Crypto
Crypto Market Update: Cardano, Pi Network, and the Bullish Run of Top Assets
Cardano (ADA) price has declined over 7% this week and is currently trading below $0.220. Despite this, some whale wallets are accumulating ADA tokens during the pullback.
The uncertain outlook for Cardano is also reflected in mixed on-chain and derivatives metrics. Traders are assessing whether the recent decline could extend further.
Pi Network (PI) price has remained steady above $0.0900 after recording a 3% gain over the last two days. The Pi Core Team's launch of new SoloHost apps, OpenClaw and Atlassian MCP Server, aims to expand the Pi ecosystem.
BTC, ETH, and XRP are maintaining their bullish runs as they hold above key moving averages. However, technical indicators warn that momentum may be stretched.