Cardano (ADA) has been one of the worst-hit cryptocurrencies in the market. The digital asset which had seen a high of $3.10 now lives on past glory as it is now trading below the $1 mark. This has been going on for a while which has convinced some investors that the end of this onslaught is coming to an end. However, on-chain metrics suggest that this is far from the case and in fact, the downtrend is not close to ending anytime soon. On-Chain Metrics Are Bad One thing that…
Tag: Cardano
Cardano Network Developers Increase Block Size by 10%
The upgrade did little to buffer up ADA prices in a falling market. Source
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Market Nosedive Sends Cardano (ADA) Deeper Into Bear Territory
The crypto market has not been in the best of places recently and Cardano (ADA) has been feeling the heat especially hot lately. The digital asset which remains one of the popular and largest by market cap has had a hard run of it lately, pushing it further into the bear territory. As ADA continues on this trend of low momentum, hot on the heels of the market decline, indicators have proven to not be in the favor of the token’s value. Market Declines By $80 Billion During the weekend,…
Cardano To Increase Block Size By 10%, Can ADA’s Price Benefit?
Via an official post, Cardano developer Input Output Global (IOG) confirmed the approval and implementation of a proposal to increase the network’s block size. Currently standing at 80 kilobytes (KB), the mainnet will see a 10% increase to 88 KB. Related Reading | Cardano (ADA) Is One Of The Worst Performing Crypto In Terms Of Profit Set to roll out today April 25 at 20:20 UTC, at the boundary of epoch 335, as confirmed by the company. IOG called this proposal a “significant network enhancement” set to increase Cardano’s throughput and…
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Cardano ADA News Today Cardano ADA has been weathering a price storm of late. But the alt coin is making some exciting new progress too. ADA is constantly upgrading and providing a complete proof-of-stake network protocol to its users. The crypto coin’s unique multi-layer architecture enables investors to gain real-world value along with other distinct benefits. This is one reason why ADA is viewed by many enthusiasts and investors as a potential long-term investment. And now Coinbase Accidentally Revealed THIS Secret About…