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Cardano

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano was founded by Charles Hoskinson, the co-founder of Ethereum. Development of the blockchain platform began in 2015 and was launched in 2017. 

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. 

Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano has a supply cap of 45 billion ADA. There are currently 32 billion ADA in circulation. ADA is the native token used on the Cardano network. 

Cardano is named after an Italian Renaissance mathematician, Gerolamo Cardano, and its native token ADA is named after Ada Lovelace, a 19th-century English mathematician sometimes credited as the first computer programmer.

Cryptocurrency analysts of Coinidol.com report, Cardano (ADA) has recovered from its low of $0.23.

Cardano Holds Above $0.26 Support On The Way Up

Bitcoin

Solana

Both tokens rose 3%, bitcoin and ether added as much as 1.2%, while bnb (BNB) rallied 1% after staving off concerns about contagion risks in the BNB Chain ecosystem.

SOL, ADA Lead Crypto Majors' Gains as Bitcoin Traders Move Past $1B Liquidation Event

NEAR Protocol

Despite today's market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.

Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains

Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.

XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as 'Buy the Dip' Mentions Fade

Ethereum

Cosmos

Polygon

Uniswap

The crypto market was lower to start the week after bitcoin posted its worst week since May.

Altcoins slide to begin the week while bitcoin and ether stabilize

Dogecoin

Litecoin

Shiba Inu

Ahead of the sharp crypto price crash, a former U.S.

Stark BlackRock Warning As Sudden $1 Trillion Crypto Market Crash Tanks The Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Litecoin, Solana, Tron And Shiba Inu Price

Cryptocurrency analysts of Coinidol.com report Cardano (ADA) fell and returned to the historical price level of June 10.

Cardano Finds Support On A Retest Of The Previous Low Of $0.26

Blockchain analytics platform Santiment says deep-pocketed investors are accumulating massive amounts of Cardano (ADA) despite a stalled crypto market. The analytics platform says that the number of wallets holding 100,000 or more ADA tokens has surged to 25,294, an amount not seen since April 2022.

Number of Cardano Whale and Shark Wallets Surge to 16-Month High Despite Bear Market: Santiment

Bernstein analysts have called stablecoins the "monster crypto killer-app" that could catapult the $125 billion market to almost $3 trillion in just five years

‘Monster Crypto Killer-App'—Crypto Suddenly Braced For A $2.8 Trillion PayPal Earthquake After Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Litecoin, Solana, Tron And Shiba Inu Price Boom

Crypto analytics firm Messari says that the Ethereum (ETH) competitor Cardano (ADA) displayed conflicting trends in the second quarter of 2023. In a new analysis, the analytics firm notes that Cardano clocked an average of 57,881 daily decentralized application (DApp) transactions, an increase of 49% compared to Q1. The Cardano blockchain also registered $151.

Ethereum (ETH) Competitor Cardano (ADA) Witnesses Surge in DApp Activity in Q2 As NFT Volume Slumps: Messari

Santiment says crypto wallets with $10,000 to $100,000 worth of Cardano (ADA) just accumulated the largest amount of ADA in nearly a year. Data from the market analytics platform show that whales and sharks stocked up an additional $116.1 million in the Ethereum (ETH) competitor since May.

Cardano (ADA) Sharks Accumulate to Highest Level Since September 2022, Says Analytics Firm Santiment

Cryptocurrency analysts of Coinidol.com report, Cardano (ADA) is in an upward correction after falling below the moving average lines.

Cardano Reaches Overbought Region And Challenges $0.30 High

Major cryptocurrencies experienced mixed trading on Wednesday evening as investors eagerly awaited the release of July's Consumer Price Index (CPI) in the United States. The CPI serves as a significant indicator of inflation and is set to be disclosed on Thursday.

Bitcoin, Ethereum, Dogecoin Mixed As SEC Plans To Appeal XRP Ruling: Analyst Says Solana Could Replicate Cardano's 2019 Bear Market Comeback

Top crypto trader Benjamin Cowen thinks Solana (SOL) could be in for some rough days ahead before making a big turnaround. Cowen tells his 784,000 YouTube subscribers that Solana has “a bit more resilient” than some other altcoins because of its heavy capitulation at the end of 2022.

Benjamin Cowen Says Solana (SOL) Could Repeat Cardano's (ADA) 2019 Bear Market Turnaround

Users are said to have lost varying amounts of funds by setting slippage too high due to a “misunderstanding.”

Cardano-Based MuesliSwap to Refund ‘High Slippage' Losses for Users

Ethereum (ETH) rival Cardano (ADA) has seen its total value locked (TVL) explode nearly 200% since the beginning of the year, crypto analytics firm Messari reports. TVL refers to the amount of capital deposited within a protocol's smart contracts and is often used to gauge the health of a crypto ecosystem.

Cardano Witnesses ‘Impressive' 198% Growth in Total Value Locked This Year Amid Price Decline: Analytics Firm

Blockchain load – a measure of how much data is contained in blocks over a certain period – rose to 50% in the second quarter from under 40% in the first. It peaked at 81% in May.

Cardano Blockchain Transactions Jumped 49% Last Quarter as ADA Sentiment Grew

China's Hong Kong has issued the first licenses under its new crypto regime opening up crypto trading to the mass-market

China Just Made A ‘Significant' Game-Changing Move That Could Be About To Hit The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Tron, Polygon And Solana

Cardano (ADA) price is falling and approaching the 50-day moving average line.

Cardano Is Plummeting On Way To Previous Low Of $26

The largest cryptocurrency by market cap is likely to remain stubbornly rangebound a little above $29,000, market analysts believe.

Bitcoin Drifts Near $29.2K, Unstirred by Macro Events; ADA, SOL, MATIC Steady in the Red

Bitcoin and major cryptocurrency prices—including ethereum, BNB, XRP, cardano, dogecoin, solana, polygon, tron and litecoin—have taken a battering from U.S.

Crypto Price Armageddon: Coinbase CEO Reveals A Stark Warning That Could Hit Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Solana, Polygon, Tron And Litecoin

Digital assets manager CoinShares says institutional investors are becoming more optimistic on altcoins despite Bitcoin (BTC) and the overall markets suffering outflows for the second week in a row. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that halfway through 2023, digital assets have seen almost half a billion in inflows.

XRP, Cardano (ADA) and Solana (SOL) See Institutional Capital Flows As Altcoin Sentiment Brightens: CoinShares

Crypto asset manager Grayscale has said it will take "any action necessary" to convert its flagship bitcoin fund to a fully-fledged U.S.

The ‘Most Important Thing'—‘Simultaneous' $15.5 Trillion Crypto Earthquakes Are Heading For Bitcoin And Ethereum After XRP-Led BNB, Cardano, Dogecoin, Litecoin, Solana, Tron And Polygon Price Boom

Cardano (ADA) creator Charles Hoskinson is announcing a new goal of onboarding five million new users onto the ecosystem's Lace wallet. In a new video, the chief executive of Input Output Global (IOG) provides an update to his 318,000 YouTube subscribers on Cardano's identity-focused project in Ethiopia that aims to archive students' academic records.

Charles Hoskinson Announces Goal to Onboard 5,000,000 People to Cardano's Lace Wallet

Cardano (ADA) price is falling, although it is still above the 50-day SMA.

News for Cardano Crypto (ADA)