Cardano Now Live in Blockchain.com DeFi Wallet, Trading Volume Hits $2.98B

Key Points

1. Cardano's price rose to $0.8534, up 5.8%, with a 24-hour trading volume of $2.98 billion, a 31.3% increase from the previous day.

2. Blockchain.com's DeFi Wallet now supports Cardano, enabling 37 million users to send, receive, and hold ADA, alongside other major cryptocurrencies like Bitcoin and Ethereum.

3. The integration also includes support for Cardano Native Assets (CNAs), facilitating access to tokens built on the Cardano blockchain.

4. Cardano is recognized as one of the top three most mature blockchains under the U.S. CLARITY Act, alongside Bitcoin and Ethereum, though the act does not explicitly name any specific projects.

5. Analysts highlight bullish signals for Cardano, including a weekly MACD turning green, suggesting potential for a breakout, with key support levels identified at $0.63 and potential targets of $1.00–$1.15.