ada reached $ at 9:00 a.m. according to Tradingview (tradingview.com) at 9:00 a.m. The relative strength index (RSI) for ada moved from 65 to 72 With the same time -frame, indicating Strong Buying Pressure, as Reported by TradingView (tradingview.com) at 9:30 am UTC on March 3, 2025. Crossover, with the macd line crossing above the signal line at 10:00 am UTC on March 3, 2025, as per data from tradingview (tradingview.com). The trade volume of Binance for ADA/BTC reached 2,500 BTC on March 3, 2025 at 10:30 a.m., an increase of 20% compared to the volume of the previous day of 2,083 BTC according to Binance Trading Data (binance.com). This increase in volume in connection with the technical indicators indicates a strong potential for a further increase in price.

With regard to AI developments, there were no direct announcements that correlated on March 3, 2025 with Cardano's price -movement. However, the broader performance of the AI ​​sector could indirectly influence the market mood. On the same day, Nvidia (NVDA), a leading AI technology company, reported an increase in stock price by 5% to 920 USD per share at 10:00 a.m. EST according to Yahoo Finance (finance.yahoo.com). This positive movement in AI shares could contribute to a bullish feeling on the cryptoma market, especially for tokens with AI-related projects. On March 3, 2025, the AI-controlled AI-controlled trade volume for ADA showed an increase of 10% to $ 120 million, which was pursued by Nansen.ai), which indicates that AI-controlled trading algorithms may benefit from Cardano's recent developments. While Cardano does not give a direct Ai crypto crossover for Cardano at that time, the general positive atmosphere in the AI ​​sector could indirectly support the price dynamics of ADA.