Here’s Why Cardano’s Price And TVL Have Been Surging Lately
Cardano has been on the rise recently to the surprise of many in the space. Not only has the value of the digital asset gone up but the total value locked (TVL) on the network has also been surging. This comes off the back of a disappointing downtrend that saw ADA fall to $0.5. Nevertheless, […]
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Cardano’s Mary upgrade and token gains are poised to compete with Ethereum, while metrics suggest that Ethereum is still king. The Cardano Foundation's coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date. Apart from the macro trends in the cryptocurrency industry driving up the price of flagship assets, such as Bitcoin (BTC) and Ether (ETH) translating to other altcoins, such as LINK, DOT, etc., Cardano’s growth could also be attributed to the network updates that Cardano has been running on its blockchain....
The price of Bitcoin (BTC) just surpassed $16,000 on the fourth retest. Yet, across BitMEX and Bitfinex, short liquidations totaled around $13 million. This shows that rather than an overheated futures-driven rally, the ongoing uptrend is organic. Still, the price of Bitcoin declined by 3.5% swiftly after reaching $16,160 on major exchanges including Binance. Within […]
Ethereum has seen some notable strength today despite Bitcoin’s lackluster price action This has allowed it to gain some serious ground on its BTC trading pair, and the crypto is on the cusp of seeing a massive breakout Where it trends in the mid-term will undoubtedly depend at least partially on whether or not bulls […]
The Vasil hard fork was originally scheduled to go live in June, but teams behind the Cardano blockchain development have prioritized a smooth network transition. After failing to go live last month, the Cardano Vasil hard fork is delayed again as teams behind the Cardano blockchain development target a smooth network upgrade.Input Output Global (IOG), the organization responsible for Cardano’s research and development, released a YouTube update on Thursday on the upcoming Vasil hard fork.IOG technical manager Kevin Hammond announced that the Vasil hard fork will be postponed one more time....
Bitcoin is surging higher despite uncertainty relating to the election. The leading cryptocurrency currently trades for $14,030, around $700 about the daily lows and around $800 above the week-to-date lows. The coin is up 3.5% in the past 24 hours, outperforming many top altcoins. It seems that Bitcoin’s rapid price action to the upside is […]