Cardano Active Addresses Surge 14% as CME Launches 24/7 Crypto Trading on May 29

ADA-5.12%

According to on-chain data and CME Group announcements, Cardano (ADA) active addresses climbed 14% to 17,500 following CME's rollout of 24/7 cryptocurrency futures and options trading effective May 29, 2026. The upgrade provides institutional traders with around-the-clock access to regulated derivatives markets, with only a brief weekly maintenance break.

Simultaneously, the 10M–100M ADA whale cohort increased its supply share from 36.48% to 37.23% over three weeks, according to blockchain data, signaling accumulation despite recent price softening. CME had already listed Cardano futures in standard and micro sizes in February, establishing a direct derivatives pipeline into regulated markets.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments