Is ADA making an effort to take over XRP’s position amid rising market cap

Cardano’s [ADA] move to improve scalability within its network may have been delayed. However, the Proof-of-Stake (PoS)-based cryptocurrency did not seem to be bothered about the development.  As of 29 July, ADA flipped Ripple [XRP] to become the seventh largest cryptocurrency in market value. Delay not denial According to Santiment, the flip happened as ADA’s … Read more

Cardano Surpasses $300M TVL While ADA Price Bounces Back

Due to an influx in liquidity in decentralized protocols and applications (dApps), Cardano continues to soar in total value locked in March 2022. Sponsored Sponsored Cardano has been an integral part of the blockchain technology space since its launch in 2017 by Charles Hoskinson. Although the project lacked use cases in the first four years … Read more

Cardano Active Addresses Increased by Over 200% Despite ADA Price Slip

The active address count on the Cardano network increased by more than 200% this month. The number currently stands at 191,500, though it peaked at 485,000 towards the tail end of November. Sponsored Sponsored The number of active addresses on Cardano has jumped by more than 25% in November 2021, according to data from Messari. … Read more

eToro Exchange Cuts Back on Cardano and TRON Offerings for US Customers

Crypto exchange eToro released a statement indicating that it is limiting support for Cardano (ADA) and TRON (TRX) positions and discontinuing staking for its U.S. customers. Sponsored Sponsored Starting Dec 26, 2021, U.S. users on the eToro platform will not be able to open new positions on ADA or TRX, and staking for both assets … Read more

Can Cardano and its ‘tree plan’ revive its price and performance

Cardano recently joined the bandwagon of smart contracts enabled blockchains. The price since then has seen many ups and downs but at the moment it is pretty much not moving at all. So in order to kick off the price movement, Cardano has taken up a new initiative. But will it work for sure? Why … Read more

Cardano Smart Contract Upgrade Successfully Deployed But ADA Dumps

The highly anticipated smart contract upgrade for Cardano has finally been deployed, though the price of its native ADA token has dumped today. Sponsored Sponsored InputOutputHK, the company behind Cardano, posted an update in the early hours of Sept 13 reporting that the Alonzo upgrade has been successfully deployed. The stated “The Alonzo upgrade is … Read more

Cardano Successfully Deploys Alonzo White Hard Fork

Cardano has successfully deployed the Alonzo White hard fork, marking another step forward in the road towards smart contracts. Sponsored Sponsored Cardano’s Alonzo hard fork has been successfully deployed, according to developer Input Output Hong Kong (IOHK). In a series of tweets published on July 15, IOHK said that the “network is happily making blocks … Read more

Analyst on Cardano: You have to be very careful of that

Cardano has been a consistently trending altcoin for a while now. Reasons can range from the coin being a potential “Ethereum killer” to different upgrades that contribute to the network’s growth. But when its recent price movement is taken into consideration, the story somewhat changes. Crypto Capital Ventures analyzed Cardano and described how the coin … Read more

Cardano Tops CoinShares’ Weekly Digital Asset Fund Flows Report

CoinShares’ newest weekly digital asset fund shows that Cardano (ADA) enjoyed the highest inflows, $10 million, while Bitcoin (BTC) saw $111 million in outflows. Cardano tops inflow charts In their weekly digital asset fund flows report, CoinShares breaks down yet another week of massive outflows across the cryptocurrency industry. The report showed that last week, … Read more

Cardano (ADA) IRA and 401k Funds Allow for Retirement Alternatives

Another leading digital asset is available to use in iTrustCapital retirement accounts. The crypto IRA platform announced on its website that it would be introducing Cardano (ADA) to its list of available assets. ADA, a third-generation cryptocurrency and the native coin of the Cardano blockchain, can be accessed for investors’ IRA and 401k accounts. It … Read more