Markets· ★★★· bullish·

Cardano rises to $0.279 as futures open interest jumps 25%

  • —ADA gained about 9% over the week and 2.7% in 24 hours, with market cap above $10 billion
  • —ADA futures open interest rose 25% to $304 million; CoinGlass shows about $696 million
  • —413 transactions worth $100,000+ were recorded on Oct. 5, 2.2x the weekday average
  • —RealFi launched on Cardano mainnet on Oct. 1 with USDrf and sUSDrf assets
Why it matters: Rising open interest and whale activity suggest new positioning rather than just a short squeeze, improving the odds of holding above $0.28.
#ADA
Source: crypto.news
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