Why Cardano (ADA) Could Be Gearing Up For A Rally

Cardano (ADA) price has struggled tremendously since it hit its all-time high price of $3.10 back in 2021. Even now, with the crypto market recovery, ADA has not made as many gains as others in the market as indicators point largely toward bearishness for the digital asset. However, a new development could see a recovery in the price ofCa Cardano. FTX Plans To List ADA FTX remains the only one of the largest crypto exchanges that are yet to list Cardano. Obviously, this has not gone over well with members of the community who have continued to inquire why the exchange was yet to list the digital asset for trading. One of such inquiry was recently targeted at FTX CEO Sam Bankman-Fried (SBF) who gave an explanation as to why this was the case. The tweet asked why the exchange was listing lesser-known tokens for trading and yet continued to pass up ADA, which is currently a top 10 cryptocurrency by market cap. Related Reading: Crypto World Meets Boris Johnson: A Match Made In Heaven Or Hell? SBF’s response to this was that the crypto exchange was actually working on adding Cardano for trading. However, he referred to the blockchain as being “new”, so they were still working on integrating it into the platform in the near future. working on ADA! It's a new blockchain which takes some time to implement but we'll be there soon — SBF (@SBF_FTX) November 2, 2022 The FTX CEO further clarified that he did not mean that the...