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's (CRYPTO: ADA) community voted down funding for the Cardano Summit 2026, with the proposal falling short of the required two-thirds supermajority and sending ADA down 3%. Proposal Got 65% Support But Needed 66.67% To Pass The Cardano Foundation proposed a two-day summit in Singapore on October 5-6, seeking 7.8 million ADA worth roughly $2 million from the network treasury.

Cardano Community Votes No On Its Own Summit, ADA Tanks 3%: What Is Going On?

The Cardano Foundation's flagship conference was scrapped after a funding proposal failed to secure the two-thirds support required under the blockchain's new governance system.

Cardano Summit 2026 canceled after community votes to choke off Foundation funding

The measure needed two-thirds support but got only 65%, even after late endorsements from Cardano's founder and the Foundation CEO.

Cardano Foundation cancels 2026 summit after treasury funding vote falls just short

Cardano (CRYPTO: ADA) whales now control 67% of supply, the highest concentration since July 2020, after accumulating through a 71% crash over nine months. Whales Stack 25 Billion ADA Wallets holding at least one million ADA now control 25.09 billion tokens, representing 67.47% of circulating supply.

Cardano Whale Share Hits 6-Year High, But ADA Is Still Down 71% From The Highs

Wallets holding at least one million ADA now control 25.09 billion tokens, the highest share since July 2020, even as Cardano's TVL has bled to $137 million from a December 2024 peak of $686 million, per Santiment and DefiLlama data.

Cardano whales now hold 67% of ADA supply in highest share since 2020

A leading cryptocurrency analyst flagged a major bullish signal early Thursday, potentially fueling Cardano's (CRYPTO: ADA) next rally. Will ADA Hit $0.42?

While Everyone Focuses On Bitcoin And Ethereum, This Crypto Could 'Kickstart A New Bull Rally,' Says Analyst

Frederik Gregaard, head of the Cardano Foundation, highlighted that in an age when the current banking system has been revealed to be deeply politicized, blockchain has the opportunity to rise as a neutral, resilient, and transparent system to support global commerce.

Cardano Foundation CEO: Why the World Needs a ‘Neutral' Blockchain Settlement Layer

Cardano (CRYPTO: ADA) founder Charles Hoskinson fired back at Flare (CRYPTO: FLR) CEO Hugo Philion after Philion posted data showing Flare's $159 million total value locked surpasses Cardano's $131 million. The Twitter Exchange Gets Heated Philion opened the exchange by pointing out that Cardano launched in 2017 while Flare launched in 2023.

Cardano Co-Founder Hoskinson Claps Back At Criticism: 'Attacking Cardano Is So 2022'

XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) are breaking out of multi-month patterns as Flare (CRYPTO: FLR) CEO Hugo Philion criticized Cardano for underperforming in DeFi. XRP At Triangle Apex With Shorts Getting Squeezed XRP is grinding higher at $1.4268 pressing against the apex of a symmetrical triangle that has been compressing since February's $1.13 lows.

XRP,ADA Are Breaking Out, But One CEO Is Not Convinced

Cardano's (ADA) price is falling after being trapped between the moving average lines.

Cardano Resumes Slide Above $0.24

Cardano (CRYPTO: ADA) founder Charles Hoskinson warned that the quantum threat to Bitcoin (CRYPTO: BTC) is arriving faster than anticipated as 11 major companies passed the first gate in DARPA's quantum benchmarking initiative. The Timeline Is Accelerating DARPA brought together 11 companies from IBM to Quantinuum through a three-stage process to determine whether functional quantum computers arrive by 2033 and whether they can break encryption.

Cardano Founder Warns Quantum Threat 'Coming Faster Than Expected'

Cardano (CRYPTO: ADA) founder Charles Hoskinson landed UK bank Monument with $250 million in tokenized deposits at launch for his new privacy blockchain Midnight alongside partnerships with Google Cloud, MoneyGram, and Vodafone. The $250 Million Monument Deal Hoskinson said the deal makes sense because compliance officers can write scripts defining what's allowed and how assets interact with other chains while staying compliant with UK regulation.

Cardano Founder Partners With Google On New AI Privacy Blockchain 'Midnight'

Bitcoin

The engineering organization behind Cardano submitted nine proposals totaling $46.8 million for the 2026 voting cycle, down from $97.5 million last year.

Cardano builder seeks smaller funding slice of $46.8 million for scaling and Bitcoin DeFi

Input Output (IO), the engineering organization behind Cardano, submitted nine treasury funding proposals on Wednesday totaling $38.9 million, nearly 50% less than the $97.5 million it requested from the community last year. Key Takeaways: Input Output submitted 9 Cardano treasury proposals totaling $38.9M, nearly 50% less than its 2026 ask.

Cardano's Leios Upgrade and Bitcoin DeFi Tool Pogun Headline Input Output's 2026 Funding Slate

Cardano's (ADA) price rose above the moving average lines but was halted by the 50-day SMA barrier.

Coinidol.com: Cardano Maintains Its Range Above $0.24.

The Leios mainnet launch is at the center of the roadmap, but IO's tracker shows the upgrade still mid-development.

Input Output proposes scaled-back Cardano treasury plan ahead of Leios mainnet push

A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion event that pulled billions in total value locked from the broader ecosystem within 48 hours.

Charles Hoskinson Points to Cardano and Midnight as Fix for Cross-Chain Flaws Behind KelpDAO Hack

Cardano (CRYPTO: ADA) CEO Frederik Gregaard said the network cut audit costs by 50% for institutions and listed a $100 million reinsurance product on the London Stock Exchange. The Audit Cost Breakthrough The Cardano Foundation posted 7,000 financial transactions using a product called Leccia on the blockchain.

Cardano CEO Announces Breakthrough: Can ADA Break Out?

Cardano's (ADA) price has failed to recover above the moving average lines, with bullish momentum halted twice by the 21-day SMA and 50-day SMA barriers.

Coinidol.com: Cardano Hovers above Its $0.235 Critical Support

Dogecoin

Solana

China's CSI 300 joins Taiwan and Singapore in erasing war-related declines as US-Iran talk optimism keeps oil below $100; spot ETFs posted $471 million in single-day inflows last week.

SOL, ADA, DOGE pull back, bitcoin holds above $74,000 as Asia recoups Iran war losses

Cardano's (ADA) price has risen and broken above the moving average lines, but has been halted by the 50-day SMA.

Coinidol.com: Cardano Rises, but Remains at $0.265

Chainlink

Stellar

Volatility Shares, the company that launched the first leveraged crypto fund in the U.S., is expanding its roster to smaller digital assets

These Three Altcoins Just Got Leveraged Crypto ETFs

Ethereum

Banks are exploring Cardano's (CRYPTO: ADA) Midnight partner chain for institutional blockchain infrastructure because it offers programmable privacy and front-running protection that Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) can't provide natively. The Three Banking Requirements Institutions need three things from blockchain that public chains struggle to deliver: privacy with selective disclosure, execution predictability without MEV extraction, and compliance tooling that doesn't broadcast sensitive information to the entire world.

Why Banks Are Looking At Cardano Midnight Instead Of Ethereum And Solana

Midnight maintains its own ledger, consensus mechanism, smart contract environment, and dual-token system.

Cardano's Charles Hoskinson unveils privacy-preserving Midnight partner chain

Two historically contrarian indicators are flashing simultaneously for ADA, with average holders deeply underwater and derivatives traders piling into the most aggressive short positioning in nearly three years.

News for Cardano Crypto (ADA)