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Cardano

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano was founded by Charles Hoskinson, the co-founder of Ethereum. Development of the blockchain platform began in 2015 and was launched in 2017. 

After a disagreement with Ethereum co-founder Vitalik Buterin, Hoskinson ventured out on his own to create a blockchain improving on issues including scalability and interoperability. 

Unlike Bitcoin and Ethereum, Cardano is a proof-of-stake blockchain platform, which many consider to be a more sustainable and energy-friendly alternative to proof-of-work.

Cardano has a supply cap of 45 billion ADA. There are currently 32 billion ADA in circulation. ADA is the native token used on the Cardano network. 

Cardano is named after an Italian Renaissance mathematician, Gerolamo Cardano, and its native token ADA is named after Ada Lovelace, a 19th-century English mathematician sometimes credited as the first computer programmer.

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) has risen and reached the historical price level.

Cardano Trades In A Narrow Range After Peaking At $0.37

Polygon

Solana

Vlad Tenev, CEO of Robinhood Markets Inc (NASDAQ:HOOD), was asked about the performance of the cryptocurrency market, specifically regarding Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), during the third quarter earnings call on Tuesday. What Happened: He acknowledged that while there has been stronger performance in these cryptocurrencies, the volume trends have remained relatively subdued both industry-wide and on the Robinhood platform.

Robinhood's Tenev Teases EU Expansion, Addresses Relisting Delisted Tokens Like Cardano, MATIC And Solana

Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA's market cap is still about 75% of SOL's market cap.

Solana (SOL) Set To Take Market Share Away From Cardano (ADA), According to Bloomberg Crypto Analyst

Several altcoins are riding high, with XRP, ADA, and SOL all posting double-digit gains over the week.

XRP, Cardano And Solana Lead Crypto Gains Over the Week

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) continued to rise and broke through the $0.30 resistance level.

Cardano Exceeds $0.30 High, But A Fall Is Possible

New data from market intelligence firm Santiment shows that Ethereum (ETH) competitor Cardano (ADA) just hit a major milestone. In a new post on the social media platform X, the crypto analytics firm says that long-time ADA holders have suddenly started moving the largest amount of tokens in more than a year.

Ethereum (ETH) Rival Cardano (ADA) Hits On-Chain Milestone As Old Wallets Start To Move: Santiment

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) has regained upward momentum after breaking above the moving average lines.

Cardano Holds Above $0.27 And Continues Its Uptrend

The latest price analysis by Coinidol.com report, the price of Cardano (ADA) has remained above the lower price range after the recent decline.

Cardano Stops Above $0.24 As It Faces Fierce Opposition

Toncoin rose for a third straight day on Tuesday, despite crypto markets mostly stalling in today's session. At the time of writing, the global market cap is up 0.02%, as traders move to secure Monday's gains. Cardano was in the red, following a four-day bull run.

Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run

Digital assets manager CoinShares says XRP, Solana (SOL) and another Ethereum (ETH) rival are being favored by institutional investors in 2023 so far. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors have poured more money into Solana, XRP and Cardano (ADA) this year than any other altcoin, including ETH.

Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

A widely followed crypto strategist believes Cardano (ADA) is close to making a steep move to the downside. Analyst Benjamin Cowen warns his 787,000 YouTube subscribers that Cardano appears to be on the verge of breaking below a key support level on the weekly chart after retesting it several times since December 2022.

Cardano on the Cusp of a ‘Decisive Move' to the Downside, Says Top Analyst Benjamin Cowen – Here's the Timeline

A popular crypto analyst says Ethereum (ETH) challenger Cardano (ADA) may be approaching a long-awaited breakout moment. Ali Martinez tells his 31,100 followers on the social media platform X that ADA could move above the upper bound of an enduring consolidation range as early as December.

Here's When Ethereum Competitor Cardano May Witness Long-Awaited Breakout, According to Crypto Trader

The latest price analysis by Coinidol.com report, Cardano (ADA) price is falling below the moving average lines.

Cardano Bounces As Altcoin Stagnates Above $0.245

Blockchain analytics firm Santiment says that Ethereum (ETH) rival Cardano (ADA) just reclaimed the top spot in a ranking of development activity. According to the market intelligence platform, Cardano recorded 611.47 notable GitHub commits in the past 30 days, leading all other crypto projects.

Cardano (ADA) Regains Top Spot in Development Activity, According to Crypto Analytics Firm Santiment

On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender.

What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano

Toncoin rebounded from a three-week low on Thursday, as the cryptocurrency collided with a key support point. The move comes despite the global crypto market mostly consolidating during today's session. Cardano was another notable mover, rallying away from a support point of its own.

Biggest Movers: TON, ADA Rebound From Recent Points of Support

The latest price analysis by Coinidol.com report, Cardano (ADA) price, which was trading horizontally, has now risen above the moving average lines.

Cardano Gains, But Stops At The High Of $0.27

Bitcoin

Traders at Japanese exchange Bitbank said in a daily note that they expect bitcoin prices to move towards the $28,000 level, citing ETF optimism.

Bitcoin Traders Eye $28K; Solana, Cardano and Tellor Lead Altcoin Bump

Crypto analyst Nicholas Merten is concerned over the potential price corrections for major cryptocurrencies, including Cardano (CRYPTO: ADA), Ripple (CRYPTO: XRP), and Binance Coin (CRYPTO: BNB). "I think this is going to come down in history as one of the biggest distribution patterns in the history of crypto," Merten commented.

Cardano, XRP And Binance Coin Are On The Brink Of A Downturn, Crypto Analyst Warns

A widely followed crypto analyst is warning that several altcoins could soon undergo severe market corrections due to one main factor. In a new strategy session, DataDash host Nicholas Merten tells his 512,000 YouTube subscribers that declining market liquidity could send Cardano (ADA), XRP and Binance Coin (BNB) much lower.

No One's Prepared for Massive Cardano, XRP and Binance Coin Correction, Says Crypto Analyst Nicholas Merten

Cryptocurrency price analysis brought by Coinidol.com. The price of Cardano (ADA) has gradually returned to its previous level of $0.23.

Cardano Falls As Bears Target $0.23 Support Again

Dogecoin

“All financial markets have taken a wait-and-see approach ahead of monetary policy decisions in the U.S., Switzerland, the U.K. and Japan,” one analyst said.

Bitcoin Holds Above $27K; XRP, ADA, DOGE Trade Little Changed

Ethereum

Digital assets manager CoinShares reports that Cardano (ADA), Solana (SOL) and XRP products are bucking the trend of an otherwise pessimistic institutional investment climate. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says investors are currently less optimistic as reflected in outflows over eight of the last nine weeks totaling over $450 million.

Cardano, Solana and XRP See Institutional Inflows While Bitcoin and Ethereum Investments Slide: CoinShares

Digital asset investment products saw outflows of $54 million last week, adding to a near $0.5 billion in nine-week aggregate outflows.

Crypto funds hit half-billion dollar outflow streak as Solana, Cardano and XRP buck trend

Cryptocurrency price analysis brought by Coinidol.com. The price of Cardano (ADA) reaching a low of $0.255.

News for Cardano Crypto (ADA)