Cardano Fans Pitch Bold, Surprising Treasury Spending Ideas
With Cardano Chang approaching, the community is shaping strategic decisions on treasury spending for the future.
Keep up with what's happening in the crypto world in real-time.
With Cardano Chang approaching, the community is shaping strategic decisions on treasury spending for the future.
Bitcoin's fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook.
Cardano (CRYPTO: ADA) blockchain is gearing up for its most substantial upgrade in two years, which will introduce new mechanisms allowing users to participate in on-chain governance. What Happened: The upgrade, named the “Chang hard fork,” marks a critical point in Cardano's development, following the highly anticipated addition of smart contract functionality in 2021.
The Cardano ecosystem is gearing up for a significant milestone with the announcement of the Chang hard fork date. Intersect, a member-based organization within the Cardano community, has disclosed that the hard fork working group has reached a consensus and agreed to upgrade the mainnet on Sept.
Cardano's (ADA) price decline reached a bearish exhaustion on August 5 with a low of $0.27. Price analysis by Coinidol.com.
This upgrade marks a crucial step in Cardano's evolution, following the introduction of smart contracts functionality in 2021. Cardano's Chang Hard Fork is set to bring transformative changes to the Cardano network, with a key focus on implementing on-chain governance features.
Although the price of Cardano (ADA) has been suffering amid the recent volatility in the cryptocurrency market, a major milestone in the network's roadmap is fast approaching, and the leading machine learning and artificial intelligence (AI) models are largely optimistic.
The Chang upgrade marks the beginning of the Voltaire Era, the final phase of Cardano's current roadmap.
Cardano (ADA) derivatives traders seem confident that the altcoin's price will soon recover much of its recent losses, according to data obtained by BeInCrypto from Coinglass.
The crypto scene is buzzing and prices are pumping; exciting times. Cardano (ADA), a top altcoin, is tipped by analysts to break $1. Meanwhile, Avalanche (AVAX) is being massively accumulated, hinting at future growth. Also on investors' radars is this new ICO: Intel Markets (INTL).
The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features.
Cardano (ADA) could be on the verge of a huge rally akin to what Solana (SOL) saw in early 2024, with analysts predicting that the ADA price could reach as high as $3 this bull market.
Cardano has seen a roller-coaster ride over the past few weeks. After a significant downturn, the altcoin has managed a partial recovery, bouncing back from a low of $0.29.
According to a recent report by data intelligence firm Messari, Cardano and its native token, ADA, experienced a notable decline in the second quarter (Q2) of 2024, reflecting the broader downturn affecting the cryptocurrency market. Key performance indicators also showed significant decreases in various metrics.
Cardano price slipped below a major resistance zone, and traders immediately began opening Shorts, anticipating lower prices. Meanwhile, the Binance exchange confirmed its readiness for the Chang hard fork, which was pushed forward to allow more exchanges to prepare.
Cardano coin has been an underperforming asset so far in 2024, registering a 38.8% year-to-end (YTD) loss. While the ADA price shows no signs of bottoming, Sei (SEI), TRON (TRX), and Dogecoin (DOGE) are crypto that could show a notable potential for a major reversal 3 Cryptos to Outperform as Cardano May Plunge in September
The Cardano network saw a notable increase in its "power users" in Q2, 2024, Messari's recent report, "State of Cardano Q2 2024," indicated.
Recently, the Carano price rally displayed an interesting move beyond the interim resistance, which suggested a move beyond $0.43. The volume turned in a bullish favour, which helped with the rise but the latest drop raised huge concern over the rally.
Cardano (ADA) has been trading below a descending trend line since May 20. Currently priced at $0.37, the altcoin's value has fallen by 24% during this period.
ADA traded at $0.37 at press time after witnessing a nearly 5% decline in 24 hours. Can the bulls turn the tide in their favor?
ADA Price struggles along with the rest of the market, having dropped 4.5% over the last 24 hours. The total crypto market cap is also down 1.7%, as most traders have turned bearish, anticipating a further decline.
Cardano founder Charles Hoskinson recently made a striking declaration during his keynote address at the Rare Evo 2024 conference, emphasizing the unmatched resilience and speed of the Cardano blockchain. In his characteristically bold style, Hoskinson compared the Cardano network to an indestructible armored vehicle with the speed of a Lamborghini, encapsulating the dual focus on security and performance that has driven the project since its inception.
During a keynote at Rare Evo 2024, Cardano founder Charles Hoskinson revealed a series of significant updates for the Cardano blockchain. Speaking to a diverse audience that included developers, stakeholders, and enthusiasts, Hoskinson outlined Cardano's next steps in technology development, governance, and global outreach.