Tag: Cardano

Analysts bullish on Cardano, TRON, and Kangamoon

Emurgo CEO Ken Kodama plans to invest in 21 unexplored areas in Cardano (ADA). TRON (TRX) reached multi-week highs driven by increased daily transactions.  Meanwhile, experts are bullish on Kangamoon (KANG) as it leads the next generation of the play-to-earn (P2E) gaming scene. Summary Cardano is projected to reach $0.37 by the end of 2023 TRON can climb to $0.1 by the end of the year Kangamoon analysts are bullish, expect more gains on launch, and exchange listing Cardano outlook for Q4 2023 Emurgo plans to adopt a venture studio…

Cardano expands, investors eye Domini.art’s growth

Cardano’s scaling solutions and proof-of-stake approach serve as a model for projects aiming for long-term stability and success. The crypto market, which has been moving sideways for the better part of August and September, is now recovering and Cardano’s ADA seems to be riding this wave.  Similarly, Domini.art (DOMI), a project focused on the art market, aims to decentralize access and open up the industry to millions. DOMI is gaining traction with an increasing number of investors in its ongoing presale. While ADA might be available at bargain prices, considering…

These Countries Are Picking Shiba Inu Over Dogecoin And Cardano

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Shiba Inu has been constantly garnering favor among crypto investors since its first price surge back in 2021. Even with the price drop over the last year, the meme coin still features as an investor favorite, surpassing the likes of Cardano and Dogecoin in countries with a large crypto investor presence. Shiba Inu Search Surpass Dogecoin And Cardano Google Trends has shown that interest in Shiba Inu has surged ahead of that of Dogecoin in Canada and the United States, as well as Cardano. The data which shows the movements…

Emurgo to invest and fill 21 areas ‘missing’ from Cardano: Emurgo CEO

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Decentralized identities and layer-2 solutions are some of the “gaps” in Cardano that the Emurgo team is working to fill, according to its founder and CEO.  Cointelegraph Magazine editor Andrew Fenton spoke with Ken Kodama, the founder and CEO of Emurgo — which is one of the three entities governing Cardano. Kodama talked about shifting their current approach into a venture studio model to fill 21 categories that they believe are “missing from Cardano” when compared to other leading blockchains. According to Kodama, there are two key approaches to fill…

Cardano Whales Sell 1.02 Billion ADA, More Pain Ahead?

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On-chain data shows the Cardano whales have sold more than a billion ADA during the past week, a sign that pain may not be over for the asset yet. Cardano Whales Have Participated In Some Distribution Recently Cardano didn’t have the best time in August, as the cryptocurrency registered a more than 18% drop. This new month of September hasn’t been any better for ADA, as the asset has only continued to struggle sideways around its lows so far. At present, the asset is trading just under the $0.26 level.…

Cardano Announces Warp Transactions, ADA Remains Stuck In Ranging Market

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Strica, a company working on solutions and use cases for the Cardano blockchain, unveiled a new feature for the smart contract platform via their wallet, Warp Transactions.  According to an official press release, described as a “game changer for token transfers,” Warp Transactions were created to ease the burden of transaction fees paid when sending assets on this network.  Cardano New Feature Eliminates Sender Fees, But There Is A Clause Usually, on Cardano, every token transfer demands the sender to pay a minimum fee of 1.14 ADA to secure against…

Base Chain TVL Surpasses Cardano As Interest Swells

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Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official launch, despite Cardano experiencing a multi-year head start in growth and development.  Base TVL And Trading Volume Rises Above Cardano Presently, Cardano is facing criticism from users due to its TVL falling below that of the newly launched project “Base” built by Coinbase. One individual who has publicly criticized the project is Evan Van Ness, a Consensys member and Ethereum advocate. Van Ness took to his X (formerly…

Charles Hoskinson says SEC will not charge Cardano

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent interview, Charles Hoskinson confirmed that the United States Securities and Exchange Commission (SEC) has no plans to take action against Cardano. This news was reassuring and is amid the uncertainty in the crypto regulatory landscape. Regulations surrounding crypto have sparked extensive discussions and speculations. As various projects, including exchanges like Binance and Coinbase, are scrutinized, investors and enthusiasts are actively seeking clarity on how specific digital assets, including ADA, are being approached by…

Crypto Analyst Predicts Solana Could Mirror Cardano Price Action

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The general crypto market has seen a decline in the last week, with most assets recording significant losses. Solana (SOL), one of the most prominent cryptocurrencies, is down by 11.50% in the last seven days and 16.17% in the last month. Interestingly, popular crypto analyst, Benjamin Cowen has posted a puzzling prediction on Solana, drawing much similarity between the token’s current price movement and historical price data of fellow altcoin Cardano (ADA).  SOL To Close 2023 With Losses? According to an X post on August 23, Benjamin Cowem believes Solana’s…

Cardano Holder Resilience Tested As ADA Fends Off Bears

Cardano is currently facing a stark contrast between its promising development trajectory and the significant losses incurred by ADA holders.  Recent price analysis has revealed that the losses are nearing an astonishing 90%, sending waves of concern through the cryptocurrency community. The once-active addresses have dwindled, further accentuating the unease surrounding ADA’s price trend. In an accompanying chart in the analysis that lays bare the current situation, it becomes evident that nearly 4 million ADA addresses find themselves in the unfortunate position of holding the cryptocurrency at a loss. This…