Cardano’s social feelings flourish

Cardano (ADA) has a decrease in momentum amid a shrinkage in the wider market. Over the course of last month, the encryption assets threw nearly 12 % and currently hovering about $ 0.70.

Modern data reveals the series that the whales emptied more than 100 million ADA symbols last week, which contributed more to increasing the pressure pressure and uncertainty about the short -term assets.

Despite this recession, Cardiano’s crowd’s feelings appeared to be moving in a different direction because it struck a milestone that could stimulate a shift that affects the need.

Market morale improves in Cardano

The latest Santiment data revealed an increase in the positive feelings of Cardano as it has reached its highest levels in more than four months. According to the intelligence platform on the series, social media users publish more than 3.5 positive comments for each of them, a percentage that has not been seen since late October to early November 2024.

ALTCOINS as Cardano sees high positive feelings on social media. With the help of the fact that SEC is classified $ AdaThe issue of using “smart contracts for government services”, and the Altcoin community has prompted the highest rate in more than 4 months. pic.twitter.com/viovgjynax

– Santiment (Santimentfeed) March 19, 2025

The rise in optimism comes in the role of the US Securities and Exchange Commission (SEC) classified The issue of Using ADA as “smart contracts for government services”.

Historical data indicates that the peaks of similar feelings coincided with price movements. This renewed enthusiasm can indicate an increase in investor confidence and the volatility of potential prices in the near future.

The factors that lead Kardano

While Cardano moves in the volatile market, three main factors lead their momentum.

For example, President Donald Trump announced on March 2 that ADA will be among the encrypted currencies in the United States Strategic Curd Research. The executive order on March 6 later showed that Altcoins will be included in the DAS stock and supervision by the treasury.

While this is a welcome step, many market participants rushed criticize Insert Cardano, citing its low activity levels, which hindered its price.

Second, Frederick Greygar, CEO of Cardano Foundation. certain The project cooperates with NASA on Blockchain data solution solutions.

The partnership focuses on the source of data, tracking and tracking mechanisms and satellite data applications. NASA takes advantage of the advanced Merkle Patricia attempts by Cardano (MPTS) to ensure that effective and verified data is stored. MPTs Cardano enables data to be widely handled by constantly updating data groups-capacity that lacks many other Blockchain networks.

In addition, the prospects for growth and adoption in Kardano can get a large boost with institutional capital flows, driven by the applications of the Canary Capital and Grayscale. according to PolymarketThe possibilities increased from 52 % on February 24 to 67 % at the time of writing this report.