{"id":143023,"date":"2024-11-23T16:00:28","date_gmt":"2024-11-23T14:00:28","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=143023"},"modified":"2024-11-23T15:59:15","modified_gmt":"2024-11-23T13:59:15","slug":"cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/","title":{"rendered":"Cardano Hits $1 for the First Time in Two Years, Signaling Strong Market Momentum"},"content":{"rendered":"<p>Currently trading at $1.09, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/cardano\/\">ADA<\/a> <\/strong>has surged by 23% in just 24 hours, with its trading volume spiking by 83% during the same period. This strong upward momentum suggests that the rally could continue as buying pressure intensifies.<\/p>\n<p>As ADA climbs past the $1 mark, many holders are seeing profits. According to the Global In\/Out of the Money indicator by IntoTheBlock, 71% of ADA holders, equating to 3.15 million addresses, are now &#8220;in the money,&#8221; meaning their holdings are worth more than the price at which they purchased them.<\/p>\n<p>However, about 16% of ADA holders, or 715,230 addresses, are &#8220;out of the money&#8221; and would incur losses if they sold at the current price, as they acquired their tokens when ADA was priced above $1.40.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/ex-goldman-sachs-exec-shares-positive-outlook-on-xrp-amid-legal-challenges\/\" title=\"Ex-Goldman Sachs Exec Shares Positive Outlook on XRP Amid Legal Challenges\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/coin_xrp-continues-drop-big-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ex-Goldman Sachs Exec Shares Positive Outlook on XRP Amid Legal Challenges<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Interestingly, the price rise has prompted long-term holders to start moving their assets. This shift is evident in the spike in ADA\u2019s age-consumed metric, which hit a monthly high of 86.91 billion on November 22, signaling a potential trend change.<\/p>\n<p>Long-term holders typically keep their coins stashed away, so when they do transfer or sell them, it often signals a shift in market dynamics. This activity, combined with rising trading volume and price momentum, could drive further upward movement, attracting new buyers into the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.<\/p>\n","protected":false},"author":7,"featured_media":39028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-143023","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cardano&#039;s ADA Surpasses $1, Fueling Profits and Potential for Further Gains<\/title>\n<meta name=\"description\" content=\"Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano&#039;s ADA Surpasses $1, Fueling Profits and Potential for Further Gains\" \/>\n<meta property=\"og:description\" content=\"Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/\" \/>\n<meta property=\"og:site_name\" content=\"Cryptodnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-23T14:00:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1446\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kosta Gushterov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kosta Gushterov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/\",\"url\":\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/\",\"name\":\"Cardano's ADA Surpasses $1, Fueling Profits and Potential for Further Gains\",\"isPartOf\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg\",\"datePublished\":\"2024-11-23T14:00:28+00:00\",\"author\":{\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\"},\"description\":\"Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/#primaryimage\",\"url\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg\",\"contentUrl\":\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg\",\"width\":1446,\"height\":750,\"caption\":\"cardano\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#website\",\"url\":\"https:\/\/cryptodnes.bg\/en\/\",\"name\":\"Cryptodnes EN\",\"description\":\"Crypto News, Bitcoin Analysis and More\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a\",\"name\":\"Kosta Gushterov\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g\",\"caption\":\"Kosta Gushterov\"},\"url\":\"https:\/\/cryptodnes.bg\/en\/author\/kosta-gushterov\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cardano's ADA Surpasses $1, Fueling Profits and Potential for Further Gains","description":"Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/","og_locale":"en_US","og_type":"article","og_title":"Cardano's ADA Surpasses $1, Fueling Profits and Potential for Further Gains","og_description":"Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.","og_url":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/","og_site_name":"Cryptodnes EN","article_published_time":"2024-11-23T14:00:28+00:00","og_image":[{"width":1446,"height":750,"url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg","type":"image\/jpeg"}],"author":"Kosta Gushterov","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Kosta Gushterov","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/","url":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/","name":"Cardano's ADA Surpasses $1, Fueling Profits and Potential for Further Gains","isPartOf":{"@id":"https:\/\/cryptodnes.bg\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/#primaryimage"},"image":{"@id":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/#primaryimage"},"thumbnailUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg","datePublished":"2024-11-23T14:00:28+00:00","author":{"@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a"},"description":"Cardano\u2019s native token, ADA, has broken a significant price barrier, reaching over $1 for the first time in two years.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/cardano-hits-1-for-the-first-time-in-two-years-signaling-strong-market-momentum\/#primaryimage","url":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg","contentUrl":"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cardano-15-1.jpg","width":1446,"height":750,"caption":"cardano"},{"@type":"WebSite","@id":"https:\/\/cryptodnes.bg\/en\/#website","url":"https:\/\/cryptodnes.bg\/en\/","name":"Cryptodnes EN","description":"Crypto News, Bitcoin Analysis and More","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptodnes.bg\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/f5770e36288515bca160ee4878e48d1a","name":"Kosta Gushterov","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptodnes.bg\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ffb619c90ceb226fc15531f787b1bc58?s=96&d=mm&r=g","caption":"Kosta Gushterov"},"url":"https:\/\/cryptodnes.bg\/en\/author\/kosta-gushterov\/"}]}},"modified_by":"C0323492922","_links":{"self":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/143023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/comments?post=143023"}],"version-history":[{"count":2,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/143023\/revisions"}],"predecessor-version":[{"id":143025,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/posts\/143023\/revisions\/143025"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media\/39028"}],"wp:attachment":[{"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/media?parent=143023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/categories?post=143023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptodnes.bg\/en\/wp-json\/wp\/v2\/tags?post=143023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}