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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 (CRYPTO: ADA) co-founder Charles Hoskinson on Thursday named Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong for a potential crypto position at the White House, citing his unique position to bridge the gap between the digital asset industry and federal regulators. What Happened: Hoskinson emphasized the importance of the role being filled by someone “neutral” with a deep understanding of blockchain technology and the challenges posed by existing U.S. regulations.

Coinbase CEO Brian Armstrong 'Stands Out' As Candidate For Donald Trump's Reported 'Crypto Czar' Position, Cardano Co-Founder Says

Stellar was also among the top performers, gaining 6.5% from Tuesday.

CoinDesk 20 Performance Update: ADA Gains 10.1% as Index Continues Higher

Cardano's (CRYPTO: ADA) 56% surge over the past week has been fueled by bullish sentiment, community-driven developments, and speculation about high-profile partnerships. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Cardano (CRYPTO: ADA) $0.835 $28.9 billion +13.8% +55.9% Bitcoin (CRYPTO: BTC) $94,450 $1.85 trillion +2.9% +7.6% XRP (CRYPTO: XRP) $1.13 $64.3 billion +2.9% +67.7% Trader Notes: Crypto trader Scofield highlighted ADA's impressive momentum, describing the altcoin as “on fire.

Cardano Price Up Another 14%: What Is Going On With ADA?

Closely followed analyst Benjamin Cowen says that Cardano (ADA) is most likely in for one additional drop against Bitcoin (ADA/BTC) before 2024 comes to a close.

Cardano (ADA) To See One More Drop Against Bitcoin Before Year End, Says Analyst Benjamin Cowen

Cardano (ADA) has resumed its uptrend and broken above the $0.40 resistance level. Cardano has been trading sideways for the past three months, with support at $0.30 and resistance at $0.40.

Cardano Faces Resistance At $0.75 As It Pushes Forward

Cardano's ada token has experienced some very impressive gains lately, climbing almost 70% over the last seven days as multiple factors fueled this sharp rally.

Cardano's Ada Token Rallies Nearly 70% In A Week

Ripple was also among the top performers, gaining 11.7% from Thursday.

CoinDesk 20 Performance Update: ADA Surges 18.4%, Leading Index Higher

A widely followed crypto analyst believes that Ethereum (ETH) rival Cardano (ADA) is unlikely to print new all-time highs this cycle. In a new video update, crypto strategist Jason Pizzino tells his 337,000 YouTube subscribers that ADA is not showing enough market strength so far this cycle, making an explosive breakout improbable at this point.

Cardano Holders Unlikely To See Break of All-Time Highs for ADA, According to Analyst Jason Pizzino

Cardano (ADA) has jumped a staggering 52% in the last week, but recent indications hint that the digital asset's explosive growth is cooling off.

Cardano Rally Cools Despite Recording Strong Weekly Gains

Widely followed analyst Benjamin Cowen is issuing a warning on Cardano (ADA) as the Ethereum (ETH) rival rallies. In a new video, Cowen tells his 822,000 YouTube subscribers that ADA could suddenly turn bearish against Bitcoin (ADA/BTC) on the weekly timeframe, similar to what happened in December 2020.

Benjamin Cowen Says ‘One Last Flush' for Cardano (ADA) Against Bitcoin Likely Approaching

Pepe

Solana

Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.

Robinhood Doubles Down on Crypto With Listing of Solana (SOL) XRP, Pepe and Cardano (ADA)

Robinhood pared back its crypto listings amid an industry-wide crackdown last year, but it's brought a couple back—along with newcomers.

Robinhood Lists Solana, XRP, Cardano and Pepe—And One Just Hit an All-Time High

Robinhood adds SOL, PEPE, ADA, XRP, Coinbase adds PEPE

Robinhood Adds SOL, PEPE, ADA, XRP Following Trump Victory

Cardano Foundation, a not-for-profit organization that develops and supports the Cardano network, launched its first Financial Insights Report on Wednesday detailing spending across operations, education and adoption for 2023.

Cardano Foundation Spent $23.7M in 2023: Financial Insights Report

Dogecoin

Shiba Inu

Dogecoin, Cardano, and Shiba Inu have outperformed Bitcoin over the past week, surging 80%, 85%, and 50% respectively.

DOGE, ADA and SHIB surge past BTC in weekly rally amid expected regulatory changes

Cardano's native token ADA surged to its highest level since April 2024 with the news that its founder Charles Hoskinson would be helping shape cryptocurrency policy in the United States.

Cardano Surges as Founder Hoskinson Says He Will Be “Working With Lawmakers in Washington, D.C.”

Cardano (CRYPTO: ADA) rallied to its highest level in seven months after founder Charles Hoskinson said he would help to shape cryptocurrency policy under President-elect Donald Trump's administration. What happened: ADA, the native cryptocurrency of the ecosystem, surged 15% over the past 24 hours, witnessing a 353% jump in trading volumes.

Cardano Soars To 7-Month High As Founder Charles Hoskinson Teases Potential Crypto Policy Role In Trump Administration

Chainlink

Smart contract platform Cardano (ADA) could soon witness retail fear of missing out (FOMO), according to crypto analytics platform Santiment. In a new thread on the social media platform X, Santiment says that ADA's surprising 25% jump last week will prompt retail investors to jump into the crypto asset.

Santiment Says Retail FOMO About To Hit Cardano, Sees Ethereum-Based Coin Decoupling From Altcoin Pack

"I'm going to be spending quite a bit of time working with lawmakers in Washington, D.C.," Cardano founder Charles Hoskinson said Saturday.

Cardano Hits 7-Month High as Founder Eyes Hopeful Role in Shaping Trump Crypto Policy

ADA extended 7-day gains to 77% as Charles Hoskinson said development company Input Output will set up a policy office in the U.S.

Cardano's ADA Rockets 35% as Hoskinson Says He's Helping U.S. Crypto Policy

The price of Cardano (ADA) has started an uptrend by breaking through the overhead resistance at $0.40.

Cardano Makes A Breakthrough And Rises To $0.46

Speculation has arisen regarding Charles Hoskinson, the co-founder of Ethereum (CRYPTO: ETH) and Cardano (CRYPTO: ADA), potentially serving as a cryptocurrency policy advisor in the administration of president Donald Trump. What Happened: This speculation comes on the heels of recent posts and statements from various figures within the crypto community, hinting at a possible alignment of interests between Hoskinson and the Trump campaign, particularly with Trump's recent ventures into the cryptocurrency space.

Cardano Up 13% As Speculation Around Charles Hoskinson As Trump Crypto Policy Advisor Bubbles

Polygon joined Cardano as a top performer, gaining 7.9%.

CoinDesk 20 Performance Update: ADA Gains 9.9%, Leading Index Higher from Thursday

While bitcoin catches its breath after its recent ascent past record highs, other digital assets are enjoying a Friday boost. Altcoins Surge Ahead as Bitcoin Takes a Breather: SOL, CRO, and Meme Coins Lead the Pack As of Nov. 8, the crypto market is coasting 2.09% higher than yesterday, totaling $2.57 trillion.

SOL, ADA, and CRO Rally as Altcoin Momentum Picks Up—Is This the Start of Altcoin Season?

Bitcoin

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.

News for Cardano Crypto (ADA)