Cardano partners with Pacific Meta to expand enterprise blockchain adoption in Japan

  • Cardano partnered with Pacific Meta to accelerate enterprise blockchain adoption across Japan.
  • Daily active addresses rose from 15,588 to 27,548 within seven days.
  • ADA traded above $0.254, while futures data showed whale selling pressure.

Cardano has partnered with Pacific Meta to accelerate enterprise blockchain adoption in Japan, combining Cardano’s infrastructure with Pacific Meta’s local market expertise and enterprise integration capabilities. ADA traded above $0.254 on Friday, remaining above its 50-day EMA at $0.220, 100-day EMA at $0.212 and 200-day EMA at $0.240. Network activity increased sharply, with daily active addresses rising from 15,588 to 27,548 in seven days and remaining near 26,800 on Friday. Funding rates turned positive at 0.0037%, indicating that long-position holders were paying short-position holders, although futures data showed substantial whale activity and predominantly selling pressure. Analyst Sssebi identified potential for a move above $0.30, while Crypto Patel cited $1, $3 and $5 targets based on technical support, with a weekly close below $0.137 invalidating the bullish scenario. ADA’s RSI was about 63, with support at $0.245 and $0.240 and resistance at $0.299.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.
Cardano partners with Pacific Meta to expand enterprise blockchain adoption in Japan - CoinPost Terminal