The cryptocurrency landscape is constantly evolving. Two major players in the smart contract space, Ethereum and Cardano, compete for dominance. Cardano recently surged, jumping 62% in a single day and rising 48% over the past week. Meanwhile, Ethereum, the long-established leader in decentralized applications, dropped 11% over the past seven days despite minor recoveries. With […]
Cardano’s (ADA) recent price movement has pushed it below the lower boundary of an upward-trending channel over the medium to long term. This suggests its upward climb may slow down, or a period of sideways price action could begin. Key support levels are around $0.46, while resistance levels are around $0.66. The negative volume balance […]
The Cardano ecosystem faced criticism recently regarding its progress and future prospects. However, Charles Hoskinson, the founder of Cardano, addressed these concerns on social media platforms over the weekend, highlighting the network’s ongoing development. Seeing all the dunking on Cardano makes me smile a bit. We are holding all the cards as an ecosystem. We have […]
To address persistent concerns and misconceptions circulating within the Cardano community, Cardano founder Charles Hoskinson took to X (formerly Twitter) to tackle the ongoing FUD around its partner firm, World Mobile, whose ties go back to April 2021. In a recent X post, Hoskinson stressed the importance of this partnership, specifically calling for a flexible […]
Cardano, a leading cryptocurrency by market capitalization, achieved a historic milestone with the launch of USDM, the first fiat-backed stablecoin on its network. According to the tweet, USDM, issued by Mehen Finance, is a digital token that maintains a 1:1 peg to the U.S. dollar. #CardanoCommunity,$USDM IS HERE! policyID – c48cbb3d5e57ed56e276bc45f99ab39abe94e6cd7ac39fb402da47ad assetName – 0014df105553444d pic.twitter.com/gnkh4NikDS […]
Cardano (ADA) has demonstrated a bullish trend over the past few years. Since January, Cardano’s value has seen a 24.64% increase. This jump reflects the cryptocurrency’s solid growth momentum. As of writing, the ADA price noted an upswing of 0.47% over the past 24 hours and is currently trading at $0.5911. In the broader crypto market, […]
Cardano (ADA), the eighth-largest cryptocurrency by market cap, has made significant gains over the past few days. At press time, the ADA price is up by 3.1%, trading at $.0.6091 with a market cap of $12.3 billion. Moreover, the asset has rallied 12.8% in the weekly charts, 18.7% in the last 14 days, and 14.1% […]
Cardano (ADA) has become a leader in the smart contract platform, leaving behind other competitors such as Polkadot (DOT) and Kusama (KSM). According to Santiment, now it has emerged foremost across the crypto space. In Santiment’s ranking, Cardano was first with the highest developer engagement, which makes it more desirable than others with its strong […]
Cardano (ADA) has emerged as a frontrunner, showcasing remarkable growth in recent weeks. The surge in on-chain metrics and a breakthrough in resistance levels have contributed to an increasingly optimistic outlook for ADA, as the broader market sentiment remains bullish. Cardano’s Positive Momentum Notably, Cardano has experienced a significant uptick in momentum, and cryptocurrency expert […]