Cardano (ADA) continues to record notable network growth since its Alonzo upgrade in September 2021. Recent reports show that the network added over 2,000 new holders every day for the last 30 days. The notable network growth is measured by examining new features and updates, as well as buyer interest. Data from Cardano Blockchain Insights […]
After one of its worst weeks in history, the Cardano (ADA) community recorded some goodish momentum as a Cardano enthusiast on Twitter noted that the network recorded its highest weekly volume since the peak of the last bull market. The Twitter user noted that Cardano also recorded its “largest wick since March 2020.” That said, […]
Cardano (ADA) continues to drag along as its woes appear to have no end in sight. Since the rally in March, analysts expected the altcoin to attract some new investors in the second quarter of 2022, however, this has not been forthcoming. Instead, the altcoin has lost almost 30%, erasing most of the gains made […]
On Tuesday, Cardano founder Charles Hoskinson took to his YouTube channel to explain to his followers how the upcoming network update would make Cardano much more efficient after the “Vasil” hard fork. At the start of his video, Hoskinson revealed that he was preparing for the forthcoming Consensus 2022, set to occur in Austin, Texas, […]
The Marketing and Communications Director of IOHK (Input Output Hong Kong), Tim Harrison, recently announced that Cardano (ADA) has been attracting a significant amount of interest, since its smart contract capability upgrade. Last September, the network implemented a mainnet upgrade (Alonzo) that allowed it to offer smart contract functionality to users, which was part of […]
According to a new survey by popular comparison website Finder, Cardano (ADA) has a ridiculously bullish future ahead of it. In its latest report, Finder reported that a surveyed panel of analysts believe that the smart contracts-powered token could hit $58, a 5,879% rally from its current price of $0.97, by 2030. The survey also […]
The Cardano (ADA) blockchain recorded a significant growth this year, which is observable from the boom recorded in the total number of wallets holding ADA. According to new data from Cardano Foundation, the ADA wallet count has grown by over 1,200% in a year, from 190K wallets in Christmas 2020 to 2.5 million wallets today. […]
Despite previous paintings of record highs by other top cryptocurrencies, Cardano (ADA) continues to struggle to record significant bullish strides, despite the recent implementation of Smart Contracts compatibility on the network. On September 2, ADA printed a fresh record high at $3.160, bringing its market valuation close to surpassing the $100 billion mark. However, the […]
ADA Price Analysis – October 19 A breakout at $2.30 resistance level may push the coin to $2.68 and $3.0. On the other hand, a breakout at the support level of $1.87 may reduce the price to $1.64 and $1.46 levels. However, the relative strength index is at 40 levels pointing down to indicate sell […]
