Cardano recently completed its highly anticipated Chang upgrade, signaling a monumental shift towards a decentralized governance system that empowers ADA holders to shape the network’s future. Named after the Chinese mathematician Ch’ang Shou, this upgrade introduces a variety of key changes aimed at enhancing Cardano’s governance structure and functionality. The upgrade paves the way for
Cardano
Cardano (ADA) has been facing a tough challenge in the cryptocurrency market, with its price growth remaining stagnant despite being a popular altcoin. Analysts have attempted to shed light on the reasons behind Cardano’s underperformance while also expressing optimism about a potential 1,000% surge in its price during the current market cycle. Cryptocurrency analyst Max
Cardano, a popular cryptocurrency platform, experienced a significant decline in the second quarter of 2024, according to a report by data intelligence firm Messari. The native token of Cardano, ADA, saw a notable drop in various key performance indicators during this period, reflecting the broader downturn in the cryptocurrency market. ADA’s price plummeted by 39.7%
A recent video chart analysis conducted by crypto analyst @XForceGlobal has brought attention to Cardano (ADA), a cryptocurrency that has been referred to as a “dinosaur coin” by many in the crypto community. The analysis focused on Cardano’s current position within the Elliott Wave cycle, suggesting a potential for a strong upward phase, known as
The Cardano (ADA) community is buzzing with excitement as the highly anticipated Chang hard fork is set to launch soon. Intersect, a member-based organization for the Cardano ecosystem, has provided detailed updates on the upcoming upgrade. The organization has revealed key dates for the Chang hard fork launch, indicating that preparations are almost complete. The
Cardano recently announced that the highly anticipated Chang hardfork will be delayed until September 1, 2024. This decision was made to allow platforms like Binance more time to prepare for the upgrade. According to Charles Hoskinson, the delay is necessary to ensure a smooth transition and to give all stakeholders ample time to make the
In recent times, Cardano has been the subject of numerous bullish predictions, particularly in the context of the highly anticipated Chang upgrade. This upgrade is seen as a significant milestone for the network, sparking a wave of optimism among its supporters. One such optimistic prediction comes from crypto analyst Alan Santana, who envisions a substantial
Cardano (ADA) has seen a significant price surge in the last seven days, gaining over 14% during this period. However, despite these gains, on-chain data suggests that investors may be preparing to sell off their holdings. The recent price surge has led to over 12% of Cardano’s supply being in profits, indicating that investors who
Ronaldo’s journey into the world of cryptocurrency began with a spark of curiosity that evolved into a deep passion for understanding the intricacies of this groundbreaking technology. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the nascent and ever-evolving industry. One of Ronaldo’s defining areas of
Cardano, a cryptocurrency that has been lagging behind in performance when compared to the broader market, is suddenly showing signs of a bullish revival. This surge in positive sentiment is quite significant, especially in the current market climate where Bitcoin has crossed the $61,000 mark, leading to renewed optimism in the cryptocurrency space. Despite recently
In a surprising turn of events, Cardano (ADA) has recently been dethroned from its position in the top 10 cryptocurrencies by market capitalization. The once-popular altcoin has lost its coveted spot to Tron (TRX), signaling a significant shift in the crypto market landscape. According to data from CoinMarketCap, Cardano’s market capitalization has seen a sharp
The popularity of ADA, the native token of Cardano, surged during the 2020 to 2021 bull run, reaching an all-time high of $3 in August. However, the subsequent activation of smart contracts on the Cardano network following the Alonzo hard fork marked a turning point. Despite initial optimism, ADA has experienced a significant downtrend in
Cardano, once a prominent player in the top 10 cryptocurrencies, has now slipped out of that list, facing significant challenges along the way. One of the contributing factors to Cardano’s decline is its reliance on off-chain components, which undermine its decentralization efforts. This, coupled with low network activity compared to competitors like Ethereum and Solana,
The Intersect organization, which oversees the development of the Cardano blockchain, has issued an urgent call for decentralized application projects on the blockchain to accelerate their preparations for the upcoming Chang Upgrade #1. This call to action comes after an announcement on August 17th, where Intersect revealed that more than 80% of stake pool operators