Cardano is gearing up for the Chang hard fork, which will mark the beginning of the Voltaire era by ushering in on-chain governance. This upgrade is set to empower ADA holders with the ability to directly participate in decision-making processes, thus bringing the platform one step closer to achieving a fully decentralized blockchain ecosystem. Cardano’s
Cardano
Amidst the overall downtrend in the crypto market, Cardano (ADA) has managed to stand out with its remarkable on-chain activity. The Cardano foundation reported a significant increase in on-chain activity for the blockchain in July, showcasing resilience and growing user engagement. The network saw a noteworthy uptick in transactions, reaching 94.6 million, indicating a 1.62%
It is evident that the Cardano ecosystem is experiencing a surge in activity, particularly among the token’s large holders. Data from market intelligence platforms such as IntoTheBlock and Santiment reveals that Cardano whales have been actively adding to their positions in recent days. This surge in whale activity is reflected in the massive transaction volume
Cardano (ADA) has been facing a downward trend after a significant drop last week, but there is a glimmer of hope in the form of a potential inverted hammer formation on the weekly chart. An inverted hammer typically indicates potential buying pressure overcoming early selling, which could signal a shift from a bearish to a
Cardano (ADA) has recently experienced a significant surge in Exchange Traded Product (ETP) inflows, surpassing expectations. According to CoinShares, a renowned firm in the crypto ETP industry, institutional investors have injected a substantial amount of capital into Cardano, setting the stage for a potential uptrend ahead of the Chang hard fork. This unexpected influx of
The U.S. Securities and Exchange Commission (SEC) has recently announced its decision to pause allegations that Solana (SOL), Cardano (ADA), and Polygon (MATIC) are unregistered securities. This move comes as part of the ongoing lawsuit against crypto exchange giant Binance, where the SEC has filed a joint status report in the U.S. District Court for
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 (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
