Cardano, the blockchain platform founded by Charles Hoskinson, has announced a delay in the highly anticipated Chang hardfork. Originally scheduled for August 27, 2024, the hardfork will now take place on September 1, 2024. The reason for this delay, according to Hoskinson, is to give exchanges such as Binance more time to prepare for the
Cardano
Cardano has been the subject of numerous bullish predictions recently, especially in light of the highly anticipated Chang upgrade. This upgrade is touted as one of the most significant for the network in a while, sparking a wave of optimism among its supporters. The Bearish Trend Since 2021 Despite the optimism surrounding Cardano, the altcoin
Cardano (ADA) has experienced a significant price surge in the last seven days, gaining over 14% during this period. However, on-chain data suggests that investors who recently entered the market may be more inclined to secure their profits rather than hold onto their tokens. This is due to the fact that over an additional 12%
Ronaldo, an experienced crypto enthusiast, has spent over five years immersing himself in the world of cryptocurrencies. His journey began with a spark of curiosity that quickly transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Ronaldo’s dedication to staying up-to-date with the latest developments in the industry has granted him
Cardano has recently experienced a resurgence of bullish sentiments amidst a recovering crypto market, despite its persistent underperformance in comparison to other major cryptocurrencies. This uptick in optimism comes at a time when the broader market is showing signs of recovery, with Bitcoin reclaiming the $61,000 price mark. According to Santiment, Cardano’s weighted sentiment score
In a surprising turn of events, Cardano (ADA) has recently been dethroned from the top 10 cryptocurrencies by market capitalization, a position it had held for quite some time. Tron (TRX) has now taken the place of Cardano in this elite group, signaling a significant change in the dynamics of the crypto market. This unexpected
The journey of ADA, the native token of Cardano, has been a rollercoaster ride in the cryptocurrency market. At the peak of the 2020 to 2021 bull run, ADA reached a remarkable $3 in August, attracting significant attention from investors and traders. However, the activation of smart contracts through the Alonzo hard fork marked a
Cardano, once a prominent player in the cryptocurrency market, has now slipped out of the top 10 rankings by market capitalization. The primary reason behind this decline can be attributed to its overreliance on off-chain components, which compromise its decentralization. Unlike its competitors like Ethereum and Solana, Cardano has failed to maintain high network activity
The organization overseeing the development of the Cardano blockchain, Intersect, has put out an urgent call for decentralized application projects focused on the blockchain to speed up their preparations for the Chang Upgrade #1. This call to action is essential to ensure a smooth transition and maintain the integrity of the network. Importance of the
The recent surge in Cardano’s trading volume has caught the attention of many investors in the crypto market. The data from various platforms, such as CoinGlass and CoinGecko, indicates a significant increase in trading activity for ADA, the native token of Cardano. This surge has amounted to approximately $477 million in the last 24 hours,
