Cardano [ADA] impacted in this manner following DJED’s launch

Cardano’s overcollateralized stablecoin DJED launched on the mainnet on 31 January.  Increased DJED minting led to a jump in on-chain activity for ADA. Following several months of development, Cardano’s [ADA] native over-collateralized stablecoin Djed [DJED] launched on the network’s mainnet on 31 January.  How much are 1,10,100 ADAs worth today? DJED is pegged to the … Read more

Cardano: February could be a profitable month for ADA holders, here’s why

Cardano’s ambitious stablecoin Djed is to be launched this week. ADA anticipated a bullish surge but large whales could spoil the party. The launch of the much-anticipated over-collateralized stablecoin Djed on the Cardano [ADA] network is slated to happen this week. Just days before the launch, COTI, the firm developing Djed in collaboration with Input … Read more

Can Cardano provide the support Cosmos needs to sustain its growth? 

Cardano is planning to connect with the Cosmos ecosystem. ATOM’s on-chain metrics were supportive of a continued surge.  Cosmos [ATOM] managed to register gains on its weekly charts by increasing its price by more than 2%. According to CoinMarketCap, at the time of writing, it was trading at $13.71 with a market capitalization of over … Read more

Cardano’s weekly update looks bullish, but will it give relief to short-term holders

Cardano developers worked intensively on the projects in the pipeline.  Key metrics remained bullish over the last seven days of press time. Input Output Global recently released the latest edition of its weekly development report, highlighting the major achievements and updated statistics for the Cardano [ADA] network. Reportedly, Cardano’s native tokens reached 7.63 million and … Read more

Cardano (ADA) Price Prediction 2025-2030: Will ADA’s growth be sustained?

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject One coin that has experienced significant growth over the past month is Cardano (ADA). The year-to-date (YTD) increase for the eighth-largest cryptocurrency by market capitalization is close to 50%, … Read more

Cardano presents trade opportunity at this price – should you take it

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Cardano had a bullish structure on the daily timeframe. It ran into resistance near $0.385 and the bulls were unable to defend the $0.36 level. Cardano [ADA] saw a break in structure and its momentum … Read more

Here’s how Cardano [ADA] has responded to brief network outage

Cardano’s network went offline but was quickly brought back to life. Development activity maintained a great stance but ADA lost to DOT.  Decentralized Proof-of-Stake (PoS) blockchain, Cardano [ADA] experienced a network outage, details from its developers’ telegram channel showed. According to a tweet by Rick McCracken, the blackout was a brief one. Last night during … Read more

Assessing Cardano’s [ADA] weekly performance based on its metrics

The total number of transactions on the Cardano network reached 59.4 million. The metrics looked favorable for ADA on a higher timeframe.  Input Output Global (IOG) recently published its latest edition of Cardano’s [ADA] weekly development report, mentioning all the notable updates and statistics regarding the network.  The report first cited the important statistics of … Read more

Cardano [ADA]: Latest rally causes altcoin to trade at pre-FTX collapse level

ADA’s price has returned to its pre-FTX collapse level. Coin accumulation has rallied significantly in the last three weeks.  According to data from CoinMarketCap, leading layer 1 coin Cardano [ADA] traded at the $0.36 price level during the intraday trading session on  21 January, marking the first time the coin has reached this level since … Read more

Cardano reclaims top spot on Github- ADA’s journey to moon guaranteed?

Cardano dominates in development activity, beating other key players. ADA bears relinquish brief dominance, paving way for the bulls to extend their rally. In the first half of January, we observed that Cardano was among the blockchain networks with the highest development activity. Fast forward to the present and Cardano managed to secure the top … Read more