Convert 50 ADA to VND today

Bitcoin’s price has hit 94,200 USD, achieving new highs for the third consecutive day. This surge reflects a growing market interest as Bitcoin ETFs witness record inflows of 921 million USD.

SUI is leading altcoins with a remarkable 20% increase in value. Cardano (ADA) and Ethereum (ETH) also see strong performances with gains of 5% and 4%, reflecting positive developments in the market.

In regulatory news, the SEC has charged PGI Global’s founder with fraud. Meanwhile, Gate.io pledged full reimbursement to users affected by a recent trading platform outage, ensuring user trust during system upgrades.

Charles Hoskinson stated that Cardano is now completed, with no further development planned unless funded. IOG is working on Hydra and Leios but is bearing financial risks.

Hoskinson urged community backing for budget proposals to prevent ecosystem damage from funding delays. He addressed concerns regarding past management and funding contract expiration.

Despite criticisms, Cardano now is valued at around 25 billion USD, hosting millions of users and thousands of decentralized applications, indicating its success within the cryptocurrency domain.

Recent market activity revealed that large holders offloaded over 180 million ADA amid a price increase. While whales took profits, retail investors showed excitement for ADA’s rebound.

ADA’s price recently rose by 2.69%, reaching 0.631 USD. A break above 0.63 USD may lead to a target of 0.70 USD, while a dip below 0.59 USD could see support levels challenged.

In mid-April 2025, crypto whales significantly increased their holdings of Cardano (ADA), ApeCoin (APE), and Toncoin (TON). They acquired 190 million ADA valued at 2.4 billion USD, 11 million APE contributing to a 4% price rise, and recorded a 164% surge in TON accumulation, indicating strong market confidence.