• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
Cardano

Cardano Addresses In Loss Barrels Past 57% Amid Market Crash

Scott Matherson
by Scott Matherson
1 year ago
·
Posted in Cardano
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Cardano (ADA) has been on a significant price decline in the past 30 days with important metrics pointing to a continued decline in the next few days.

This decline has seen the number of Cardano holders in profit falling massively, as evidenced by on-chain data. Particularly, IntoTheBlock’s “In/Out of the Money” has revealed the number of Cardano holders in losses has now climbed to 2.56 million addresses, representing over 57% of the total addresses. 

Cardano’s Lackluster Price Performance

At the time of writing, Cardano has seen its price fall by 34.40% in the past 30 days. This fall was further exacerbated by a recent Bitcoin selloff which saw the leading digital asset fall by 5% in the past 24 hours. As a result, Cardano saw its price falling below $0.5 for the first time since February 8.

Related Reading: Thailand Throws Jab At Crypto With P2P Purchase Ban – Details

A lackluster action from the bulls has seen Cardano falling 55% from a yearly high of $0.8009 set on March 14. In the spirit of a lackluster price surge, Cardano is trading 83% down from its all-time high, with the crypto having one of the worst performances among large market caps in the current market cycle.

In fact, recent market dynamics have seen Cardano falling in market cap rankings after being displaced by Toncoin (TON), which recorded as high as a 96% surge during the week to reach a new all-time high of $7.63. This performance has seen a higher percentage of Cardano holders falling into losses. At the time of writing, 57.38% of Cardano addresses are holding at a loss, compared to 35.66% still in profit. 

Similarly, IntoTheBlock’s “In/Out of the Money Around Price” metric shows that a majority of addresses (49.32%) who bought between the current price range of $0.429462 and $0.582659 are in losses.

 

What’s Next For Cardano?

Cardano is currently trading at $0.5134 and bulls are struggling to hold above the $0.5 price level. Various on-chain signals from IntoTheBlock indicate the bears might actually have the upper hand very soon. Bullish large transactions have declined by 2.29% in the past 24 hours. At the same time, the net network growth has declined by 0.18% in the same time frame. 

Cardano is now trading at $0.5134. Chart: TradingView

However, some Cardano supporters have remained optimistic about the crypto’s trajectory in the current market cycle. According to a crypto analyst known as Trend Rider, Cardano is still in a clear bull market phase on the monthly timeframe.

Related Reading: VeChain Lands $100 Million Knockout Partnership With UFC – Details

His analysis is based upon a bullish RSI cross that occurred in the last quarter of 2023. The expert pointed out that this is only the second time of its occurrence in Cardano’s price history. A similar outcome to the first cross would see Cardano’s price surging to new highs in the coming months.

Featured image from Pixabay, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Scott Matherson

Scott Matherson

Follow

Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Full Profile

Related Posts

Cardano news Hoskinson Ethereum Buterin

Cardano Founder Slams ‘Drama’ Over Client Diversity Debate

14 hours ago
Cardano news Charles Hoskinson

Cardano Founder: Leios To Deliver 65x Scaling Within 12–18 Months

1 day ago
Cardano News Leios

Cardano Hits Major Scaling Milestone: Leios CIP Goes Public

4 days ago
Cardano news

Cardano Foundation Fires Back After Hoskinson’s Explosive Criticism

5 days ago
Cardano Charles Hoskinson

Cardano Founder Announces Major $23 Million Boost For ADA With This New Partnership

1 week ago
Cardano ADA

Cardano Open Interest At ATH Levels: Keep An Eye On These 3 Targets

1 week ago

Premium Sponsors

Press Releases

  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    3 hours ago
  • Bitget to Transfer 440 Million BGB to Morph Foundation...

    3 hours ago
  • From Institutional to Individual Investors: How XRP and...

    3 hours ago
  • Despite XRP price fluctuations, Mint Miner lets holders...

    4 hours ago
  • CryptoMiningFirm Launches First XRP, BTC Mobile App: Earn...

    6 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.