Intersect, the organization overseeing the Cardano blockchain’s development, has recently issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for Chang Upgrade #1. This call stems from the need for crypto exchanges and decentralized apps to upgrade to node 9.1.0 and report their progress to ensure the success of
Cardano
The recent surge in Cardano’s trading volume has caught the attention of many investors in the crypto market. Data from various sources, including CoinGlass and CoinGecko, confirm a substantial increase in trading activity for ADA. In the span of just 24 hours, Cardano has witnessed a remarkable 150% surge in trading volume, totaling approximately $477
The recent crypto market crash, triggered by the decline in Bitcoin, has had a significant impact on altcoins like Cardano. While many investors may see this as a cause for concern, others view it as an opportunity to acquire Cardano at a discounted price. Crypto analyst Alan Santana is among those who believe that the
Cardano’s performance in July stood out amidst the overall crypto market downturn. The Cardano foundation reported a notable increase in on-chain activity, showcasing the network’s resilience and growing user engagement. Despite the broader market setbacks, Cardano continues to sustain and build momentum. The data provided by the foundation revealed that Cardano saw a modest yet
Cardano’s journey towards decentralization and innovation is divided into distinct phases known as “eras.” Each era is named after influential poets, mathematicians, or computer scientists and brings in new features through hard forks. From Byron to Shelley, Goguen to Basho, and now Voltaire, Cardano has been steadily progressing towards a fully decentralized blockchain ecosystem. The
Cardano (ADA) is currently witnessing a surge in transaction volume, comparable to that of Ethereum. This rise in transaction volume, as reported by the market intelligence platform IntoTheBlock, indicates a wave of accumulation among Cardano’s large holders. In the last 24 hours, Cardano recorded a substantial transaction volume of $6.7 billion, almost on par with
Cardano (ADA) is currently facing a crucial juncture as it grapples with the possibility of an inverted hammer formation on its weekly chart. This pattern symbolizes potential buying pressure taking over early selling, hinting at a trend reversal from bearish to bullish. However, amidst this glimmer of hope, ADA’s technical indicators are sending mixed signals.
Cardano (ADA) has recently experienced a significant surge in Exchange Traded Product (ETP) inflows, attracting the attention of institutional investors. The influx of capital from these investors suggests a growing interest in Cardano and could potentially signal an uptrend in the near future. CoinShares, a prominent firm in the crypto ETP industry, reported that digital
The recent decision by the U.S. Securities and Exchange Commission (SEC) to pause its allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities in the ongoing lawsuit against Binance has brought a temporary sense of relief to investors in these native crypto assets. The SEC filed a joint status report in the
The Cardano ecosystem is currently experiencing a surge in activity, particularly from large ADA holders known as whales. These whales have been actively moving ADA tokens, with recent on-chain data showing a peak of 17 billion ADA tokens being traded among whale addresses. This increase in activity has caught the attention of market observers, as
