03-24-2022, 09:12 PM
Cardano Skyrockets as Coinbase Rolls Out Staking for ADA
<!-- SC_OFF --><div class="md"><p>ADA is up 13% over the day following news that Coinbase is now offering staking for Cardano’s native cryptocurrency.</p> <p>The price of ADA, the native cryptocurrency of the Cardano blockchain, soared to a seven-week high of $1.13 on Thursday, a level not seen since early February.</p> <p>The latest price action comes with increased trading volumes, extending ADA’s weekly gains to nearly 35% to make it the best performing cryptocurrency in the top ten list over the past seven days, according to CoinMarketCap.</p> <p>The boost in the price of ADA can likely be attributed to the news that Coinbase, the largest crypto exchange in the U.S., is now offering staking for the asset.</p> <p><a href="https://decrypt.co/95885/cardano-skyrockets-coinbase-rolls-out-staking-ada">Source</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KanijoAlberto"> /u/KanijoAlberto </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm817k/cardano_skyrockets_as_coinbase_rolls_out_staking/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm817k/cardano_skyrockets_as_coinbase_rolls_out_staking/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>ADA is up 13% over the day following news that Coinbase is now offering staking for Cardano’s native cryptocurrency.</p> <p>The price of ADA, the native cryptocurrency of the Cardano blockchain, soared to a seven-week high of $1.13 on Thursday, a level not seen since early February.</p> <p>The latest price action comes with increased trading volumes, extending ADA’s weekly gains to nearly 35% to make it the best performing cryptocurrency in the top ten list over the past seven days, according to CoinMarketCap.</p> <p>The boost in the price of ADA can likely be attributed to the news that Coinbase, the largest crypto exchange in the U.S., is now offering staking for the asset.</p> <p><a href="https://decrypt.co/95885/cardano-skyrockets-coinbase-rolls-out-staking-ada">Source</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/KanijoAlberto"> /u/KanijoAlberto </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm817k/cardano_skyrockets_as_coinbase_rolls_out_staking/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tm817k/cardano_skyrockets_as_coinbase_rolls_out_staking/">[comments]</a></span>Kind Regards R