Here’s What Cardano Will Roll Out With New Upgrade As ADA Price Soars 12%
Cardano follows the general sentiment in the market as it records a 4.2% profit in the last 24 hours. The price of ADA trades north of $0.96 with a 12.6% profit in the last 7 days. Cardano seems to benefit from an overall increase of demand across digital assets and potential mitigation of macro-economic headwinds for risks-on assets. In addition, the network seems to be steadily moving towards new improvements. Related Reading | Cardano Inventor Front-Ran SundaeSwap Users? Research Casts Light Per a recent update from Input Output Hong Kong (IOHK), the company behind Cardano’s....
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On Friday, the price of the token cardano spiked over the $2 handle nearing the crypto asset’s all-time high that took place three months ago. Cardano’s price jump derived from a video announcement stemming from Cardano’s Nigel Hemsley when he explained the Cardano network would upgrade on September 12, 2021. The highly anticipated “Alonzo Purple” upgrade aims to boost the Cardano project with fully functional, advanced smart contract solutions. Alonzo Upgrade Scheduled for September 12 Cardano is looking to upgrade the network in the near future, as....
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....
After an abysmal July, the world of DeFi is once again picking up speed – with Cardano ahead of the pack. As the price of Cardano soars to new heights, its widespread community is looking for projects that will accelerate the seismic reorientation of the DeFi industry away from Ethereum. KICK.IO, a non-custodial fundraising launchpad […]
Cardano is gradually pushing through most of its network’s building phases. The Basho phase, the fourth of the five stages of Cardano’s developing plans, is progressing. The first three phases were Goguen, Byron, and Shelley, which provide smart contracts, the foundation, and decentralization, respectively. Finally, Vasil, the primary feature of Basho, is launched on Cardano’s testnet with a focus on scalability. In recent news, the Cardano network has completed the hard fork of Vasil on its testnet. This latest successful move prepares the network for the upcoming....
Bondly will transition its cryptocurrency, OTC platform BSwap, and e-commerce platform BONDProtect over to Cardano from Polkadot. Decentralized e-commerce platform Bondly will be the first decentralized finance project to run on the Cardano blockchain as part of the platform’s roll-out of the Goguen smart contract functionality.In the Twitter announcement, the firm that built the Cardano platform, IOHK, called the partnership, “A huge step in continuing both companies’ mission to bring decentralized finance to the masses.”The Goguen roll-out, which is expected to be completed by Feb. 2021,....