Data from TradingView confirms the sharp upward move.
The momentum pushed ADA out of its previous range, lifting it to a multi-week high. The rally also came with increased trading volume, signaling stronger participation from both spot and derivatives traders.
Over 74% of ADA’s Supply Now in Profit
According to Santiment, 74.14% of Cardano’s circulating supply—26.91 billion ADA—is currently held at a profit. This metric reflects the percentage of tokens whose current value exceeds their acquisition cost.
ADA Funding Rate Remains Positive in Derivatives Market
Data from CoinGlass reveals that ADA’s funding rate currently stands at 0.0099%. This number reflects payments made between traders in perpetual futures contracts.
