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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.

The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features.

Cardano Blockchain Heads for 'Chang Hard Fork,' Biggest Upgrade in Two Years

The price of Cardano (ADA) has resumed its uptrend above the 21-day moving average line as it enters the oversold territory.

Cardano Slides Above Its Initial Barrier And Aims Up Of $0.50

Bitcoin

Traders said that bitcoin would need to break above the $61,000 level and stay above it if sentiment were to change among market participants. PLUS: Trump retakes lead over Harris and Tron's TRX surges on Sunpump.meme's growth.

Trump Tops Harris On Polymarket; Tron, Cardano in Green as Bitcoin Sinks

Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar.

Tron Triumphs as Cardano Fades—ADA Drops From Crypto's Top 10

Cardano's token is out of top 10 cryptocurrencies by market cap for the first time since hitting a market dominance of over 4% in 2021.

Cardano drops out of the top 10 cryptocurrencies by market cap ranking

Dogecoin

Ether

Solana

In mid-August, bitcoin's price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.

Top 10 Cryptos Today: Down Between 20% and 89% From All-Time Highs

Cardano's (CRYPTO: ADA) stable user base has prompted some traders to consider the altcoin as undervalued and due for a potential bullish reversal. What Happened: An IntoTheBlock analysis of the Cardano network shows that despite challenges in attracting new users, the number of addresses with a balance has remained steady at around 4.45 million for over a year.

Cardano's Long-Term Holders At An All-Time High: Is A 'Bullish Reversal' In The Making?

The price of Cardano (ADA) has reached bearish exhaustion and has fallen below the moving average lines. Price analysis by Coinidol.com.

Cardano Bounces Above $0.30 And Reaches Bearish Fatigue

Cardano (ADA) founder Charles Hoskinson is issuing a warning to the crypto industry as the 2024 US presidential election enters the final three months. Hoskinson says on the social media platform X that the administration of President Joe Biden and Vice President Kamala Harris continues to wage war on the crypto industry.

A Vote for Harris Is a Vote Against American Crypto Industry, Says Cardano Founder Charles Hoskinson

The price of Cardano (ADA) has fallen below the moving average lines again after rejecting the high at $0.456. Price analysis by Coinidol.com.

Cardano Is In A Steady Decline To A Low Of $0.338

The price of Cardano (ADA) fell below the moving average lines on July 25. After a rejection at the $0.46 resistance zone, the cryptocurrency fell to a low of $0.382.

Cardano Fluctuates But The Price Is Below The $0.41 Resistance Level

Odds of a big rally for Ethereum (ETH) rival Cardano (ADA) and two other altcoin projects are rapidly increasing, according to the crypto analytics firm Santiment. Santiment reports that ADA, fan engagement token Chiliz (CHZ) and ETH rival Fantom (FTM) are facing negative funding rates, setting the stage for short squeezes.

Cardano and Two Additional Altcoins Showing Higher Chances of Liquidation-Fueled Rallies, According to Analytics Firm Santiment

The price of Cardano (ADA) continued its upward trend after the rally on July 13. The altcoin rose to a high of $0.4568 but paused there. ADA price analysis by Coinidol.com.

Cardano Pauses Below $0.46 And Continues Its Ascent

The Cardano development team has launched “Node 9.0,” the latest version of its validator node software, marking a crucial milestone towards the upcoming Chang hard fork.

Cardano Releases “Node 9.0” Validator Software Ahead of Chang Hard Fork

Chainlink

Litecoin

Uniswap

Prominent crypto analytics firm Santiment is unveiling a list of large-cap altcoins that may see short-term rallies following last week's correction. The crypto insights firm says on the social media platform X that the Market Value to Realized Value (MVRV) metric of seven altcoins has dropped to negative territory.

Ethereum, Dogecoin and Five Additional Altcoins Flashing Short-Term Bullish Signal, According to Santiment

The price of Cardano (ADA) has fallen below the moving average lines after being trapped by them on July 1. Cryptocurrency price analysis brought by Coinidol.com.

Cardano Enjoys Strong Support But Risks A Drop To $0.25

Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher.

CoinDesk 20 Performance Update: ADA and XRP Lead

Cardano (ADA) fell further to a low of $0.35 on June 18, but the bulls bought the dips. Support has remained stable over the past week.

Cardano Stabilizes Above $0.37 But Risks A Possible Crash

Crypto researcher Trade The Flow on Thursday offered trading ideas to navigate the current sideways price action in the crypto markets. What Happened: Trade The Flow suggested that long/short pair trading could be an effective strategy in these choppy conditions and offered several trade ideas.

Top Trader Is Long Bitcoin, Ethereum, Short Litecoin, Cardano

Cardano (CRYPTO: ADA) founder Charles Hoskinson expressed confidence that the native coin of the ecosystem will flip Bitcoin (CRYPTO: BTC) to become the world's largest cryptocurrency in the future. What Happened: During an interview with Altcoin Daily Tuesday, Hoskinson, who was also one of the earlier founders of Ethereum (CRYPTO: ETH), was reminded of his bold prediction from the 2023 Rare Evo conference.

Ethereum Co-Founder Confident Cardano Will Flip Bitcoin To Emerge As World's Biggest Crypto: 'There's Nothing That Can Compete With It'

No downtime was observed as a Cardano developer managed to attack the attacker and take back some funds.

Cardano Unfazed By Failed DDoS Attack Targeting Staked ADA

Popular actor and comedian Martin Lawrence emerged as one of the biggest Cardano (CRYPTO: ADA) influencers after social media posts of him shilling the coin went viral. What Happened: According to an X post by social analytics firm LunarCrush Monday, the "Bad Boys" star was the seventh-most influential ADA creator.

'Bad Boys' Star Martin Lawrence Becomes One Of Cardano's Top Influencers — What's Cooking?

The price of Cardano (ADA) has come under renewed selling pressure as the bears have broken through the key support level of $0.42.

Cardano Falls Below $0.35 And Attracts Buyers

Investors increased their bearish bets on prominent cryptocurrencies such as XRP and Cardano Wednesday, raising the prospect of gains in the event of liquidation. What Happened: According to on-chain analytics firm Santiment, XRP and Cardano witnessed heavy shorting following a temporary bounce due to the SEC's decision to withdraw the security probe into Ethereum (CRYPTO: ETH).

Can Spike In Short Selling Act As 'Rocket Fuel' For XRP And Cardano? Here Is What This Analyst Firm Says

The price of Cardano (ADA) is declining in a sideways pattern. Price analysis by Coinidol.com.

News for Cardano Crypto (ADA)