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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.

Cardano (ADA) price has continued to rise, reaching a high of $0.37.

Cardano Is Stuck At $0.36 And Is In An Overbought Zone

Avalanche

Ether

Fantom

Solana

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion.

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days

Input Output Global (IOG), the development team behind Ethereum (ETH) rival Cardano (ADA), is announcing the launch of a new toolkit that allows for the building of sidechains for the Cardano network.

Cardano Developers Reveal Critical New Toolkit for Ethereum-Compatible Sidechains

Sidechains will make Cardano more scalable without compromising the stability or security of the main chain, developers said.

Cardano Developer IOG Deploys Sidechain Toolkit to Boost Blockchain

Cardano (CRYPTO: ADA) has flipped Dogecoin (CRYPTO: DOGE) to become the eighth largest cryptocurrency by market capitalization. What Happened: At the time of writing, ADA was trading up 0.55% at $0.32, in the last 24 hours.

Ethereum Rival Overtakes Dogecoin Market Cap Amid Bitcoin, Crypto Rally

Decentralized finance (DeFi) activity is soaring on Cardano (ADA) as the Ethereum (ETH) competitor kicks off a red-hot start to 2023. The DeFi tracker DeFi Llama reports that Cardano has $65.97 million in total value locked (TVL) at time of writing, roughly a 36% increase from January 1st when Cardano's TVL registered at $48.5 million.

Cardano DeFi Activity Soars 36% As ADA Opens 2023 With Big Rallies

Dozens of new Cardano (ADA) whale and “shark” addresses are emerging amid Cardano's price surge in the early days of 2023, according to the crypto analytics firm Santiment. Santiment says 28 new addresses holding at least one million ADA have formed since the beginning of the year.

Dozens of New Cardano Whales Emerge As ADA Bounces Big in Less Than Two Weeks: Analytics Firm

Cardano (ADA) price is rising after breaking through the resistance at $0.28.

Cardano Recovers, But Remains Below The Resistance Of $0.32

Glauber Contessoto, also known as SlumDOGE Millionaire, said that he now owns nearly 100,000 Cardano (CRYPTO: ADA) tokens. What Happened: Contessoto, a Dogecoin (CRYPTO: DOGE) millionaire, recently tweeted to his followers that he is definitely buying more ADA when the price drops back down to 24 or even 20 cents.

Millionaire Dogecoin Investor Dares To Go Big On Cardano If Price Drops To This Level

A leading analytics firm says that crypto trader sentiment surrounding Cardano (ADA) and Binance Coin (BNB) suggests that both assets could be poised for rallies. Santiment notes that the crypto community has a bearish sentiment regarding both Ethereum (ETH) competitors, compared to a bullish crowd outlook on ETH and payments network XRP.

Bullish Signal Flashing for Two of Ethereum's Biggest Rivals, Says Crypto Insights Firm

Polygon

Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion

Solana surged by as much as 22% on Monday, as bullish sentiment returned to cryptocurrency markets. The move saw the token climb to its highest point since November, when it was embroiled in the FTX collapse. Cardano also moved higher to start the week, climbing by nearly 13%.

Biggest Movers: SOL up 22% as ADA Hits Highest Point Since November

The value of Cardano (CRYPTO: ADA) spiked more than 21% late Sunday, reaching levels not seen since November 2022, outpacing gains recorded by apex cryptocurrency Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).  What Happened: At the time of writing, ADA, the eighth-largest cryptocurrency by market capitalization, was trading at $0.33.

Ethereum Rival Cardano's 20% Surge Amazes Analyst: 'Did They Figure Out A Cure For Cancer?'

Solana got a boost from BONK, jumping over 60% for the week.

Solana, Cardano Both Up 21% Late Sunday, Setting Monthly Highs

Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high.

Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains

Dogecoin

A widely followed crypto analyst is breaking down his predictions for Ethereum (ETH) and a handful of popular altcoins.

Top Trader Reveals Forecasts for Cardano, XRP, Dogecoin and Three Additional Altcoins As 2023 Begins

Cardano (ADA) price has regained upward momentum after rising above $0.24 support.

Cardano Continues Its Uptrend And Challenges Resistance At $0.27

Crypto analytics platform Santiment is revealing that Cardano (ADA) led all other blockchain protocols on one critical metric this year. Santiment says that Cardano had the highest level of development activity in 2022 in the crypto ecosystem ahead of Ethereum (ETH) and other blockchain protocols.

Cardano Massively Dominated Ethereum, Polygon and Seven Altcoins in 2022 on One Metric: Santiment

Polkadot

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,' would flip the second-largest crypto asset in terms of market capitalization in 2022.

‘Ethereum Killers' Managed to ‘Kill' Themselves in 2022 Rather Than Beat the Smart Contract Economy's Heavyweight Champ

The decentralized finance (DeFi) protocol behind Cardano's (ADA) new stablecoin says that it has successfully updated its network. According to a recent blog post by COTI Network, the scalable layer-1 behind ADA's upcoming Djed stablecoin, the update transitioned the blockchain to a multi-token network that now supports the creation of private payment networks.

DeFi Blockchain Behind Cardano's New Djed Stablecoin Announces Successful Hard Fork and Updated Fees

Bitcoin

Today's top ten crypto assets make up a large portion of the crypto economy's current $797.95 billion value on Dec. 29, 2022, and many of them are some of the most popular digital currencies today. While coin market capitalization aggregation sites allow patrons to add their favorite coins to a watchlist, between coingecko.com and coinmarketcap.

BTC, ETH, ADA, BNB Ranked the Most Watched Crypto Assets in 2022

Litecoin

A leading crypto analytics firm says deep-pocketed whales are quickly accumulating Cardano (ADA) and Litecoin (LTC). Santiment says Cardano is likely undervalued given how much whales and sharks are grabbing it up.

Cardano (ADA) and Litecoin (LTC) Whales Accumulating Aggressively, Says Crypto Analytics Firm Santiment

A popular crypto analyst says his interest in Cardano (ADA) is returning, although he has one concern about the blockchain's ecosystem.

Head of Coin Bureau Says He's Looking To Get Back Into Cardano (ADA), but Sees Problems With Ecosystem

The price of Cardano (ADA) is falling, but the downtrend has slowed as the altcoin has been trading above $0.25 since December 19.

Cardano Is In A Steady Downward Trend And Further Decline Is Imminent

Cardano (ADA) co-founder Charles Hoskinson says he's willing to bet on an upcoming security feature for the new Lace wallet. Lace, built by Cardano developer Input Output Hong Kong (IOHK), is a lightweight multi-chain crypto wallet that aims to seamlessly connect everything in Web2 and Web3 to a single interface.

News for Cardano Crypto (ADA)