Cardano Founder: ADA Is Still a Top Crypto Despite Volatility

• Cardano’s price is $0.352889, with a market cap of $12.34 billion, despite a 41.97% drop in derivatives trading volume.
• Despite market volatility, 72% of Cardano holders have held their positions for over a year, showing strong long-term belief.
• Cardano’s RSI at 56.05 indicates a mild bullish trend, while the MACD hints at a potential crossover for a bullish reversal.

Cardano founder Charles Hoskinson took to X to reaffirm his belief in Cardano (ADA) as a top cryptocurrency. He highlighted its decentralized governance and upcoming roadmap developments as key strengths, even with current market volatility.

Price and Market Overview

Cardano’s price stands at $0.352889, with a 24-hour trading volume of $205.82 million. It increased 0.50% over the past day, bringing its total market cap to $12.34 billion. ADA has a circulating supply of 34.96 billion coins and a maximum supply of 45 billion.

However, the broader ADA market remains volatile. Deriv…

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