Cardano and its native token, ADA, faced a significant decline in the second quarter of 2024, as reported by data intelligence firm Messari. The decline in ADA’s price by 39.7% to $0.39 and its market capitalization by 39.4% to $14 billion reflected the broader downturn in the cryptocurrency market. With a slight increase in circulating
Cardano
Cardano (ADA) has been the subject of a recent video chart analysis by crypto analyst @XForceGlobal. The analyst delved deep into Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the verge of entering a strong upward phase known as “Wave 3.” Drawing comparisons to Solana (SOL), the analyst highlighted similarities
The Cardano (ADA) community is abuzz with excitement as the highly anticipated Chang hard fork is on the horizon. ADA, the native token of the Cardano ecosystem, has seen a significant surge of over 52% in key metrics leading up to the launch of the upgrade. Intersect, a member-based organization for the Cardano ecosystem, recently
Cardano, the blockchain platform founded by Charles Hoskinson, has decided to postpone the highly anticipated Chang hardfork to September 1, 2024. This delay was confirmed by Hoskinson himself, citing the need for Binance and other platforms to have more time to prepare for the hardfork. While the Chang upgrade is ready to go, the new
Recently, Cardano has been the subject of numerous bullish predictions, particularly in light of the highly anticipated Chang upgrade. This upgrade is considered to be a crucial development for the network, leading to a surge of optimism among its supporters. However, amidst this positive outlook, another crypto analyst, Alan Santana, has come forward with an
Cardano (ADA) investors have been closely watching the recent price surge of the crypto token, which has seen a gain of over 14% in the last seven days. However, on-chain data indicates that this price surge could lead to significant selling pressure from investors who recently entered the market. Data from the on-chain analytics platform
Ronaldo is not just your average crypto enthusiast – he is a dedicated individual who has immersed himself in the world of cryptocurrencies for over five years. His journey began out of curiosity, but soon evolved into a deep passion for understanding the intricacies of this groundbreaking technology. Ronaldo’s commitment to staying up-to-date with the
Cardano has experienced a resurgence in bullish sentiments despite consistently underperforming in comparison to the broader market. This uptick in sentiment is quite notable, especially considering the current state of the crypto market. With Bitcoin reclaiming the $61,000 price mark, optimism has been on the rise across major cryptocurrencies. Despite recently dropping out of the
In a surprising turn of events, Cardano (ADA) has recently been ousted from the top 10 cryptocurrencies by market capitalization. This popular altcoin has been overshadowed by Tron (TRX), a shift that has caught many in the crypto market off guard. According to data from CoinMarketCap, Cardano has slipped out of the top 10 largest
The cryptocurrency market has been a rollercoaster ride, with ADA, the native token of Cardano, experiencing significant highs and lows. From reaching $3 during the 2020 to 2021 bull run to plummeting to $0.32 at the time of writing, ADA holders have been on a wild journey. The activation of smart contracts via the Alonzo
