This Altcoin took over the agenda: won the most talked about coin title in 2 days

According to the data of centimeted during the weekend CARDANO (Island), the most talked about altcoin in social media and forums came and Ethereum (ETH) $2,517.22Huma Finance (Huma), Bitcoin $105,062.89 Cash (BCH), Chainlink $13.09 (LINK) and Monero (XMR) left behind his rivals. The increase in this speech volume is linked to a series of developments in the ecosystem, community debates and the fundamental changes in the field of decentralized finance (defi). In particular, Charles Hoskinson, the founder of Cardano, is the main source of increasing the popularity of Altcoin’s popularity.

Charles Hoskinson’s 100 million dollar plan

Cardano founder Charles HoskinsonThe $ 100 million Ada Coin exchange plan announced by the Crypto currency communities aroused a wide repercussion. This bold move significantly increased Altcoin’s visibility on social media. The debate focused on the long -term value of this plan of Hoskinson’s long -term value and possible effects on the strategic position of the defi ecosystem.

The plan created both excitement and question marks between investors and enthusiasts. Some see it as a sign that Cardano matured under liquidity management, while others approached cautiously about the potential effects on market dynamics. All these discussions strengthened the island’s place on the agenda.

Infrastructure and liquidity strengthening for Cardano Defi

Cardano ecosystem, Defi It is strengthened by providing more infrastructure support in its field and deepening liquidity. These developments aim to strengthen the competitive position of the network in the defi field. Increased infrastructure investments feed the interest of developers and users.

At the same time, there is a significant increase in activities in Cardano’s Stake Pools. The fact that the network continues its capacity to present competitive stake awards continues to be an important factor that encourages user participation. Low trading fees and advanced scalability make Cardano a attractive layer-1 infrastructure for developers and corporate users.

Technical Developments and Market Dynamics

Under Cardano Ecosystem NFT The introduction of new institutional level products for market places and real world business integrations increases the importance of the island. Progress in the adoption of smart contracts and increasing interest in island -based NFTs altcoinIt supports the perception that it is an ecosystem with active economic activity.

However, in terms of technique ADA COIN PRICE under pressure. Altcoin, 200 days recently Exponential moving averageHe fell under the (EMA) and is currently trading around $ 0.62, a critical support level. Breaking this level can lead to a further decrease. With this Relative power index (RSI) indicators indicate excessive sale conditions. This makes the possibility of a short -term recovery still possible.