ADA price Oscillates In Range As Breakout Brews
ADA Price Bleeding Continues ADA is down 0.1% to $0.2895 with $112 million in volume coming in, supported by $10 billion in market capitalization. advertisement A depressed market structure became the order of the day following the climb to $0.37 in July after the court ruled that programmatic sales of XRP are not securities. Recall the Securities and Exchange Commission (SEC) alleged in June that ADA along with 63 other cryptos like Polygon (MATIC), and Solana (SOL) are securities. Therefore, with the court’s ruling favoring XRP, Cardano witnessed a price pump from lows around $0.25 to highs of $037 as investors sought exposure to other tokens the SEC had deemed to be operating illegally as securities. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...