Cardano Price Surges; Will ADA Sustain the Price Rise?

This week investors noticed an inflow of money in ADA. Cardano aims to become a third-generation decentralized blockchain platform after Bitcoin and Ethereum. It allows the user to create smart contracts on the platform based on a sustainable ecosystem. Other smart contract blockchains face issues with scalability, and this challenge can be solved by using … Read more

Cardano Is Standing at a Strong Support Level

Along with his former colleague, Charles Hoskinson started the Cardano project in 2015. It uses proof of stake consensus known as Ouroboros. On the other hand, Ethereum relies on proof of work consensus. Indeed Cardano is more eco-friendly and sustainable, while Ethereum is more energy-intensive. Developers divided the project into five stages: foundation, decentralization, smart … Read more

Cardano (ADA) Is a Buy on 2022 Network Growth Plans

Cardano is a cryptocurrency that focuses on becoming a new standard of crypto design and PoS implementation. 2021 was an eventful year for Cardano because it achieved many milestones. Last year, it was recognized within the world of non-fungible tokens (NFTs) and added smart contracts functionality with the Alonzo hard fork update. Cardano has a … Read more

Cardano (ADA): the Gold in Disguise?

Cardano has defied all others and created a fresh high, making the price action of April 2021 smaller in front of the August 2021 rally. Defying the expectations of stalling around $2.5, ADA hit a home run with a simple consideration and breakout pattern, which has been repeated more than three times since it became … Read more

Cardano Can Take on Bitcoin, Ethereum in the Long-term

The brainchild of Charles Hoskinson, who has earlier been credited with co-founding Ethereum, has some promising potential in contrast with the latest happenings in the crypto world. Cardano was officially launched in September 2017, and in merely three years, ADA has reached fifth position trailing only the Bitcoin, Ethereum, Tether, and Binance Coins. It is … Read more

Will El Salvador Accept Multiple Altcoins?

Cardano’s CEO Requests to Visit the Country After Adding 50,000 Staking Addresses While the crypto sector is trying to stabilize its proceedings, countries like El Salvador are still putting faith in it. The nation is known to support cryptocurrencies as it became the first to accept Bitcoin as an official tender. Now, Charles Hoskinson (Cardano’s … Read more

Cardano on Recovery Amidst Plutus and Alonzo Upgrade Buzz

Cardano had experienced a rough patch recently as the valuation of its native coin tumbled down to $1.079454 on Sunday by 03:39 GMT. This translated into a 24.8% loss on the day, which is the biggest since March 12, 2020. The loss in the valuation impacted the total market cap of the network, with the … Read more

Cardano or Ethereum – What do You Choose?

The competition is intensifying between Ethereum and emerging blockchains, offering better functionality at a lower cost. Cardano is one such viable alternative to Ethereum. Recently, the Cardano founder, Charles Hoskinson, commented that the first-mover advantage that Ethereum had wouldn’t be a threat for new players. In the video clip released on YouTube, Hoskinson claimed that … Read more