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.

The price of Cardano (ADA) resumed its downward correction after being dumped at the high of $0.52. In the previous price action, buyers pushed the altcoin above the moving average lines as it rallied to the high of $0.52.

Cardano Slumps as It Faces Selling Pressure at $0.52

Ethereum

Avalanche

Ethereum Classic

With The Merge coming next week and Cardano's Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart contract crypto assets today has increased 44.

In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum's Merge

Retail trading giant Robinhood is working on enabling external transfers for the Ethereum (ETH) competitor Cardano (ADA). The firm, which cited customer demand as its reason for listing the ADA earlier this month, is again listening to a customer request on Twitter to be able to transfer Cardano.

Robinhood Working To Provide Transfers for Cardano (ADA) and All Other Crypto Assets on Its Platform

The Sandbox

Cardano was one of Saturday's notable gainers, with the token surging to a three-week high. The sandbox was also in the green, rising to a multi-week peak, as sentiment in the cryptocurrency market remains mostly bullish. Overall, the global crypto market cap is up nearly 2% as of writing.

Biggest Movers: ADA, SAND Surge to Multi-Week Highs on Saturday

Stanford University could soon come up with cutting-edge blockchain innovation through a new $4.5 million partnership with Cardano (ADA) developer Input Output Global (IOG).

Cardano (ADA) Developer IOG Partners With Stanford University To Launch Blockchain Research Hub

The host of YouTube crypto channel Coin Bureau has bullish sentiment for smart contract platform Cardano (ADA) despite current headwinds. In a new video, the analyst known as Guy tells his 2.1 million subscribers that ADA could surge by more than twice its current value after it plunged by over 50% since May.

Cardano (ADA) Could Explode by Up to 110%, According to Coin Bureau Host – Here's His Timeline

Cardano (ADA) founder Charles Hoskinson says the true worth of crypto projects is not being reflected in the prices of their respective tokens. Hoskinson says that Cardano and “many other” crypto projects have strong fundamentals but the market is painting a different picture.

Cardano Creator Charles Hoskinson Says Crypto Markets Are Disconnected From Reality Amid ‘Sea of Red'

The price of Cardano (ADA) is in a sideways trend, but has resumed selling pressure after rejecting the $0.51 high. On September 4, buyers pushed the altcoin above the moving average lines but failed to sustain the bullish momentum above it.

Cardano Continues Its Sideways Move as It Faces Stiff Resistance at $0.51

The host of the Coin Bureau YouTube channel is expressing bullish sentiment on two altcoins, starting with Cardano (ADA). The Coin Bureau host tells his 2.1 million YouTube subscribers that the seventh-largest crypto asset by market cap is likely to appreciate by about 20% from the current levels ahead of the Vasil upgrade.

Rallies Coming for Cardano (ADA) and One Additional Altcoin, According to Coin Bureau

Some analysts said impending monetary tightening could add to a global rout across major asset classes such as equities and crypto.

Ether, Cardano Lead Steep Crypto Slide Amid Dollar Strength

Modern Portfolio Theory and the Crypto Portfolio The post Cardano's Vasil Upgrade and ADA Price Potential appeared first on Bitcoin Market Journal.

Cardano's Vasil Upgrade and ADA Price Potential

Shiba Inu

A closely followed crypto analyst is predicting a price surge for Cardano (ADA) while updating his forecasts for Ethereum (ETH) and Shiba Inu (SHIB). The pseudonymous analyst Altcoin Sherpa tells his 182,600 Twitter followers that he believes smart contract platform Cardano is in a sideways accumulation phase and that a rally close to $0.

Top Crypto Analyst Predicts Rally for Cardano (ADA), Updates Outlook on Ethereum (ETH) and Shiba Inu (SHIB)

A widely followed crypto analyst says Cardano (ADA) is likely to surge leading up to the smart contract platform's upcoming Vasil hard fork upgrade. Crypto trader Benjamin Cowen tells his 767,000 YouTube subscribers that while ADA is in a clear bear market, the Ethereum (ETH) challenger could soon jump to as high as $0.60.

Analyst Benjamin Cowen Sets Cardano (ADA) Price Target As Critical Vasil Upgrade Approaches

A popular crypto analyst believes that September will be a good month for a handful of altcoins including Cardano (ADA) and XRP. Michaël van de Poppe tells his 624,800 Twitter followers that the much-anticipated update for Cardano could be the catalyst that propels ADA to a level not seen since February this year.

Top Crypto Strategist Predicts September Rallies for Cardano, XRP and Three Additional Altcoins

Here's a weekly report on some of the biggest moves in crypto markets, with commentary by industry experts. The post Ether and ada in the green ahead of respective upgrades: This week in markets appeared first on The Block.

Ether and ada in the green ahead of respective upgrades: This week in markets

Cardano (ADA) creator Charles Hoskinson is revealing what's next for the Ethereum (ETH) rival's blockchain after the highly anticipated Vasil upgrade. In a new video, Hoskinson confirms the release date of the Vasil hard fork, an upgrade that aims to increase the scalability of Cardano.

Here's What's Coming for Cardano (ADA) After Big Vasil Upgrade, According to Creator Charles Hoskinson

Bitcoin

A crypto strategist who nailed this year's meltdown in the digital asset markets says rallies are in sight for Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA).

Top Analyst Who Called Crypto Collapse Says Rallies Imminent for Bitcoin, Ethereum and Cardano

While The Merge is expected to take place in just over ten days' time, Cardano's hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS).

Input-Output Global Devs Reveal Cardano's Vasil Hard Fork Is Scheduled for September 22

Cardano's upgrade, dubbed the vasil upgrade, now has a firm date of Sept. 22. The post Cardano Foundation and Input Output announce date for vasil upgrade appeared first on The Block.

Cardano Foundation and Input Output announce date for vasil upgrade

Filecoin

Despite a largely volatile session, there have been a few tokens which managed to evade the red wave. Cardano rose to its highest level in over a week to start the weekend, as prices moved toward a key resistance level.

Biggest Movers: ADA Rebounds, While FIL Hits 2-Week High on Saturday

The development team behind Cardano (ADA) is confirming the date of the smart contract platform's much-anticipated Vasil hard fork upgrade. Input Output Hong Kong (IOHK), the team behind the Ethereum (ETH) challenger, says the update will go live on September 22nd. “VASIL UPGRADE: DATE CONFIRMED.

Input Output Hong Kong Confirms Official Date of Cardano's Vasil Hard Fork Upgrade

Cardano founder Charles Hoskinson says the Vasil hard fork was “the hardest update we've ever had to do.”

Cardano Vasil Hard Fork Gets a Hard Date

The creator of smart contract platform Cardano (ADA) is clearing the air on the crypto project's stance on burning tokens. In response to a social media user who had accused him of “ignorance,” Charles Hoskinson says that burning coins is tantamount to destroying other people's property.

Cardano Creator Charles Hoskinson Clarifies Crypto Project's Position on Burning ADA To Reduce Supply

Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round. The Women's World Banking Capital Partners II led the round in which the Cardano blockchain builder Input Output Global also participated.

Kenyan Fintech Pezesha Raises $11 Million in Pre-Series a Round Backed by Cardano Blockchain Builder

Retail trading giant Robinhood is kicking off the new month by adding a top-10 crypto asset to its trading roster. In a new announcement via Twitter, the firm says that scalable decentralized blockchain Cardano (ADA), prompted by customer demand, is now live on the Robinhood platform.

News for Cardano Crypto (ADA)