Cardano’s ADA token is currently trading at 0.87 USD after a decline of 3%. In a recent AMA, Charles Hoskinson addressed the volatility in the market and ongoing initiatives that could support future growth.
Hoskinson highlighted the upcoming Midnight Network aimed at enhancing data privacy, and suggested that integrating Bitcoin could increase ADA’s appeal and functionality in the crypto market.
Despite ADA’s year-over-year growth of 125%, it has seen a drop of over 70% from its peak of 2.90 USD in August 2021. Market trends indicate ongoing volatility as macroeconomic factors influence investor sentiment.
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