Cardano Stablecoin Ecosystem Ardana Suddenly Halts Development

Ardana, a decentralized ecosystem that had been working on a Cardano stablecoin, has halted development because of funding and project timeline uncertainty. Some in the community have called it a scam. Ardana, a decentralized ecosystem on Cardano, has halted its development, much to the dismay of the crypto community. The project tweeted on Nov. 24 … Read more

Cardano to Get First USD-Backed Stablecoin by 2023, With New Privacy Blockchain and Token

Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. EMURGO announced on Nov. 18 that the stablecoin would be fully regulatory compliant and designed to protect Web3 participants from the crypto market’s … Read more

Cardano (ADA) Price Prediction: Signs of a Market Bottom

Cardano (ADA) price has been moving upward since Oct. 21, gaining 22% in market value. Both the wave count and the RSI suggest that the correction is complete, and ADA could enter a new uptrend. The technical analysis from the weekly chart shows that ADA price has been falling since reaching an all-time high price … Read more

Charles Hoskinson Invites Dogecoin to Migrate to Cardano for Free

Cardano founder Charles Hoskinson says Dogecoin should become a Cardano sidechain and is willing to help the meme coin migrate free of charge. Charles Hoskinson made this statement in response to a tweet asking about what would happen to Dogecoin after Elon Musk bought the social media platform Twitter. Now that Twitter is in the … Read more

Cardano Whales Want ADA Price at $1, But Be Aware of a Bull Trap

Cardano (ADA) price witnessed record gains appreciating by almost 20% in 7-days as Cardano whales finally rejoiced.  With Cardano holders eyeing big gains as ADA price made a recovery above the key $0.375 level, there were still some roadblocks that the altcoin faced.  ADA Price: Quick Gains, Quicker Losses  Cardano price was down 87.52% from … Read more

Cardano Sees Effect of Upgrade, Adds Over 100 Smart Contracts

Cardano: The effects of the Vasil upgrade are already showing, with the blockchain adding 100 new smart contracts in the two weeks since it completed the hard fork.  The network’s upgrade helped improve its smart contract capabilities and scalability. With 100 new smart contracts, the upgrade appears to live up to its billing. Available data … Read more

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

Aada Finance on Track to Become First Lending Protocol to Support Cardano Tokens

Input Output, the company behind Cardano, has announced the launch date for its first lending and borrowing protocol, Aada Finance, on the Cardano blockchain. The launch of V1 will take place on Sept. 13, 2022, and will mark the first time that decentralized finance (DeFi) primitives come to the Cardano blockchain, built on the foundation … Read more