3 Catalysts That Propelled Cardano (ADA) to Its Three-Year High
ADA, a cryptocurrency backed by blockchain network Cardano, reached its best levels in the previous three years amid a major capital influx from Bitcoin to the altcoin market. The ADA/USD exchange rate hit $0.51 after rising more than 15 percent during the Asian session Friday. The pair’s gains appeared as a part of a broader […]
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At the start of the year, Cardano’s market cap was hovering around $5.6bn. However, in five weeks, a flood of bullish sentiment has propelled this figure to $28.4bn. This was enough to leapfrog the likes of XRP and Polkadot to take the fourth spot on CoinMarketCap. Likewise, over this period, the price of ADA is […]
Cardano has been one of the networks that have garnered a good following over the last couple of years. The network’s launch of smart contract capabilities had propelled it further into the limelight, strengthening its community in the process. However, despite the growth that the network has recorded in the last few years, it has […]
In a recent event, Cardano made some waves once again with some big announcements, and a unique one in particular with esports that will shake up the fast growing NFT esports world. This year’s Cardano Summit recently wrapped up, showing promising hope for Cardano and ADA as we head into the 4th quarter. Cardano Connecting […]
Today has been a monumental day for Cardano. Caught within the recent crypto bull market, its token, ADA, hit a new all-time high price of $1.38 this evening. This marks an increase of approximately 2600% over the past year, as tracked by Messari. In fact, this milestone brings with it more good news for the smart contract platform. Over the past 24 hours, the surge of interest in Cardano has brought its on-chain transaction volume […]
An analytics firm has discussed about how the adoption of the Cardano (ADA) network has hit a phase of stagnation during the past year. Cardano Total Holders Are Unchanged From One Year Ago According to data from IntoTheBlock, ADA has seen its userbase stagnate over the last year. The metric of interest here is the […]