Cardano’s native coin ADA has experienced notable price fluctuations lately, placing it in the top 10 cryptocurrencies by market cap. ADA has increased by about 50% since the beginning of 2023, and it is now trading at $0.3921 with a market worth of $13.6 billion. Cardano (ADA) has, however, been
Due to this year’s strong performance of the Bitcoin price, the total cryptocurrency market cap, excluding BTC, has underperformed. The technical indicators for the total crypto market cap are encouraging. TheNewsCrypto looks into some of the most important cryptocurrency predictions for April. Further, altcoins finally catch up to Bitcoin’s pace.
On Saturday, Cardano crossed the 4 million wallet milestone. On this occasion, Dan Gambardello, founder of Crypto Capital Venture, stated Cardano is better positioned than Ethereum. He sees it as a significant event that portends a significant increase in the price of ADA, maybe as high as $15. Dan Gambardello
Bulls at the current frontier are leading major price rallies in the global crypto market. Significantly, the price of Cardano (ADA) jumped 12% in the last 24 hours to the range of $0.38. At press time, the price of Cardano hovered above the 50-moving average (50MA), pointing out the bullish
Ethereum scaling network Polygon’s Co-Founder Sandeep Nailwal predicted that Ethereum would be the only standard smart contract protocol that overtakes all other layer-1 competitors such as Solana, Aptos, Cardano, and Avalanche. In a recent interview with Crypto Banter, a YouTube channel, Nailwal said; I don’t think there’s going to be
Over a year after planning, developing, and a passing security audit. Cardano’s native overcollateralized stablecoin, Djed, finally launched on the mainnet on January 31. Djed is a cooperative project between COTI (a layer 1 blockchain network) and Input-Output Global (IOG), the blockchain firm behind Cardano. The stablecoin is now accessible
The launch of Stablecoin on the Cardano (ADA) network is much anticipated by ADA holders. According to the COTI blog, the company is collaborating in the development of the stablecoin on the ADA blockchain, which is expected to emerge in the coming weeks. The debut date is currently unknown, however,
Cardano Network, one of the leading open-source blockchain platforms, has recovered rapidly after its brief node disruption. According to recent posts from the developers of Cardano, the blockchain ecosystem witnessed a brief outage on Sunday as 50% of nodes disconnected due to an anomaly. However, the network problem was immediately
Charles Hoskinson, founder of Cardano, said on Friday that he is contemplating purchasing CoinDesk in order to transform it from a cryptocurrency news website into a hybrid of sorts, bringing together news and a community forum. He thinks the asking price of $200 million is too much, despite the fact
Since the beginning of 2023, Cardano (ADA) front news updates have been positive, with a bunch of future development in its ecosystem. Cardano investors are excitedly awaiting the release of $Djed, the network’s first algorithmic stablecoin, which may challenge the largest altcoin, Ethereum ($ETH). These crypto-monsters, Cardano and Ethereum, are
