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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.

Solana

Digital assets manager CoinShares says XRP, Solana (SOL) and another Ethereum (ETH) rival are being favored by institutional investors in 2023 so far. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors have poured more money into Solana, XRP and Cardano (ADA) this year than any other altcoin, including ETH.

Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

A widely followed crypto strategist believes Cardano (ADA) is close to making a steep move to the downside. Analyst Benjamin Cowen warns his 787,000 YouTube subscribers that Cardano appears to be on the verge of breaking below a key support level on the weekly chart after retesting it several times since December 2022.

Cardano on the Cusp of a ‘Decisive Move' to the Downside, Says Top Analyst Benjamin Cowen – Here's the Timeline

A popular crypto analyst says Ethereum (ETH) challenger Cardano (ADA) may be approaching a long-awaited breakout moment. Ali Martinez tells his 31,100 followers on the social media platform X that ADA could move above the upper bound of an enduring consolidation range as early as December.

Here's When Ethereum Competitor Cardano May Witness Long-Awaited Breakout, According to Crypto Trader

The latest price analysis by Coinidol.com report, Cardano (ADA) price is falling below the moving average lines.

Cardano Bounces As Altcoin Stagnates Above $0.245

Blockchain analytics firm Santiment says that Ethereum (ETH) rival Cardano (ADA) just reclaimed the top spot in a ranking of development activity. According to the market intelligence platform, Cardano recorded 611.47 notable GitHub commits in the past 30 days, leading all other crypto projects.

Cardano (ADA) Regains Top Spot in Development Activity, According to Crypto Analytics Firm Santiment

On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender.

What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano

Toncoin rebounded from a three-week low on Thursday, as the cryptocurrency collided with a key support point. The move comes despite the global crypto market mostly consolidating during today's session. Cardano was another notable mover, rallying away from a support point of its own.

Biggest Movers: TON, ADA Rebound From Recent Points of Support

The latest price analysis by Coinidol.com report, Cardano (ADA) price, which was trading horizontally, has now risen above the moving average lines.

Cardano Gains, But Stops At The High Of $0.27

Bitcoin

Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.

Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump

Crypto analyst Nicholas Merten is concerned over the potential price corrections for major cryptocurrencies, including Cardano (CRYPTO: ADA), Ripple (CRYPTO: XRP), and Binance Coin (CRYPTO: BNB). "I think this is going to come down in history as one of the biggest distribution patterns in the history of crypto," Merten commented.

Cardano, XRP And Binance Coin Are On The Brink Of A Downturn, Crypto Analyst Warns

A widely followed crypto analyst is warning that several altcoins could soon undergo severe market corrections due to one main factor. In a new strategy session, DataDash host Nicholas Merten tells his 512,000 YouTube subscribers that declining market liquidity could send Cardano (ADA), XRP and Binance Coin (BNB) much lower.

No One's Prepared for Massive Cardano, XRP and Binance Coin Correction, Says Crypto Analyst Nicholas Merten

Cryptocurrency price analysis brought by Coinidol.com. The price of Cardano (ADA) has gradually returned to its previous level of $0.23.

Cardano Falls As Bears Target $0.23 Support Again

Dogecoin

“All financial markets have taken a wait-and-see approach ahead of monetary policy decisions in the U.S., Switzerland, the U.K. and Japan,” one analyst said.

Bitcoin Holds Above $27K; XRP, ADA, DOGE Trade Little Changed

Ethereum

Digital assets manager CoinShares reports that Cardano (ADA), Solana (SOL) and XRP products are bucking the trend of an otherwise pessimistic institutional investment climate. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says investors are currently less optimistic as reflected in outflows over eight of the last nine weeks totaling over $450 million.

Cardano, Solana and XRP See Institutional Inflows While Bitcoin and Ethereum Investments Slide: CoinShares

Digital asset investment products saw outflows of $54 million last week, adding to a near $0.5 billion in nine-week aggregate outflows.

Crypto funds hit half-billion dollar outflow streak as Solana, Cardano and XRP buck trend

Cryptocurrency price analysis brought by Coinidol.com. The price of Cardano (ADA) reaching a low of $0.255.

Cardano Loses Ground But Approaches $0.25

As Coinbase﻿﻿ chief executive Brian Armstrong reveals the platform will integrate bitcoin's payment-focused lightning network, Mizuho analysts have warned an "unprecedented" decoupling could be about to cause crypto price chaos

Coinbase CEO Reveals ‘Important' Bitcoin Update As ‘Unprecedented' Price Warning Hits Ethereum, BNB, XRP, Cardano, Dogecoin, Solana, Tron And Toncoin

Cryptocurrency analysts of Coinidol.com report, Cardano (ADA) is still trading sideways above $0.25.

Cardano Returns And Remains Above Critical $0.25 Support

Payments giant Visa﻿ has said it will ramp up its use of Circle's USDC stablecoin on its network, opening the door to future bitcoin and crypto expansion

‘A Huge Deal'—Visa Reveals Crypto Payments Bombshell That Could Cause Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Solana, Tron And Toncoin Price Chaos

Blockchain analytics firm Santiment says that Ethereum (ETH) rival Cardano (ADA) is seeing a massive growth in network activity. According to the market intelligence platform, new data suggests Cardano is setting the stage for a move to the upside as weekly on-chain transactions have soared by more than 1,700% since January.

Cardano (ADA) Showing Promising Signs Amid Rise of On-Chain Activity, Says Analytics Firm Santiment

Avalanche

Polygon

A leading blockchain analytics firm says that a huge percentage of Cardano (ADA) and Polygon (MATIC) holders are underwater. According to IntoTheBlock, 94% of the holders of Ethereum (ETH) competitor Cardano are sitting on losses, just 5% are profitable and 1% are breaking even. Cardano is trading for $0.25 at time of writing, down 91.

Over 90% of Cardano, Polygon and One Ethereum Rival's Holders Are Underwater: Analytics Firm IntoTheBlock

China has Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market rollercoaster The bitcoin price Now, It's a

Crypto Suddenly Braced For A Game-Changing China Earthquake That Could Hit The Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Solana, Tron And Toncoin Price

The latest price analysis by Coinidol.com report, Cardano (ADA) is trading sideways above the support level of $0.25.

Cardano Moves In A Range And Holds Above $0.25

BitcoinBTC and cryptocurrencies have been buffeted by surprise headwinds over the last few weeks (with a leak suggesting Elon Musk could be about to cause crypto price chaos).

‘September Is Going To Be Crazy'—A New Secret Binance Filing Could Be About To Rock The Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin And Solana Price

During the Rare Evo blockchain and cryptocurrency convention, Cardano's founder Charles Hoskinson expressed his conviction that ADA will eventually become the “biggest cryptocurrency in the world.” Simultaneously, ADA's value has plummeted 15.2% against the U.S. dollar over the last month, earning it the seventh-largest spot based on crypto market capitalizations.

News for Cardano Crypto (ADA)