Cardano: DEX Volume Surges 1551% Week-on-Week

Cardano DEX volume reached $151.01 million over the last seven days, a 1,551% week-on-week jump, while August 22 alone recorded 245.31 million ADA, the highest daily total ever on the network.

Price action on the 4h chart shows ADA at $0.21 testing upper Bollinger resistance at $0.22 with RSI(14) at 43.82 and MACD in death cross territory; this setup points to a likely retracement toward EMA50 support at $0.21 before any sustained move higher as ecosystem liquidity expands.