Cardano’s ADA saw its market cap surge by over $1 billion in just 24 hours, amidst a new wave of intense buying pressure. At press time, ADA’s overall market cap stands at $15.5 billion, cementing it as the 8th-largest cryptocurrency by valuation, according to CoinMarketCap. The latest push saw the
On-chain data analyzed by leading crypto analyst Ali shows a significant rise in large transactions on the Cardano blockchain over the past three months. This indicates growing institutional interest that could propel the eighth-largest cryptocurrency to new price heights. Citing transaction data, Ali noted ADA transfers over $100,000 have regularly
Cardano’s ADA token has witnessed growing volatility in recent days, with mixed signals emerging across varying timeframes that leave traders uncertain about the next major price move. Currently ranked as the 8th-largest cryptocurrency by market capitalization, ADA fell nearly 3% on Wednesday to $0.3735 amid broader declines across the crypto
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
