Cardano Price Struggles Despite Improvements in Fundamentals
Cardano [ADA] stood out by thriving on its own merits while Bitcoin witnessed the emergence of BRC-20 tokens and the rise of meme coins. The impressive surge in network activity on the Cardano blockchain has garnered substantial admiration from observers. Currently, the network has even surpassed Bitcoin on Messari’s Chain Activity list. Recent data reveals […]
Cardano Developer Reveals Ambitious Vision: What to Expect
Sebastien Guillermo, a notable blockchain developer and contributor to Cardano, has unveiled the upcoming plans for the Cardano ecosystem. In response to inquiries regarding the potential development of trustless bridges and Layer 2 solutions, Guillemot emphasized the team’s commitment to enabling the creation of these advancements for the entirety of Cardano. Guillemot’s Paima Studios has […]
Cardano Altcoins Experience Explosive Price Surges, Dan Forecasts Potential Market Dips
TapTools reports that several native cryptocurrencies launched on the Cardano platform have experienced significant price surges recently. For example, BANK has seen a rise of 19.66% and an astonishing increase of 2.64K% within the last week. Similarly, the meme coin SNEK has surged by 39.84%, showing a remarkable growth of 135.9% over the course of […]
Cardano Sees Record-Breaking Surge in Transaction Volume: Here’s Why?
Cardano (ADA) has witnessed a significant surge in transaction fees, according to data from Messari. On May 28, the transaction costs on the Cardano network reached a record-breaking high of $15.2K. This figure represents the highest point since August 11, 2022, indicating a notable increase in network demand and activity. It’s worth noting that transaction […]
3M Cardano Addresses in Loss as Crypto Investors Face Losses
More than 3 million Cardano addresses suffered losses on their ADA holdings at $0.378. The profit and loss of crypto addresses are examined using IntoTheBlock’s Break Even Price indicator. The indicator indicates that 3.12 million addresses are losing money on their $0.378 ADA holdings. The proportion of lost ADA addresses on the Cardano network is […]
Record-High Cardano Transaction Fees Reach New Level Since August 2022
According to data from Messari, Cardano, the third-largest smart contract platform based on market capitalization, has experienced a notable increase in transaction fees. As of May 28, the transaction fees on the Cardano network reached a new record high of $15.2K, marking the highest level since August 11, 2022. This increase suggests a surge in […]
Charles Hoskinson Invites Bitcoin Ordinals to Utilize Cardano Scalable Ecosystem
During a recent Ask Me Anything (AMA) session on YouTube, Charles Hoskinson, the founder of Cardano, shared his insights and opinions on the topic of Bitcoin Ordinals, which is a recent innovation on the Bitcoin blockchain. Hoskinson shared his perspective that the Cardano ecosystem would provide a more appropriate environment for Bitcoin Ordinals, underscoring the […]
Crypto Capital Venture Founder Predicts Big Move for Cardano (ADA)
Crypto Capital Venture’s founder, Dan Gambardello, a renowned crypto analyst, has published a dedicated video where he delves into the future potential of Cardano (ADA). In the video, Gambardello also addresses the recent concerns raised regarding the time taken for swaps on decentralized exchanges (DEXs) built on the Cardano platform. In light of recent reports […]
Can Cardano Take Advantage of Hong Kong’s Fresh Crypto Regulation?
The cryptocurrency market received an exhilarating boost as the Hong Kong Securities and Futures Commission (SFC) made a significant announcement today. According to the regulatory ruling, licensed platforms will soon be able to cater to retail investors, expanding investment avenues for residents of Hong Kong. This new development is slated to come into effect on […]
Advancements in Cardano Network Ignite Speculation for $1 Target
The Cardano Network is poised for substantial growth following notable developments that have recently taken place. The latest weekly development report, released on Friday, May 19, highlighted several key advancements that are set to propel Cardano forward. One significant achievement is the progress made by the Hydra team in their scaling efforts. They have successfully […]