Cardano, a blockchain platform that has been gaining momentum in the cryptocurrency market, is on the brink of a significant milestone with the upcoming Chang hard fork. This pivotal moment comes after the recent upgrade of its node validation software, leading up to the live launch of the update. As the Cardano ecosystem braces itself
Cardano
Cardano (ADA) has been experiencing a significant seven-day decline, leading to a fresh descent below the $0.41 mark. This decline can be attributed to a broader trend seen across many altcoins, triggered by Ethereum’s recent drop. The correction is a result of a bullish run earlier in the month that generated favorable gains for ADA
Dalmas Ngetich is a prominent figure in the crypto industry, bringing with him a unique perspective shaped by his diverse background and extensive experience. With a specialization in NFTs, blockchain, DeFi, and blockchain news, Dalmas has been able to craft over 10,000 news and feature articles over the past eight years. His background in mechanical
Cardano, one of the top 10 largest cryptocurrencies by market cap, has been facing a profitability crisis despite the recent recovery in the crypto market. A significant number of Cardano holders are still experiencing losses, raising concerns and sparking discussions about the reasons behind this concerning trend. According to data from IntoTheBlock, Cardano is currently
Dalmas Ngetich, a seasoned crypto reporter, has brought a unique perspective to the industry. With a background in mechanical engineering and over a decade of experience in journalism, he has crafted over 10,000 news and feature articles over the past eight years. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC reflects his
Cardano (ADA) has recently experienced a 40% bounce back from its lowest point this month, but it still remains 45% below its peak earlier in the year. Despite being a major player in the cryptocurrency space, Cardano has been facing significant pressure in recent months. Data from DeFi Llama indicates a decline in developer interest,
Cardano (ADA) has experienced a significant 20.29% increase in price over the past seven days, aligning with the overall positive trend in the cryptocurrency market. This surge in price has been fueled by a surge in trading volume since hitting a low of $0.335 on July 8, outperforming many other cryptocurrencies with larger market capitalizations.
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The Cardano blockchain has experienced a period of quietness since the beginning of July, coinciding with a consolidation in ADA’s price. However, recent on-chain transaction data reveals an interesting development in whale activity. Cardano whales, who have been relatively quiet since the last week of June, saw a sudden spike in daily inflows earlier this
Cardano (ADA) has recently experienced a significant 3.4% price increase in the last 24 hours, marking a noteworthy uptrend in the cryptocurrency market. This surge in price comes amidst a broader recovery in cryptocurrencies such as Bitcoin and Ethereum, which have also seen slight gains of 2.5% and 2.2%, respectively. Bullish Reversal Potential Technical analysis
