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Cardano rising, Coinbase has started staking Cardano.
Staking Cardano one of the main offerings by OIO.
Thinking of selling some of my holding in OIO at current prices but retracted.
I think with recent development in Cardano and staking, can go much higher
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Just my opinion, please dyodd.
Staking Cardano one of the main offerings by OIO.
Thinking of selling some of my holding in OIO at current prices but retracted.
I think with recent development in Cardano and staking, can go much higher
.Just my opinion, please dyodd.
As at now ADA is trading at $1.06!!!
At $0.970915, ADA is up by 3% in the past 24 hours. It&rsquo s also up by 21% in the past week and by 4% in the last 30 days.
ADA&rsquo s indicators are highly encouraging right now. Since its RSI reached a nadir in early March, it has been ramping steadily upwards. The same goes for ADA&rsquo s 30-day average, which is rising nicely above its 200-day. This all suggest new longer term levels for ADA.
The altcoin is seeing above-average rises right now because Cardano has been developing rapidly over the past few months. The launch of smart contracts in September has been followed by Cardano&rsquo s ecosystem accumulating over 500 projects.
In parallel with this growth, Cardano is now posting a total value locked in, something that eluded it for a long time. From under $1 million at the start of January, this figure has now risen to $309 million. The launch of its DEX SundaeSwap, towards the end of January, is largely to thank for this growth.
And with Input Output Hong Kong continuing to develop Cardano, it&rsquo s set only to continue expanding in the coming months.