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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.

Ether

Cardano's (CRYPTO: ADA) ambitious "Chang hard fork" went live on Sunday, marking the Layer-1 blockchain's shift toward decentralized governance. What happened: Romain Pellerin, the CTO of IOG—the company behind the blockchain's development—announced on X that the upgrade was successfully executed.

'Ethereum Killer' ADA Set To Get A Utility Boost As Cardano Upgrade 'Chang' Goes Live

Over the next 90 days, Cardano's token holders will take complete control over the Layer 1 blockchain in a significant push for decentralization.

Cardano shifts to decentralized governance as Chang hard fork goes live

The highly anticipated upgrade markes the ecosystem's long-planned shift towards decentralized governance.

Cardano's Chang Hard Fork Goes Live, Introducing On-Chain Governance

A date has been set for the Cardano (ADA) blockchain to go ahead with its long-awaited Chang hard fork. In a post on the social media platform X, the Cardano Community says that the Chang upgrade will move forward on September 1st.

Cardano's Long-Awaited Chang Hard Fork Upgrade Scheduled for September 1st

Cardano (CRYPTO: ADA) blockchain is gearing up for its most substantial upgrade in two years, which will introduce new mechanisms allowing users to participate in on-chain governance. What Happened: The upgrade, named the “Chang hard fork,” marks a critical point in Cardano's development, following the highly anticipated addition of smart contract functionality in 2021.

Cardano's 'Chang' Hard Fork Network Upgrade Delayed Until September

Cardano's (ADA) price decline reached a bearish exhaustion on August 5 with a low of $0.27. Price analysis by Coinidol.com.

Cardano Recovers Above $0.30 And Starts Its Bullish Uptrend

The main feature of the upgrade is to give Cardano the ability to introduce on-chain governance features.

Cardano Blockchain Heads for 'Chang Hard Fork,' Biggest Upgrade in Two Years

The price of Cardano (ADA) has resumed its uptrend above the 21-day moving average line as it enters the oversold territory.

Cardano Slides Above Its Initial Barrier And Aims Up Of $0.50

Bitcoin

Traders said that bitcoin would need to break above the $61,000 level and stay above it if sentiment were to change among market participants. PLUS: Trump retakes lead over Harris and Tron's TRX surges on Sunpump.meme's growth.

Trump Tops Harris On Polymarket; Tron, Cardano in Green as Bitcoin Sinks

Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30 days alone, it has dropped 23% against the U.S. dollar.

Tron Triumphs as Cardano Fades—ADA Drops From Crypto's Top 10

Cardano's token is out of top 10 cryptocurrencies by market cap for the first time since hitting a market dominance of over 4% in 2021.

Cardano drops out of the top 10 cryptocurrencies by market cap ranking

Dogecoin

Solana

In mid-August, bitcoin's price dipped below $60,000, hitting a low of $56,646 per BTC on Thursday. Currently, BTC is hovering just above $58K, sitting at $58,267, which is about 20.2% lower than its all-time high (ATH) of $73,737 reached on March 14. While BTC has seen a 20.

Top 10 Cryptos Today: Down Between 20% and 89% From All-Time Highs

Cardano's (CRYPTO: ADA) stable user base has prompted some traders to consider the altcoin as undervalued and due for a potential bullish reversal. What Happened: An IntoTheBlock analysis of the Cardano network shows that despite challenges in attracting new users, the number of addresses with a balance has remained steady at around 4.45 million for over a year.

Cardano's Long-Term Holders At An All-Time High: Is A 'Bullish Reversal' In The Making?

The price of Cardano (ADA) has reached bearish exhaustion and has fallen below the moving average lines. Price analysis by Coinidol.com.

Cardano Bounces Above $0.30 And Reaches Bearish Fatigue

Cardano (ADA) founder Charles Hoskinson is issuing a warning to the crypto industry as the 2024 US presidential election enters the final three months. Hoskinson says on the social media platform X that the administration of President Joe Biden and Vice President Kamala Harris continues to wage war on the crypto industry.

A Vote for Harris Is a Vote Against American Crypto Industry, Says Cardano Founder Charles Hoskinson

The price of Cardano (ADA) has fallen below the moving average lines again after rejecting the high at $0.456. Price analysis by Coinidol.com.

Cardano Is In A Steady Decline To A Low Of $0.338

The price of Cardano (ADA) fell below the moving average lines on July 25. After a rejection at the $0.46 resistance zone, the cryptocurrency fell to a low of $0.382.

Cardano Fluctuates But The Price Is Below The $0.41 Resistance Level

Odds of a big rally for Ethereum (ETH) rival Cardano (ADA) and two other altcoin projects are rapidly increasing, according to the crypto analytics firm Santiment. Santiment reports that ADA, fan engagement token Chiliz (CHZ) and ETH rival Fantom (FTM) are facing negative funding rates, setting the stage for short squeezes.

Cardano and Two Additional Altcoins Showing Higher Chances of Liquidation-Fueled Rallies, According to Analytics Firm Santiment

The price of Cardano (ADA) continued its upward trend after the rally on July 13. The altcoin rose to a high of $0.4568 but paused there. ADA price analysis by Coinidol.com.

Cardano Pauses Below $0.46 And Continues Its Ascent

The Cardano development team has launched “Node 9.0,” the latest version of its validator node software, marking a crucial milestone towards the upcoming Chang hard fork.

Cardano Releases “Node 9.0” Validator Software Ahead of Chang Hard Fork

Chainlink

Litecoin

Uniswap

Prominent crypto analytics firm Santiment is unveiling a list of large-cap altcoins that may see short-term rallies following last week's correction. The crypto insights firm says on the social media platform X that the Market Value to Realized Value (MVRV) metric of seven altcoins has dropped to negative territory.

Ethereum, Dogecoin and Five Additional Altcoins Flashing Short-Term Bullish Signal, According to Santiment

The price of Cardano (ADA) has fallen below the moving average lines after being trapped by them on July 1. Cryptocurrency price analysis brought by Coinidol.com.

Cardano Enjoys Strong Support But Risks A Drop To $0.25

Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher.

CoinDesk 20 Performance Update: ADA and XRP Lead

Cardano (ADA) fell further to a low of $0.35 on June 18, but the bulls bought the dips. Support has remained stable over the past week.

Cardano Stabilizes Above $0.37 But Risks A Possible Crash

Crypto researcher Trade The Flow on Thursday offered trading ideas to navigate the current sideways price action in the crypto markets. What Happened: Trade The Flow suggested that long/short pair trading could be an effective strategy in these choppy conditions and offered several trade ideas.

News for Cardano Crypto (ADA)