As one of the strong competitors in the crypto market, Cardano is growing strong with massive developments in its blockchain technology. Thereby, Cardano is grabbing the attention of large users. As a result, the network shares the rise in the number of ADA wallets in just one month. To be
Cardano has added almost 100,000 wallets to its network in the previous month. The Alonzo hard fork adds support for Plutus smart contracts. Since last year, there has been a massive rise in the number of wallets containing Cardano’s native currency, ADA, which is proof of this. As ADA wallets
More than 90% of all Cardano TVL is traded on DEXs like Minswap and SundaeSwap. The ADA token has always been a holder’s token. Since the introduction of smart contracts on the Cardano network last year, activity has increased. However, as more decentralized apps (Dapps) continue to appear on the
Over 3.2 million wallets were registered on the Cardano blockchain in Q1 2022. The transaction prices for ADA have climbed by 51.5 percent year-to-date. At the current price of $ADA, 82% of Cardano’s cryptocurrency owners are losing money. ADA’s price has been steadily falling since it peaked in November 2021
The recent volume is one of the highest volume levels since mid-2018. The number of addresses has increased from 3.4 million to 5 million. According to IntoTheBlock, the number of big transactions on the Cardano blockchain has surged more than 50-fold this year. Transactions denominated in Cardano’s ADA tokens valued
Cardano’s multi-protocol DEX, Bashoswap when launched will make it easy for anybody to quickly and cheaply swap Cardano tokens. The Bashoswap project’s is backed by a formidable team with extensive experience with smart contracts, native assets, and the blockchain ecosystem. The DEX was built to provide a scalable channel for trading
Cardano and Solana lead the pack with around 24 percent of the total portfolio. The price of Cardano has risen by double digits in the last week. On Tuesday, Grayscale Investments launched its “Smart Contract Platform ex Ethereum Fund,” which aims to provide investors with exposure to smart contract technology
Cryptocurrency experts may argue whether there is a “crypto winter” in progress. Cardano is up 5.75% in the last 24 hours. With Cardano (ADA), the problem is not the crypto. This has more to do with today’s crypto economy rather than the past. Cryptocurrency values may have stabilized since December
The DEX Uniswap, which is based on Ethereum, is the most popular exchange in the DeFi market. Many users, however, find it extremely difficult and hectic to trade, buy, or sell cryptocurrencies on the Uniswap platform because of the network’s lengthy transaction times, overlapping liquidity, and rising gas costs, among
The current upswings in the Bitcoin price are likely to be fleeting. After falling below $1 last month, Capo predicted ADA would go below $0.50. The global cryptocurrency market rose somewhat as the value of several of the most popular cryptocurrencies rose. There was a total of $1.82 trillion in
