As popular crypto analyst Dan Gambardello delves into the potential future of the Cardano (ADA) price amidst troubling forecasts of a US recession, he highlights the general unease among ADA holders and general crypto investors. The ongoing economic discourse surrounding a potential recession has raised concerns among investors, especially with the historical behavior of the
Cardano
Despite the completion of the highly anticipated Chang upgrade on Cardano’s Layer-1 blockchain, the price of ADA has experienced a significant drop. The Chang hardfork brought crucial changes to the Cardano ecosystem, including the introduction of on-chain voting, Delegate Representatives, enhanced smart contract capabilities, and a new governance structure with cost model improvements. ADA holders
Cardano recently completed its Chang upgrade, marking a significant shift towards a decentralized governance system. This upgrade, named after Chinese mathematician Ch’ang Shou, introduces key changes that empower ADA holders to actively participate in the network’s future direction. By enabling on-chain voting and introducing Delegate Representatives, Cardano is moving towards a more democratic decision-making process.
Cardano (ADA) has been facing a tough time in the cryptocurrency market, with stagnant price growth despite being a well-known altcoin. The crypto analyst, Max Maher, has provided insights into why Cardano has not been performing as well as expected, while also expressing optimism and predicting a substantial 1,000% rally in the near future. Maher
Cardano and its native token, ADA, did not have a great Q2 in 2024. The price of ADA plummeted by 39.7% to $0.39, causing its market capitalization to fall by 39.4% to $14 billion. This decline was mainly influenced by an increase in circulating supply. It’s worrying to see such significant decreases in key performance
A recent video chart analysis by crypto analyst @XForceGlobal has shed light on the potential of Cardano (ADA) in the current market environment. Despite being labeled as a “dinosaur coin” by some, XForceGlobal points out that ADA may be on the brink of entering a strong upward phase, specifically identified as “Wave 3” within the
The Cardano (ADA) community is abuzz with excitement as the Chang hard fork, a highly anticipated upgrade, is set to launch soon. Intersect, a member-based organization for the Cardano ecosystem, recently provided comprehensive details and updates on the upcoming Chang hard fork. The organization revealed that preparations for the upgrade are nearly complete, with key
Cardano, the popular cryptocurrency founded by Charles Hoskinson, has announced a delay in its highly anticipated Chang hardfork. Initially scheduled for August 27, 2024, the hardfork has now been pushed back to September 1, 2024. The reason for this delay, according to Hoskinson, is to allow major platforms like Binance more time to prepare for
Cardano has been making headlines lately with a series of bullish predictions, particularly in anticipation of the Chang upgrade. This upgrade is seen as a significant step forward for the network, generating a surge of optimism among its supporters. In the past three years, Cardano has experienced both bullish and bearish cycles, with the bears
Cardano (ADA) has experienced a significant surge in price over the last seven days, with gains of over 14%. However, on-chain data indicates that investors may be preparing to offload their holdings to secure profits. Santiment data reveals that an additional 12% of Cardano’s supply is now in profits, signaling a potential influx of selling
Ronaldo is not your average crypto enthusiast. With over five years of extensive research and unwavering dedication, he has delved deep into the world of cryptocurrencies. His journey began with a spark of curiosity, which soon evolved into a profound passion for understanding the intricacies of this groundbreaking technology. One of Ronaldo’s defining areas of
In a market that is currently experiencing signs of recovery, Cardano (ADA) stands out as one of the biggest beneficiaries of the recent uptick in optimism. Despite falling out of the top 10 largest assets list, Cardano’s weighted sentiment score of 1.69 surpasses the likes of Bitcoin (BTC) and Ethereum (ETH). This surge in positive
In a surprising turn of events, Cardano (ADA) has recently been removed from the top 10 cryptocurrencies by market capitalization. This alteration marks a significant shift in the cryptocurrency market, as Cardano has long held a prominent position within the top echelons of the crypto industry. The downfall of Cardano can be attributed to a
In the midst of the bull run of 2020 to 2021, ADA, the token native to Cardano, reached a peak of $3 in August. However, this moment was short-lived as developers introduced smart contracts during the same period, marking the beginning of the Goguen phase after the successful implementation of the Alonzo hard fork. Since