Cardano (ADA) Bull Run Finally Here? Buyers Eye $0.40 and Even Beyond
Cardano surprised the market with a quick rush to the 37 cents resistance. At this rate, a breakout is in the cards.
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Cardano surprised the market with a quick rush to the 37 cents resistance. At this rate, a breakout is in the cards.
The bulls are accumulating strength as the top cryptos like Bitcoin & Ethereum have raised over a certain range and are trying hard to sustain above the range. While ETH price juggles around a crucial range, other altcoins like Polygon (MATIC) & Cardano (ADA) are displaying acute strength.
A pro-Cardano YouTuber highlighted a new feature on the blockchain that would allow ADA stakers to earn an additional 30% in staking rewards via the protocol's Staking Baskets.
Chang is coming, and it would seem that Cardano's community is ready to welcome it now!
Cardano (ADA), the native cryptocurrency of the eponymous proof-of-stake network, has managed to return to the top 10.
A bullish pattern appears on Cardano's daily chart, and a breakout might result in a 2x growth.
Cardano (ADA) has seen a strong rally over the past week, up nearly 15% amid a broader recovery in the cryptocurrency market. The price spike also comes on the heels of Wednesday's announcement of the final launch date for the blockchain's much-anticipated Chang hard fork upgrade.
Cardano price is currently surging as it seeks to reclaim 11th place ahead of Justin Sun's Tron Network (TRON), which Sun believes can reach $4 billion in revenue with his new strategy. ADA bulls have returned in full force, driving the price up 8.1% in the last 24 hours to $0.3719.
Cardano (ADA) has recently captured the attention of the crypto community, with its price surging by 8.38% over the past three days. This rally comes amidst a backdrop of significant network developments, particularly the growing success of Cardano's Hydra scaling solution.
Cardano (ADA) has gained slightly to trade at $0.37 at the time of writing. The coin could be set for even more gains after Cardano developers confirmed the date for the Chang Hard Fork, which will usher in the Voltaire Era and make the network more decentralized.
The spot Bitcoin ETFs have continued to attract inflows, suggesting that the long-term bullish view remains intact.
The price of Cardano (ADA) has resumed its uptrend above the 21-day moving average line as it enters the oversold territory.
Cardano eyes tentative date for the Chang hard fork, while Charles Hoskinson stresses the crucial shift towards decentralized governance.
Cardano (ADA), Toncoin (TON), and Avalanche (AVAX) are emerging Solana rivals to buy, as the SOL price signals a continuation of a sideways trend. Over the past five months, the Solana coin has wavered around the $160 level, projecting a lack of luster performance.
Charles Hoskinson, co-founder of Input Output Global and the Cardano blockchain ecosystem, has laughed off recent slander of ADA and Ripple's XRP from Raoul Pal.
TL;DR Launch Date Announced: Charles Hoskinson has officially announced that the highly anticipated Cardano Chang fork will launch on August 27, 2024, marking the beginning of the Voltaire era. Key Features: The Chang fork will introduce community-run governance and on-chain community consensus, allowing Cardano (ADA) holders to vote on proposals and shape the blockchain's future.
Cardano (ADA) may finally end its consolidation period, as a critical indicator has turned bullish. The ADA price has been trading sideways in the past few weeks, with no prominent signs of gains.
The price of Cardano (ADA), the 11th largest cryptocurrency by market capitalization, is trading up amid mixed price action on the general crypto market.
The crypto market has been constantly recording volatile price action over the past few days. This has created a Fear, Uncertainty, and Doubt (FUD)-like situation in the crypto space. Moreover, the market leader, Bitcoin's price, is currently valued at $59,168 with a 24-hour change of -2.27%.
It appears that positive sentiment for Cardano outweighs that for Ripple as a critical upgrade is nearing.
Intersect, a key member-based organization dedicated to the Cardano ecosystem, has announced the official timeline for the upcoming Chang hard fork via X. This update is pivotal in the ongoing development of the Cardano network, aimed at enhancing protocol efficiency and governance mechanisms.
Raoul Pal said that Cardano and Ripple have no innovative edge and losing ground to other emerging projects. Investors are eagerly awaiting for the Cardano Chang hardfork which will bring a community-driven governance model.
Cardano has fallen out of the top 10 cryptocurrencies by market cap, replaced by Tron
Intersect, a Cardano membership organization, has proposed the Chang hard fork for implementation on Aug. 27. In an Aug. 20 post, Intersect explained that its proposal was based on a thorough review of the project's progress, community feedback, and the Chang hard fork working group's sentiments.
