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MainNewsCardano Attr...

Cardano Attracts Record Institutional Inflows, Beating Bitcoin, Ether, Solana


Apr, 21, 2025
2 min read
by Newton Gitonga
for ZyCrypto

ADA Shows Strong Whale Activity Amid Cardano Becoming the Face of Argentina's First Legitimate Smart Contract

In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks.

According to a report by crypto analytics firm CoinShares, Cardano recorded $63.3 million in month-to-date inflows as of March 29, 2025, positioning it as the top-performing cryptocurrency asset for institutional investors. This achievement is particularly notable given the broader market context, where total crypto outflows reached $2.2 billion during the same period.

The surge represents a remarkable 500% increase in weekly inflows for Cardano, jumping from $0.1 million to $0.6 million in late March. 

This growth stands in stark contrast to Bitcoin, which, despite pulling in $195 million in weekly inflows, suffered $826 million in monthly outflows. Similarly, Ethereum experienced $370 million in outflows for the month.

Solana showed positive performance with $26.9 million in inflows, but still fell significantly short of Cardano’s figures. The broader altcoin market received $33 million in inflows after four consecutive weeks of outflows totaling $1.7 billion, suggesting a potential shift in market sentiment.

Market analysts attribute part of Cardano’s sudden popularity to increased visibility following President Trump’s March 2nd announcement regarding a U.S. Strategic Crypto Reserve, which initially included ADA alongside XRP and SOL. Though the administration later revised its approach to split the reserve into separate Bitcoin and altcoin funds, the initial mention appears to have sparked sustained investor interest in Cardano.

The growing institutional confidence in Cardano is further reflected in futures markets, with ADA’s open interest climbing to $702 million, representing a 10% increase year-to-date, according to Coinglass reports.

Further highlighting ADA’s momentum, Grayscale’s Top 10 Crypto Assets snapshot showed Cardano posting a 40.4% return over a single week as of March 6, 2025, outperforming all other listed assets.

That said, despite this institutional enthusiasm, Cardano’s price action has remained volatile. At press time, ADA is trading at approximately $0.58, having recovered 7.21 % in the last 24 hours after a brutal weekend. Trading volume has equally increased by 55.25% to $1.83 billion over the same period.

Technical analysts note that $0.55 represents a key psychological support level for ADA. On the upside, bulls are targeting $0.83 as a key resistance level.

“ADA Critical Levels of support are $0.58 & $0.50. Above those levels, I look higher. Price needs to reclaim $0.83 in the short term to provide intentions.” Analyst Mr Brownstone noted, citing the Elliott Wave pattern.

That said, as institutional investors continue rebalancing their portfolios amid uncertain economic conditions, Cardano’s ability to attract capital despite broader market outflows signals growing confidence in its long-term prospects and technological fundamentals.

Read the article at ZyCrypto

Read More

Institutional Investors Sold Bitcoin and Ethereum But Did Not Give Up on This Altcoin!

Institutional Investors Sold Bitcoin and Ethereum But Did Not Give Up on This Altcoin!

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Apr, 22, 2025
by Bitcoin Sistemi
Latin Americans Buy This Altcoin the Most After Bitcoin! It Surpassed Ethereum and Solana!

Latin Americans Buy This Altcoin the Most After Bitcoin! It Surpassed Ethereum and Solana!

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Apr, 21, 2025
by Bitcoin Sistemi
MainNewsCardano Attr...

Cardano Attracts Record Institutional Inflows, Beating Bitcoin, Ether, Solana


Apr, 21, 2025
2 min read
by Newton Gitonga
for ZyCrypto

ADA Shows Strong Whale Activity Amid Cardano Becoming the Face of Argentina's First Legitimate Smart Contract

In a notable reversal of market trends, Cardano (ADA) has emerged as the frontrunner for institutional investment in the cryptocurrency space, outpacing industry giants Bitcoin, Ethereum, and Solana in recent weeks.

According to a report by crypto analytics firm CoinShares, Cardano recorded $63.3 million in month-to-date inflows as of March 29, 2025, positioning it as the top-performing cryptocurrency asset for institutional investors. This achievement is particularly notable given the broader market context, where total crypto outflows reached $2.2 billion during the same period.

The surge represents a remarkable 500% increase in weekly inflows for Cardano, jumping from $0.1 million to $0.6 million in late March. 

This growth stands in stark contrast to Bitcoin, which, despite pulling in $195 million in weekly inflows, suffered $826 million in monthly outflows. Similarly, Ethereum experienced $370 million in outflows for the month.

Solana showed positive performance with $26.9 million in inflows, but still fell significantly short of Cardano’s figures. The broader altcoin market received $33 million in inflows after four consecutive weeks of outflows totaling $1.7 billion, suggesting a potential shift in market sentiment.

Market analysts attribute part of Cardano’s sudden popularity to increased visibility following President Trump’s March 2nd announcement regarding a U.S. Strategic Crypto Reserve, which initially included ADA alongside XRP and SOL. Though the administration later revised its approach to split the reserve into separate Bitcoin and altcoin funds, the initial mention appears to have sparked sustained investor interest in Cardano.

The growing institutional confidence in Cardano is further reflected in futures markets, with ADA’s open interest climbing to $702 million, representing a 10% increase year-to-date, according to Coinglass reports.

Further highlighting ADA’s momentum, Grayscale’s Top 10 Crypto Assets snapshot showed Cardano posting a 40.4% return over a single week as of March 6, 2025, outperforming all other listed assets.

That said, despite this institutional enthusiasm, Cardano’s price action has remained volatile. At press time, ADA is trading at approximately $0.58, having recovered 7.21 % in the last 24 hours after a brutal weekend. Trading volume has equally increased by 55.25% to $1.83 billion over the same period.

Technical analysts note that $0.55 represents a key psychological support level for ADA. On the upside, bulls are targeting $0.83 as a key resistance level.

“ADA Critical Levels of support are $0.58 & $0.50. Above those levels, I look higher. Price needs to reclaim $0.83 in the short term to provide intentions.” Analyst Mr Brownstone noted, citing the Elliott Wave pattern.

That said, as institutional investors continue rebalancing their portfolios amid uncertain economic conditions, Cardano’s ability to attract capital despite broader market outflows signals growing confidence in its long-term prospects and technological fundamentals.

Read the article at ZyCrypto

Read More

Institutional Investors Sold Bitcoin and Ethereum But Did Not Give Up on This Altcoin!

Institutional Investors Sold Bitcoin and Ethereum But Did Not Give Up on This Altcoin!

According to the Coinshares report, there was an inflow of $6 million into Bitcoin, E...
Apr, 22, 2025
by Bitcoin Sistemi
Latin Americans Buy This Altcoin the Most After Bitcoin! It Surpassed Ethereum and Solana!

Latin Americans Buy This Altcoin the Most After Bitcoin! It Surpassed Ethereum and Solana!

XRP became the most purchased altcoin by Latin American residents, surpassing Ethereu...
Apr, 21, 2025
by Bitcoin Sistemi