While the crypto market remains highly volatile amid the ongoing armed conflict between Russia and Ukraine, Terra (LUNA) swiftly moved against the crowd and surged by more than 70% over the past seven days. At press time, LUNA was trading at $85.83, up 15.3% on the day, according to CryptoSlate data. On the weekly chart,…
“Pure-digital” payments processor Flexa has added support for ADA, the Cardano blockchain’s native cryptocurrency, bringing it to the network’s ever-growing roster of available payment options. “At last, the native asset of Cardano is live on Flexa. Now you can spend your $ADA instantly at over 40,000 locations across the US!” Flexa tweeted over the past…
Cardano just hit a major milestone by processing its twenty millionth transaction. What’s more impressive is that this was accomplished without a single outage in its four-year history. Despite this achievement, recent weeks have seen confidence in Cardano sink as the price of ADA struggles to gain a foothold. Since Alonzo smart contracts were rolled…
Ordinarily, when a crypto network sees an upgrade, its price tends to have a positive reaction, like it was seen during the launch of Ethereum’s EIP-1559 when the value of the asset rallied above the $3,000 mark again. However, in the case of Cardano, despite the implementation of its highly anticipated Alonzo upgrade that brought…
Cardano (ADA) sunk to $1.58 on Wednesday, marking a 15 week low. This coincided with news that social trading exchange eToro intends to delist both ADA and TRX, for U.S users, in the coming weeks. Source: ADAUSD on TradingView.com In the run-up to the release of Alonzo smart contracts, Cardano hit an all-time high of…
Cardano (ADA) is heading into the Basho phase, according to IOHK, as the developer team announced upcoming gradual adjustments, focused on “optimization, scaling, and network growth.” According to the announcement, IOHK already submitted two initial changes, namely Cardano’s block size increase and increase of Plutus script memory units per transaction. Increasing block size by 12,5%…
Cardano founder Charles Hoskinson once again reiterates the importance of fundamentals over short-term price action when commenting on the current market downturn. Instead of focusing on price, Hoskinson calls on those who are panicking over the sell-off to “calm down,” and “chill out,” implying there’s a bigger picture in play here. “Lately, I’ve seen an…
CoinShares data brought forth an interesting highlight that discusses investors’ renewed interest in altcoins such as Cardano and Ethereum. It mentions that the inflows towards Cardano have recorded a notable surge this week, nearly equaling the influx of Ethereum and bringing the total year-to-date amount to $108 million Ethereum inflows totaled $17.3 million last week…
The founder of Cardano, Charles Hoskinson, revealed what to expect in the up and coming 2025 roadmap. In his first AMA since returning from the Africa tour, Hoskinson spoke about how the 2025 roadmap is shaping up. He said working groups are currently in the process of evaluating what needs to be done on the…
Cardano continues going from strength to strength as staking addresses increase by over 100,000 in two months. According to the online staking metrics website pooltool.io, staking addresses hit 942,000 on November 10. Compared to 821,000 staking addresses on September 10, an increase of 121,000 or nearly +15% in two months. The numbers bode well insofar…