What Is the Current State of the Crypto Market in November 2025?

This article provides an in-depth analysis of the crypto market as of November 2025, focusing on the top five cryptocurrencies by market cap, including Bitcoin, Ethereum, Solana, XRP, and Cardano. It explores market shifts, Cardano's resilience, and detailed trading volumes, highlighting investor sentiment and activities during volatile periods. The piece emphasizes Cardano's liquidity across major platforms like Gate, discussing the impact on market accessibility and trading options. Ideal for investors and market analysts seeking updated insights into the cryptocurrency landscape. Key themes include market capitalization, investor confidence, liquidity, and trading patterns.

Top 5 cryptocurrencies by market cap in November 2025

The cryptocurrency market landscape continues to evolve as we enter November 2025, with several established players maintaining their dominance in terms of market capitalization. The current market hierarchy reveals interesting shifts in investor confidence and project development.

The market capitalization distribution among the top five cryptocurrencies presents a notable picture of the industry's current state:

Rank Cryptocurrency Market Cap (USD) Current Price 7-Day Change
1 Bitcoin ~$960 billion ~$45,000 +2.5%
2 Ethereum ~$310 billion ~$2,600 +1.8%
3 Solana ~$65 billion ~$150 +3.2%
4 XRP ~$42 billion ~$0.78 -1.3%
5 Cardano ~$21 billion ~$0.57 +9.0%

Cardano (ADA) has maintained its position among the top five despite recent market volatility. The data indicates Cardano experienced a significant market correction in October 2025, with prices dropping from $0.82 to around $0.57 currently. However, its impressive 9.02% recovery over the past week suggests renewed investor confidence. This recovery comes after Cardano reached its three-month low of $0.49 in early November, demonstrating the cryptocurrency's resilience despite broader market uncertainty reflected in the current "Extreme Fear" market sentiment index reading of 24.

Analysis of circulating supply and trading volumes

Cardano's circulating supply currently stands at 36.59 billion ADA, representing 81.32% of its maximum supply cap of 45 billion tokens. This significant circulation ratio indicates a relatively mature distribution phase compared to many newer blockchain projects. The trading volume data reveals interesting patterns about market activity and investor sentiment.

Recent trading volumes for ADA show considerable volatility, reflecting market reactions to broader cryptocurrency trends. For instance, on October 10, 2025, when the price dropped dramatically from $0.82 to $0.63, the trading volume spiked to 47.58 million ADA, demonstrating how sharp price movements trigger heightened trading activity.

Date Price Change Volume (ADA)
Oct 10, 2025 -22.6% 47,588,357
Oct 11, 2025 -0.3% 49,634,256
Nov 04, 2025 -5.8% 52,431,191

These volume spikes coincide with significant price volatility, particularly during market downturns. The correlation between declining prices and increased trading volumes suggests investors actively repositioning their portfolios during uncertain market conditions. With daily trading volumes averaging around 4.31 million ADA, these peak trading days represent approximately 10-12 times normal activity levels, highlighting periods of exceptional market stress or opportunity.

Liquidity and exchange coverage across major platforms

Cardano (ADA) maintains significant market liquidity, evidenced by its daily trading volume of approximately $4.3 million across 67 different cryptocurrency exchanges worldwide. This widespread exchange coverage ensures traders have multiple options for buying, selling, and trading ADA tokens, which helps maintain price stability and market accessibility.

The liquidity distribution of ADA across various platform types shows interesting patterns:

Platform Type Approximate Volume Share Features
Major exchanges 65% High trading volumes, deep order books
Mid-tier exchanges 25% Moderate liquidity, competitive fees
Regional exchanges 10% Local currency pairs, regional accessibility

With a market capitalization of roughly $20.9 billion and fully diluted valuation of $25.7 billion, Cardano demonstrates sufficient market depth to accommodate large transactions without significant price slippage. This is particularly important for institutional investors who require substantial liquidity to execute large orders efficiently.

Gate stands out among exchanges offering ADA trading pairs, providing multiple trading options including spot, margin, and futures contracts. The exchange's liquidity pools for ADA contribute to the token's overall market accessibility, with competitive spreads that benefit both retail and professional traders looking to execute transactions at optimal prices.

FAQ

Is ADA coin a good investment?

Yes, ADA coin shows strong potential. With its innovative technology and growing adoption, it's projected to reach $5 by 2026, making it an attractive long-term investment option.

Can ADA hit $10?

Yes, ADA could potentially hit $10 by 2025, driven by increased adoption, network upgrades, and overall crypto market growth. However, it would require significant market cap expansion and widespread use cases.

What will Cardano be worth in 2025?

Based on market trends and developments, Cardano (ADA) is projected to reach $5 to $7 by 2025, driven by increased adoption and ecosystem growth.

How much will 1 Cardano be worth in 2030?

Based on current trends and potential growth, 1 Cardano (ADA) could be worth around $10 to $15 by 2030, reflecting significant adoption and technological advancements in the blockchain space.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.