The price of Cardano’s ADA token has entered a period of consolidation over the past day, sliding 2.87% to $0.3806 at press time. This price level represents a crucial support zone, according to market analysts, who believe further upside could still be in store for the fifth-largest cryptocurrency by market
Cardano creator Charles Hoskinson praised his blockchain network’s commitment to peer-reviewed academic research as the total papers in Input Output Global’s (IOG) library approaches 200. He contends that this rigorous, scientific method distinguishes Cardano as uniquely positioned to solve complex challenges. “Cardano’s Library Nears 200 Papers as Founder Charles Hoskinson
Cardano’s (ADA) recent drop in value reflects the overall crypto market’s decline and puts investors’ fortitude to the test. Profit-taking by investors reassessing their holdings in light of the market’s downturn is likely contributing to the current selling pressure. The Cardano Ballot, announced by Cardano co-founder Charles Hoskinson, will be
The price of Cardano (ADA) surged 3.3% on November 16th, joining a broader altcoin rally as the cryptocurrency aims to recapture lost ground. ADA currently trades around $0.3883, up from $0.3624 just 24 hours ago, according to CoinMarketCap. After a rocky few weeks impacted by FTX contagion, ADA has now
In a momentous statement made yesterday on Twitter, the Midnight team, a division of Input Output Global (IOG), the company behind the Cardano blockchain announced that the Midnight Network devnet is now live. This statement announces the dawn of an era of change for the Cardano community, introducing the Midnight
The Cardano Foundation has made substantial progress in enhancing the Cardano blockchain experience for developers. Developers of Cardano apps will benefit from a new Java-based data provisioning tool that streamlines data retrieval and indexing. Known as “Ledger Sync,” this cutting-edge tool is one component of the Cardano Foundation’s drive to
The price of Cardano (ADA) rose to over $0.37, up roughly 51% in the last 30 days. The protocol’s Total Value Locked (TVL) has increased by nearly 380%, reaching $251 million. This is quite close to the all-time high of $322M, reached in March of last year. There may be
The rate at which Cardano releases new features and upgrades has always been called into question. In an interview at the recent Cardano Summit in Dubai, Frederik Gregaard, CEO of the Cardano Foundation, addressed these worries head-on, casting the network’s methodical development as a virtue. Gregaard is quoted as saying
Cardano (ADA) has seen a surge in large investments despite little price movement, according to data from analytics provider IntoTheBlock. Over $600 million worth of ADA has recently been accumulated in the $0.249 to $0.271 price channel. This indicates major investors are taking positions in anticipation of a breakout. An
Cardano (ADA) has bucked the broader crypto market downturn over the last week, rallying 18%. At press time, ADA was trading at $0.3559, up 2.2% in the last 24 hours. Besides a drop to $0.288 on November 1, the asset has seen a sustained uptrend over the past month, recovering
