Wed, September 2

Cardano (ADA) Price Tanks Following Disappointing US Job Data

With the Chang hard fork completed, the long-awaited Conway era has begun on Cardano. With this crucial development, the network took a giant leap towards complete decentralization. One major change is the inclusion of the CIP-1694 governance model, which gives ADA holders more say in network decisions via active voting.

September 7, 2024 1 min read

Solana Price Slips to $125 Mark Amid Broader Market Selloff

Three Arrows Capital (3AC) cofounder Su Zhu recently wrote in an X post praising SOL’s prospects. As the Breakpoint event draws near, Zhu projected that the price of Solana would rise. To set the scene, Solana hosts an annual conference called the Breakpoint event where ecosystem experts get together to

September 7, 2024 2 mins read

Solana Faced 20% Drawdown after Failing to Break $160: What’s Next For SOL?

Solana (SOL) finds itself at a critical juncture following weeks of heightened volatility and a 20% drawdown in late August. Despite multiple failed attempts to breach the $160 resistance level, recent shifts in market behavior and key technical indicators suggest a potential rebound may be on the horizon, rekindling optimism

September 6, 2024 2 mins read

Polygon’s MATIC to POL Migration Completed, But Price Remains Weak

Polygon’s recent migration from its native token MATIC to POL, completed on September 4, has failed to spark the positive market response typically associated with such upgrades. Instead, the network faces a series of challenges, including declining user activity and large holders offloading their tokens, which continue to exert downward

September 5, 2024 2 mins read

Cardano Analyst Predicts Potential 1,000% Rally for ADA Against Bitcoin

Cardano (ADA) finds itself at a potentially pivotal juncture as renowned analyst Dan Gambardello identifies a bullish divergence in its price action against Bitcoin, drawing striking parallels to a similar pattern observed in 2020. This technical formation has sparked speculation about a possible massive rally for ADA, reminiscent of its

September 5, 2024 2 mins read

Cardano (ADA) Price Faces Uncertainty Amid Bear Dominance

In the early trading session Wednesday, the price of Bitcoin continued its precipitous decline from Tuesday, falling to a low of $55,555. As a result, Bitcoin and other major cryptocurrencies fell to levels not seen in a month. The worst time for global markets since the crash of August 5

September 5, 2024 1 min read

Solana Finds Support at $124 Level Amid Ongoing Bearish Pressure

In response to claims that the Solana network is not decentralized, Solana Foundation executive director Dan Albert argued during a Korea Blockchain Week (KBW) 2024 panel that the ability to coordinate a patch does not prove that the network is centralized. The capacity to coordinate the correction of a defect,

September 5, 2024 1 min read

Chainlink Price Stuck Between $9 And $12, LINK Mirrors Broader Market Trends

Chainlink (LINK) finds itself in a state of limbo, its price action tethered to broader market trends as it continues to move sideways. However, a potential breakout opportunity looms on the horizon, signaled by the convergence of key technical indicators, particularly the Bollinger Bands. LINK’s recent price history has been

September 3, 2024 2 mins read

Ripple Price Shows Strong Bullish Action: XRP Tests Major Support

Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities

September 3, 2024 1 min read

Solana (SOL) Struggles To Break $160 Resistance, Facing Potential Drop

Solana (SOL) finds itself at a critical juncture as it grapples with formidable resistance at the $160 level, having made two unsuccessful attempts to breach this threshold in August alone. While these setbacks have dampened short-term sentiment, the potential for recovery remains, contingent on a shift in investor outlook. However,

September 2, 2024 2 mins read