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Cardano (ADA) has been in a downtrend since March, forming lower highs and lower lows. Amidst broader market corrections in August, it also lost its position in the top 10 cryptocurrencies by market cap.
Cardano-based Yoroi Wallet has joined forces with a cryptocurrency cashback platform, Bring, allowing users to passively earn up to 10% ADA “while shopping with over 775 global retailers.” The collaboration offers a seamless way of earning ADA through daily purchases.
In the first quarter of 2024, Cardano's (ADA) price surged from $0.46 to $0.80 in under three months. This performance hinted at a run toward the $1 mark.
Token unlock today (Cardano) Cardano (ADA) Unlock date - Oct 22nd, 2024 Number of tokens unlocked- 18.53 million ADA (0.05% of its circulating supply) Current Circulating Supply - 35.72 billion ADA Previous token unlock - Oct 2nd, 2024 Cardano is a public blockchain platform. It is open-source and decentralized, with consensus achieved using proof of stake.
Cardano (ADA) price is currently at a crucial turning point, with mixed signals suggesting both potential gains and risks. The trend appears to be gaining strength, highlighted by the recent uptick in the Average Directional Index (ADX), which measures trend momentum.
Cardano [ADA], a top contender in the blockchain space, has struggled to maintain the same level of excitement and market momentum as its competitors. However, the winds of change may be blowing in Cardano's favor.
ADA's recent buying pressure could be losing steam.
Some coins have returned to the red zone by now, according to CoinStats.
Cardano, a prominent player in the blockchain space, has recently experienced a noticeable uptick in social media activity. This surge in engagement could signal a shift in sentiment that may benefit ADA, Cardano's native cryptocurrency.
He believes that in just a few decades, Cardano could surpass Bitcoin in popularity and importance. He even suggested that many governments around the world might use the technology behind Cardano to run their systems.
Charles Hoskinson envisions a bold future for Cardano, aiming for the network to surpass Bitcoin and Ethereum and become essential for government infrastructure.
The first month of Q4 2024 was expected to bring about the altcoin season. While the market is far from experiencing it, certain altcoins are still making waves for reasons beyond just investors' sentiment.
Cardano has been struggling with a lack of enthusiasm but that could be changing following recent surge in social activity.
Charles Hoskinson, the founder of Cardano (ADA), has unveiled an ambitious vision for the blockchain platform's future beyond the Voltaire era, or what has been called Cardano 2.0.
The price of Cardano (ADA) has been moving sideways and has fallen below the moving average lines.
As investors grow weary of volatile price swings in established cryptocurrencies like Cardano (ADA) and Solana (SOL), Lunex Network is rapidly gaining traction as a promising alternative.
Rick McCracken, a notable contributor to the Cardano ecosystem and operator of a staking pool with over 200 million locked ADA tokens, recently highlighted concerns regarding the Cardano community's approach to marketing and visibility.
Eric Balchunas, a senior ETF analyst at Bloomberg, expressed worries about Cardano's future in a recent post on X. He believes that Cardano is not living up to the high standards set by its founder Charles Hoskinson.
Cardano's ADA is currently under scrutiny as it faces mounting bearish pressures. With recent market movements signaling potential declines, investors and enthusiasts alike are eager to understand what this could mean for the future of this popular altcoin.
Cardano (ADA) continues to face challenges in the crypto market, with ongoing bearish trends pointing to potential price drops. Despite brief periods of stability, ADA has been unable to gain significant upward momentum, and recent technical patterns suggest that it could be heading for further losses.
Cardano (ADA) is currently navigating a challenging phase, with its price trapped in a tight range between $0.33 and $0.37. This lack of bullish momentum leaves its future uncertain, as mixed signals from market indicators have investors on edge.
Charles Hoskinson has said that the Cardano network will become “larger” than Bitcoin and Ethereum and provided a timeline for when this will happen. This came as the Cardano founder also made a case for why his network has an edge over other layer-1 networks, especially with the Voltaire era, which has ushered in decentralized
Charles Hoskinson's layer-1 blockchain Cardano recently entered the Voltaire Era and introduced on-chain governance using its native token ADA.
Cardano founder Charles Hoskinson is quite confident of what the Layer-1 blockchain network can achieve in a few years. He recently stated that the Cardano network will see the achievements of Bitcoin (BTC) and the Ethereum (ETH) network in the next 10 years.
