Why Cardano (ADA) Could Crash Below $0.40 Before Vasil Upgrade

Cardano (ADA) is very close to falling below its yearly lows. It could confirm its bearish outlook with a decrease below $0.423. The Cardano Vasil upgrade is expected to launch on Sept. 22. It will greatly increase the throughput capabilities and Network capacity of Cardano. Additionally, it will allow Decentralized Application (DApp) developers to create … Read more

Cardano’s Vasil Upgrade Is Ready for Take-Off: ‘It’s Been Initiated’, Says Hoskinson

In a September 18 broadcast, Cardano founder Charles Hoskinson revealed that the Vasil hard fork implementation is now in its final stage after the hard fork combinator request was accepted. Hoskinson continued that the automated process of implementing the Vasil upgrade has started, adding that “we all gonna sit back and watch the Vasil rocket … Read more

Cardano Listed on Robinhood Ahead of Vasil Upgrade

US trading platform Robinhood said that it would start listing Cardano among its cryptocurrency offerings, according to an announcement. The tweet from the San Francisco-based firm implied that Cardano was finally being added after receiving significant demand from its customers. With a market capitalization of $15 billion, Cardano is currently the eighth largest cryptocurrency, according … Read more

Charles Hoskinson Apologizes to Cardano Stake Pool Community

Cardano founder Charles Hoskinson has apologized for his approach to claims that the Cardano Testnet is broken, saying that the SPO community is crucial to the network. In a handful of tweets from Aug. 20, Hoskinson described the stake pool operation (SPO) community as the backbone of Cardano while also acknowledging flaws in Cardano infrastructure. Now … Read more

Cardano Crowned June’s Most Developed Project Ahead of Vasil Upgrade

Cardano is receiving record amounts of money to its GitHub page as developers prepare their applications for new functions. On-chain statistics show that the project touched 13,003 GitHub Commits in June, making Cardano the top project in development activity in the last 30 days. Peak development activity data comes shortly after the Vasil upgrade was hard … Read more

DeFi and Smart Contract Activity Surges to New High on Cardano Blockchain

After skeptics had derided the network for seeing less DeFi activity since its Alonzo upgrade, Cardano blockchain is finally seeing some uptick in its smart contract activity as the network saw the number of smart contracts on the platform cross the 2,000 mark for the first time.  Sponsored Sponsored One of the platforms that benefited … 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

Hoskinson Promises Solana-Like Performance for Cardano

In a recent interview with InsideW3B host Marco Monty Montemagno, Cardano co-founder Charles Hoskinson promised Solana-like performance by the end of 2022. Sponsored Sponsored “This year all these updates are coming that are massively improving the scalability and expressiveness of the system so that you’ll get the same type of performance you’re seeing from systems … Read more

Cardano (ADA) Is Latest Crypto Asset to Consider Burning Mechanism

Cardano might soon have a token-burning mechanism. That’s what information contained in its recent status updates seems to suggest.  Sponsored Sponsored The status update, which is part of a new initiative by the company to release updates about Cardano’s development every week, shows that two of its teams are working on a token burning mechanism.  … Read more

‘Large Wave’ of DApps Arriving in Coming Months, Says Cardano Founder

Cardano founder Charles Hoskinson says that “a large wave” of new projects will come to the network in the next few months. Sponsored Sponsored Moving the chains. A large wave will come after June when the Vasil hardfork happens https://t.co/TySPIBLQLi Sponsored Sponsored — Charles Hoskinson (@IOHK_Charles) March 14, 2022 The executive, who is also CEO of … Read more