Cardano network has seen notable traction in terms of total locked value (TVL) that has been on a steady rise since the beginning of the year. DeFi TVL on Cardano Skyrockets The latest stats from DeFi TVL aggregator Defi Llama suggests the total value locked (TVL) on Cardano’s decentralized finance (DeFi) protocols has broken a...Read More
March 8, 2022– Bashoswap, a Cardano-based project, announces the launch of the development of its innovative features as the ecosystem begins the private sale of its native token $BASH. Advertisement Bashoswap intends to provide an IDO launchpad and a decentralized exchange platform to help link Cardano developers and early community members of the ecosystem, allowing for...Read More
The Nordic-based financial technology firm – Lunar – closed a $77 million financing round. The organization reached a valuation of $2 billion and introduced a cryptocurrency trading platform. Lunar Dives Into The Crypto Industry The Danish company Lunar secured a $77 million Series D-2 funding round, bringing the series’ total to $310 million. The investment...Read More
AdaSwap – one of Cardano’s first decentralized finance (DeFi) protocols – recently raised $2.6M to build a new decentralized exchange (DEX) native to the developing blockchain. Funding was led by iAngels – a female-led Venture Capital firm – and included nine other leading VCs such as Shima Capital, Pluto Digital, and Coti. Even the producer,...Read More
The Cardano blockchain will have its first ZK rollup layer 2 solution – Orbis. The main objective is to support decentralized finance (DeFi) applications and a thriving blockchain ecosystem. A Wave of ZK Companies The official blog post by the team behind the protocol explained that Orbis offers the level of scalability and transaction throughput...Read More
The Cardano network is now in the second position to Bitcoin, thereby outpacing both Litecoin as well as its rival smart contract platform Ethereum in terms of 24-hour transaction volume. Cardano’s On-chain Activity According to the data curated by Messari, over the past day, the Cardano blockchain registered a transaction volume of a whopping $17.04...Read More
The Cardano(ADA) price had plateaued after falling down from a huge mountain. The top 6th crypto asset in recent times has accumulated significant gains and may continue surging high testing upper price zone. In the short-term the asset may face an interim drop, yet in the long-term, ADA price is extremely bullish. Advertisement The ADA...Read More
The cryptosphere’s sixth-largest continues to be in talks of the industry, which has been since the start of the year. With one or the other events, upgrades, and announcements, Cardano has been holding to the spotlight. Advertisement The protocol this time around has been making a buzz, with the announcements regarding improvements of its open-source...Read More
The number of unique wallets on the Cardano blockchain holding ADA has hit a new all-time high, surpassing the previous record from December 2021. ADA Wallets Hits 3 Million In a tweet today, the Proof-of-Stake blockchain announced that it had hit 3 million ADA wallets less than two months after it recorded a total number...Read More
The Cardano price is currently undergoing a crucial phase where-in it is on the verge of breaking through the consolidation. And at the same time, the ADA price is also feared to undergo a serious squeeze that could hinder the rally, compelling it to hover within the consolidation itself. Hence the upcoming hours may be...Read More
Input Output Hong Kong (IOHK), the research and development company behind the Cardano blockchain, has announced that the network is on track to increase its block size by 11%. Increasing Cardano’s Block Size to 80KB Announcing the new update via a tweet on Wednesday, IOHK noted that the proposal will see the total block size...Read More
The folks from the global crypto market have been on a probe to make the most out of the year. As the year is yet to open the doors for the bulls, for a lunar odyssey. While top-tier assets are always under the active consideration of investors and traders. The sixth-largest crypto Cardano has been...Read More
The most recent price plummets in the cryptocurrency market have not deterred large investors from accumulating more portions of certain assets. This became evident for Cardano’s native token, as on-chain data revealed that some ADA wallets have more than doubled their holdings in less than two weeks. ADA Appetite Increases With Lower Prices It’s safe...Read More
The global crypto market despite being under the shadows of bears. Has been witnessing numerous events that have been escorting sighs of relief. While Bitcoin and Ethereum are yet to build up the buzz, several other cryptos are now raising their bars in the industry. Advertisement Successively, the industry’s sixth-largest crypto has been stealing the...Read More
The global crypto market cap of the cryptoverse has been on shaky grounds, with a weakening of its local supports. The heavy market crash which was not seen after March 2020, has wiped out over $400 billion in market cap in just 48 hours. With no significant gains in 2021, Bitcoin and Ethereum have lost...Read More
Advertisement Over the last 24 hours, the market has turned green as more downside has been refused across the board. Bitcoin and Ethereum, the market leaders, have risen 0.2 and 0.4 percent, respectively. Cardano’s price had declined earlier this week and had lost almost 40 percent dropping down to $0.91 level. Early yesterday, there was...Read More
The Cardano community and the rest of the crypto industry were excited when smart contracts were enabled on the network following its Alonzo upgrade last year. However, there have been some minor issues since then. SundaeSwap Goes Live on Cardano Four months later, the first Cardano-based decentralized app (dApp), SundaeSwap, launched its mainnet on January...Read More
The Cardano Foundation teamed up with its official commercial arm – EMURGO – to launch a joint project. The main goal is to support the ecosystem of the blockchain protocol and accelerate decentralized application development. ‘We Want to Ensure We Enable The Architects of The Future’ According to a recent blog post, the project will...Read More
Bitcoin price continues to plunge, building huge bearish momentum that could drag the price close to the crucial support levels around $40,800. No doubt the selling volume is not accumulated that could drag the price down, but there is no buying volume at all and hence a slight selling could drag the price down. Advertisement...Read More
The Cardano Foundation – a non-profit leading Cardano’s development – has reached its first milestone towards land restoration in Kenya. It has successfully planted over 1 million trees, each of which will be recorded on the Cardano blockchain. Trees for TREE token Cardano Foundation CEO Frederik Gregaard announced the achievement on Sunday. He said that...Read More
The cryptocurrency market today saw mixed results, although market leaders Bitcoin and Ethereum still did not see any major gains. While the majority of the Altcoins traded in red. Bitcoin (BTC) Amidst all the hush-hush in the market popular analyst and trader Micheal Van De Poppe sees optimistic indicators for Bitcoin. In a series of...Read More
Bitcoin and Ethereum are struggling very hard to maintain above $41,000 and $3,100 resp, diving the entire crypto space into rock-bottom levels. However, the top 6th crypto asset, Cardano maintains strong above the crucial levels, yet it may also tremble down very soon. The asset is testing these levels multiple times during its rally and...Read More
Samsung – one of the world’s leading technology companies and a smartphone behemoth brand – has teamed up with Veritree to combat the adverse effects of climate change. According to an official blog post, Samsung Electronics America is launching a new project designed to act in support of a healthier climate and planet. The company...Read More
In 2021 Cardano price has gained over 940 percent and the coin is ranked at number seven on the leaderboard. Although there have been a lot of fluctuations recently, the Cardano system did not stop growing and expanding. While a lot of traders and analysts questioned the future of Cardano the leading cryptocurrencies active addresses...Read More
Charles Hoskinson, the founder of Cardano – one of the world’s leading blockchain projects – laid out some thought on the last day of 2021. Yesterday, he went live on an hour-long YouTube video, talking about the past, the present, and the future of Cardano and the industry as a whole. One of the things...Read More
While the cryptocurrency industry has been extremely volatile this year, Arcane Research’s forecast for 2022 indicates that the sector will be much more volatile. According to the specialised crypto research and analytics organisation, XRP and Cardano (ADA) are anticipated to slide out of the top 10 crypto rankings in 2022. This bold statement was made,...Read More
Cardano is one of the cryptocurrency ecosystem’s fastest-growing initiatives. It has gotten a lot of attention because of its enormous potential. Notably, the project’s larger community is quite optimistic. ADA, the project’s native crypto asset, has increased by more than 850 percent in the last year. At the time of writing, Cardano price was trading...Read More
Over the last 24 hours, the broader cryptocurrency market has experienced conflicting market mood, but the regime has been encouraging. The gains, however, are minor, with most coins reporting earnings of less than 1%. With gains of 11 and 13 percent, Sandbox and Enjin Coin are the top gainers. ADA Price Action Cardano also shows...Read More
Over the last two weeks, Cardano has created a base of support at $1.2 and has broken through the $1.3 range, which has provided significant resistance to the price recently. A longer-term trendline resistance, which dates back to early November, was also broken during this advance. The market capitalization of ADA increased by 5.02 percent,...Read More
Cardano, the sixth-largest cryptocurrency by market capitalization, had a strong year, outperforming both Bitcoin and Ethereum with a bullish performance of 828 percent. The token price appears to be being taken over by the bulls. Before the recent turn of events, the ADA coin remained in a state of neutrality. ADA is currently trading at...Read More
