Cardano (ADA) has experienced a significant decline in developer interest and activity recently. According to DeFi Llama, the number of monthly developer commits has dropped from 3,380 in May to 3,300 in June, and currently stands at less than 2,000 this month. This indicates a lack of enthusiasm and innovation within the Cardano ecosystem, leading
Cardano
Cardano (ADA) has experienced an impressive 20.29% surge in price over the past seven days, aligning with the current positive momentum in the overall cryptocurrency market. This surge has been accompanied by a significant increase in trading volume, allowing ADA to outperform many other major cryptocurrencies with large market capitalizations. The primary reason behind ADA’s
Born and raised in Edo State, Nigeria, I have always been surrounded by a strong support system that has molded me into the person I am today. My family, consisting of my parents and three siblings, has been the pillar of strength in my life. Their unwavering support and guidance have been instrumental in shaping
The Cardano blockchain has been relatively quiet since the beginning of July, alongside an ADA price consolidation. As per on-chain transaction data, Cardano whales have also been relatively quiet since the last week of June. Daily whale inflows have steadied under 5 million ADA since the beginning of the month, save for a recent spike
Cardano (ADA) has recently experienced a significant 3.4% price increase in the past 24 hours, signaling a potential bullish reversal. This surge comes at a time when the broader cryptocurrency market is also showing signs of recovery, with Bitcoin and Ethereum seeing slight gains of 2.5% and 2.2% respectively. Technical analysis suggests that Cardano has
Samuel Edyme, popularly known as HIM-buktu, is a multi-talented individual with a diverse skill set. His career as a web3 content writer, journalist, and trader has shaped him into a unique individual in the crypto space. With experience writing for various industry giants such as AMBCrypto and Blockchain.News, Edyme has made a name for himself
A recent analysis by a crypto expert has brought to light a promising technical pattern in the Cardano price movements. This pattern suggests the possibility of a substantial rebound in the near future. This positive outlook has been further supported by another analyst who believes that Cardano may have already hit its lowest point and
The recent distributed denial of service (DDoS) attack on the Cardano network showcased the network’s resilience in the face of malicious activities. Despite the attack, Cardano’s mechanisms and decentralized structure effectively mitigated the disruption, ensuring uninterrupted stability and operation. This demonstration of resilience has garnered praise from bullish investors and renewed confidence in the price
The world of cryptocurrency and blockchain technology is a rapidly evolving landscape that requires clear and concise explanation for readers from all walks of life. One such prominent figure in the industry is Scott Matherson, a crypto writer at NewsBTC known for his ability to capture the pulse of the market with precision. Scott’s dedication
Market traders have noted a recent trend in heavy shorting of Cardano (ADA) and XRP, two cryptocurrencies that have been struggling to gain bullish momentum. The on-chain analytics platform Santiment highlighted this factor in a recent X post, suggesting that the increased short positions on these tokens could actually serve as “rocket fuel” for their
Crypto analyst Sebastian recently made a bold prediction, suggesting that Cardano (ADA) could potentially reach $3 this year. One of the key factors he pointed to was Cardano’s partnership with Argentina. The Cardano Foundation’s collaboration with Entre Ríos, a central Argentine province, aims to boost blockchain adoption in the country. This move not only benefits
Charles Hoskinson recently shed light on the ongoing rumors surrounding a potential partnership between Cardano and Elon Musk. Despite numerous attempts to reach out to Musk’s companies, such as X (formally Twitter), Hoskinson expressed disappointment over the lack of response. Offering free work to combat prevalent issues like fake accounts and bots, his team’s efforts
Blockchain services provider STORM Partners recently made a significant announcement during the Web3Fest event in Switzerland’s renowned “Crypto Valley.” The company, along with major projects like Cardano (ADA) and MultiversX, introduced “Lightningbox,” a new Web3 Sandbox. This initiative marked a pivotal moment as STORM Partners also decided to relocate its headquarters from Montreux to Geneva.
Cardano, a prominent cryptocurrency, has been the subject of optimistic forecasts from various crypto analysts. One notable analyst, known by the handle @Av_Sebastian on X (formerly Twitter), has predicted a significant surge in the price of Cardano (ADA) to $2. This projection is primarily attributed to the upcoming Chang upgrade, which has generated excitement within