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Charles Hoskinson asserts Cardano's dominance and innovative roadmap. ADA shows bullish reversal potential after breaking out of falling wedge pattern.

The recent Chang hard fork upgrade in September has positioned the Cardano (ADA) blockchain as the top player in the crypto ecosystem, according to its founder, Charles Hoskinson. Hoskinson, who is also known for his role in co-founding Ethereum (ETH), has consistently praised Cardano's progress over the past month following the recent upgrade, asserting its superiority over the largest cryptocurrencies on the market such as Bitcoin (BTC) in terms of decentralization.

Cardano's (ADA) price is desperately holding onto the $0.35 support level amid attempts to send the altcoin further down the charts. Despite this, ADA is struggling to generate the momentum needed to reverse its downtrend.

Crypto analyst Trend Rider has revealed the two paths that the Cardano price can follow to reach new highs. This comes amid ADA's underperformance, with the crypto token currently one of the worst-performing crypto assets since the start of the year.

Cardano founder Charles Hoskinson recently took to the X social media network to confidently declare that the popular proof-of-stake blockchain is still "number 1."

What are the main reasons why the Cardano price could reach its all-time high again in the coming months?

If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.

Cardano (ADA) breaks out of a falling wedge, targeting $0.380 as indicators flash bullish signals.

This week, we examine Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin in greater detail. Ethereum (ETH) Ethereum had a difficult week and closed with a 10% loss.

TL;DR Transition to HyperLedger Identus: Cardano has shifted from Prism to HyperLedger Identus, an Apache2 open-source framework designed for integrating decentralized identity solutions. Applications and Benefits: Cardano products like Midnight and Lace will leverage HyperLedger Identus for their identity needs, enhancing user privacy and data protection.

Over the past 24 hours, the Cardano price has found its footing with newfound momentum, up 2.27%.

With the altcoins season snapping back and the cryptocurrency market getting ready to accelerate, Cardano is witnessing something interesting. For the last week, as reported by Coinmarketcap, ADA has increased to more than 14%.

Input Output Global (IOG), the driving force behind the Cardano blockchain, has ceased the development of its ambitious Atala Prism project, an initiative that was previously intended to transform educational and identity management systems in Ethiopia.

Cardano (ADA) finds itself under scrutiny, with new data indicating a potential risk of a 30% price decline. According to insights from Santiment, a market intelligence platform, the combination of increasing selling pressure and decreasing demand has led to a bearish outlook for ADA.

Cardano has recently experienced a sharp decline in price, leading to widespread discussions within the cryptocurrency's community. According to recent charts and community posts, there has been a nearly 18% decrease in ADA over the previous three months.

As is now known, the SEC has officially appealed its case against Ripple following a historical ruling on Aug. 7, in which Ripple was ordered to pay a $125 million civil penalty, which was a lot less than the $2 billion the regulator was asking for. The motive is that the district court's decision goes against long-standing Supreme Court precedents and established securities laws.

The long-awaited testnet for Cardano's privacy protocol, Midnight Network, has finally gone live. However, it has failed to reignite interest in the blockchain's native coin, which continues its downward trend.

Cardano price breakout was cut short after the general market took a nosedive due to the Iran-Israel war escalation. In the meantime, Cardano has surpassed Solana (SOL) in terms of keyword search volume on YouTube, despite the latter seemingly being the most popular of the two.

Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave.

A crypto that drops like Cardano? It's not the end of the world, just 11% in 48 hours.

Cardano approaches a milestone moment, the crypto community is buzzing with anticipation over the unlocking of 18.53 million ADA tokens on October 2, 2024. This release, representing 0.5% of the total ADA supply, coincides with the network's seventh anniversary and its approach to an impressive 100 million transactions.

Bitcoin's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

Altcoin prices crumbled as Bitcoin fell to $60,000, but charts suggest buyers could step in soon.

Cardano (ADA) is under significant selling pressure, trading down by 6.46% at $0.3498, with investors hoping for a recovery above $0.37, bringing a large number of investors back into profitability.