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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.

A closely followed crypto analyst says that smart contract platform Cardano (ADA) could see massive gains in the coming weeks.

‘A Big Move Is Near': Crypto Trader Says Ethereum Competitor Could Skyrocket by 266% Within a Few Weeks

Dogecoin

On Friday, Jan. 3, 2025, bitcoin's valuation ascended decisively beyond the $98,000 mark, contributing to a 2.52% expansion in the broader cryptocurrency market over the preceding 24 hours. While bitcoin exhibited a notable advance, it was dogecoin (DOGE) and cardano (ADA) that emerged as the focal points among the top-tier digital assets.

ADA and DOGE Dominate as Crypto Economy Reaches $3.48T Ahead of Weekend

Internet Computer (ICP) joined Cardano (ADA) as a top performer, gaining 10.6%

CoinDesk 20 Performance Update: ADA Gains 12%, Leading Index Higher

Bitcoin

ADA's bump came on no immediate catalyst, but the protocol is set to see several fundamental developments in the coming months.

Cardano's ADA Zooms Above $1 as Bitcoin Remains Rangebound

Cardano (CRYPTO: ADA) is up over 13% in the past 24 hours, driven by renewed market enthusiasm after co-founder Charles Hoskinson expressed confidence in the platform's future. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Cardano (CRYPTO: ADA) $0.9675 $33.99 billion +13.7% +10.9% TRON (CRYPTO: TRX) $0.2617 $22.6 billion +3.3% +3.8% XRP (CRYPTO: XRP) $2.40 $138 billion +12.7% +9.8% Trader Notes: Crypto analyst Ali Martinez on Thursday flagged a buy signal on ADA's daily chart, pointing to potential further gains.

Cardano Price Surges 13% On Thursday: What Is Driving ADA Momentum?

The price of Cardano (ADA) fell below the moving average lines and hit a low of $0.84. The price indication had earlier predicted a fall to a low of $0.48.

Cardano Falls Towards The $0.48 Low

Widely followed analyst Michaël van de Poppe believes it's only a matter of time before Bitcoin (BTC) and altcoins regain their bullish momentum. The trader tells his 759,000 followers on the social media platform X that he thinks Bitcoin and altcoins are close to carving a local bottom.

Analyst Says ‘Up Only' Price Action on the Horizon for Bitcoin and Altcoins, Predicts New Leg Up for Cardano

Cardano (ADA) is bearish but remains between the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.

Cardano Trades Below $1.00, But Risks A Possible Decline

A widely followed crypto analyst is identifying the downside price target for smart contract platform Cardano (ADA) if it undergoes another correction. In a new video update, crypto strategist Benjamin Cowen tells his 849,000 YouTube subscribers that if the Federal Reserve doesn't bring back quantitative easing (QE), then ADA could continue to slip.

Here's a Potential Downside Price Target for Cardano If ADA Sees New Correction, According to Benjamin Cowen

Cardano (ADA) reached a high of $1.32 before being rejected. The cryptocurrency was projected to reach its peak price of $3.00.

Cardano Falls Down When Reaching The High Of $1.32

An on-chain analyst says deep-pocketed investors are loading up massive amounts of Cardano (ADA) and a top memecoin as the market went sideways for the past week. Analyst Ali Martinez tells his 98,800 followers on the social media platform X that crypto whales accumulated $85.6 million worth of ADA in a couple of days.

Crypto Whales Gobble Up Nearly $149,600,000 Worth of Cardano and Large-Cap Memecoin in Just Two Days: Analyst

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week's market dip.

Whales Accumulate Bitcoin, Dogecoin, Cardano and One Other Altcoin Amid Brief Market Dip This Week, Says Analyst

The price of Cardano (ADA) has continued to recover from the bottom of the chart after being trapped at the high of $1.20. The cryptocurrency is recovering and is on track to reach its peak price of $3.00.

Cardano Rises But Falls Below $1.20

The cryptocurrency market is facing a downturn as Bitcoin recently dipped below $100,000, dropping from a high of $101,000 to $96,880.

XRP, Tron and Cardano Face Sharp Declines as Bitcoin's Drop Triggers Record Bullish Liquidations

Bitcoin is again outperforming, sliding just 3% back to $95,000.

XRP, APT, ADA Tumble Another 15%; Investors May Be Paring Longs Ahead of CPI Data

XRP's 7-day loss reached 14%, while Cardano's ADA led the top ten coins with a 19% negative price movement. XRP and ADA Record Double-Digit Weekly Losses On Tuesday, Dec. 10, XRP briefly dropped to $2.14, an almost 20% plunge from its Monday peak of $2.61.

Crypto Volatility Strikes: XRP, ADA Suffer Double-Digit Losses Over 7 Days

“Historically, these dips have been followed by swift recoveries as fresh capital flows back into oversold assets," a CoinSwitch analyst told Decrypt.

Altcoins XRP, Tron and Cardano Cool Off as Market Reacts to Bitcoin Plunge

The CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market cap, fell 3.6%. Weakness in majors saw midcaps fall as much as 10%, per Coingecko data.

Cardano, XRP Lead Losses Among Majors as Market Slide Liquidates $300M Bullish Bets

The SEE Institute and Cardano Foundation have partnered to integrate blockchain technology into global sustainability efforts. Advancing Blockchain-Powered Sustainable Solutions The Dubai-based sustainability education and business incubation hub, SEE Institute, has signed an agreement with the Cardano Foundation to incorporate blockchain technology into its global sustainability efforts. The partnership aims to advance blockchain-powered sustainable solutions.

Dubai's SEE Institute and Cardano Foundation Collaborate to Advance Blockchain-Powered Sustainability

False claims of an SEC lawsuit and ADA token burns from a hacked Cardano Foundation account sent shockwaves through the cryptocurrency community, sparking panic.

ADA Panic: SEC Lawsuit Hoax and Burn Scare Rock Cardano Community

The relatively sophisticated scam attempt had some Cardano users trading the token, which saw $500,000 in trading volume.

Hacked Cardano Foundation X account posts fake token, false SEC lawsuit notice

Cardano (ADA) price has risen from the bottom of the chart and has broken above the moving average lines and resistance at $0.76.

Cardano Surpasses The Famous $1.18 Barrier

Solana

The co-founders of the crypto analytics platform Glassnode believe that Solana (SOL) may be gearing up for a massive run after being outperformed by rivals.

Solana Primed To Rally After Underperforming XRP and Cardano, According to Glassnode Co-Founders – Here's Why

Analysis of $XRP, $XDC, $QNT, $POL, and $ADA My top 5. Cryptocurrencies are evolving beyond mere financial instruments, driving utility across various sectors.

My Top 5 Cryptocurrencies

Hedera

The chief investment officer of Morgan Creek Capital is revealing his top five altcoins picks heading into the new year. In a new interview on the Altcoin Daily YouTube channel, Mark Yusko names his top token picks, including prominent smart contract platforms Solana (SOL) and Cardano (ADA).

News for Cardano Crypto (ADA)