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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 popular crypto trader thinks Ethereum (ETH) competitor Cardano (ADA) could be mimicking price movement from a past market cycle and primed to surge soon.

Crypto Trader Says Cardano Could Be Mirroring Past Cycle, Predicts ADA Could Surge 100% by Late December

Bitcoin

Dogecoin

The CoinDesk Market Index has added almost 4% in the past 24 hours.

Cardano, Dogecoin Lead Price Gains Among Major Cryptocurrencies as Bitcoin Nears $38K

Cardano(ADA) is currently trading in the overbought zone of the market. ADA price analysis by Coinidol.com.

Cardano Starts The Second Upward Wave And Stays Above $0.34

Crypto analyst Fiery Trading has an exceptionally bullish forecast for the price of Cardano (CRYPTO: ADA), suggesting a 9,990% surge to $35. What Happened: Fiery Trading bases this projection on the assertion that ADA has surpassed its lowest value and is now steadily climbing, noting a recent positive trend in its market performance.

ADA To The Moon? Analyst Foresees A Whopping 10,000% Surge For Cardano, Reaching $35 Levels

Cardano founder Charles Hoskinson has expressed interest in a possible collaboration with Kraken to create a Layer-2 network.

Cardano's Charles Hoskinson Eyes Partnership In Kraken's Layer-2 Blockchain Project

Ethereum

Chainlink

Leading analytics firm Santiment says the recent digital asset market uptick has been accompanied by a spike in crypto whale activity. Santiment notes that whales on the Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Chainlink (LINK) networks have all hit their highest activity levels in the past six months.

Whale Activity Spikes on Bitcoin, Ethereum, Cardano, and Chainlink Networks: Crypto Analytics Firm Santiment

Uniswap

Crypto trader Ali Martinez says that the largest memecoin by market cap could surge after overcoming a key resistance level. Martinez tells his 32,300 followers on the X social media platform that if Dogecoin (DOGE) manages to climb above the $0.076 resistance level, the leading memecoin could surge by around 13% from the current level.

Crypto Trader Says One Shiba Inu Rival Hinting at a Potential Breakout, Updates Outlook on Cardano and Uniswap

The DEX previously said traders lost a significant amount of ADA due to a “misunderstanding” about how the platform operates, but confirmed it would refund losses at the time.

Cardano-Based DEX MuesliSwap to Open Refund Site 'Soon' as Some Users Voice Concerns

Polkadot

The ninth-largest cryptocurrency by market cap is leading in terms of blockchain development activity, according to analytics platform Santiment. Santiment says that over a 30-day period, Cardano (ADA) is the top blockchain in terms of development activity with 502.57 GitHub commits over a 30-day period.

Cardano (ADA) and One Additional Ethereum Rival Leading in Development Activity: Santiment

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) has risen and reached the historical price level.

Cardano Trades In A Narrow Range After Peaking At $0.37

Polygon

Solana

Vlad Tenev, CEO of Robinhood Markets Inc (NASDAQ:HOOD), was asked about the performance of the cryptocurrency market, specifically regarding Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), during the third quarter earnings call on Tuesday. What Happened: He acknowledged that while there has been stronger performance in these cryptocurrencies, the volume trends have remained relatively subdued both industry-wide and on the Robinhood platform.

Robinhood's Tenev Teases EU Expansion, Addresses Relisting Delisted Tokens Like Cardano, MATIC And Solana

Bloomberg Intelligence analyst Jamie Coutts says that Ethereum (ETH) competitor Solana (SOL) is well-positioned to perform stronger against fellow ETH rival Cardano (ADA). Coutts says that Solana has a lot more daily users than Cardano but that ADA's market cap is still about 75% of SOL's market cap.

Solana (SOL) Set To Take Market Share Away From Cardano (ADA), According to Bloomberg Crypto Analyst

Several altcoins are riding high, with XRP, ADA, and SOL all posting double-digit gains over the week.

XRP, Cardano And Solana Lead Crypto Gains Over the Week

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) continued to rise and broke through the $0.30 resistance level.

Cardano Exceeds $0.30 High, But A Fall Is Possible

New data from market intelligence firm Santiment shows that Ethereum (ETH) competitor Cardano (ADA) just hit a major milestone. In a new post on the social media platform X, the crypto analytics firm says that long-time ADA holders have suddenly started moving the largest amount of tokens in more than a year.

Ethereum (ETH) Rival Cardano (ADA) Hits On-Chain Milestone As Old Wallets Start To Move: Santiment

Cryptocurrency analysts of Coinidol.com report, the price of Cardano (ADA) has regained upward momentum after breaking above the moving average lines.

Cardano Holds Above $0.27 And Continues Its Uptrend

The latest price analysis by Coinidol.com report, the price of Cardano (ADA) has remained above the lower price range after the recent decline.

Cardano Stops Above $0.24 As It Faces Fierce Opposition

Toncoin rose for a third straight day on Tuesday, despite crypto markets mostly stalling in today's session. At the time of writing, the global market cap is up 0.02%, as traders move to secure Monday's gains. Cardano was in the red, following a four-day bull run.

Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run

Digital assets manager CoinShares says XRP, Solana (SOL) and another Ethereum (ETH) rival are being favored by institutional investors in 2023 so far. In its latest Digital Asset Fund Flows report, CoinShares finds that institutional investors have poured more money into Solana, XRP and Cardano (ADA) this year than any other altcoin, including ETH.

Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

A widely followed crypto strategist believes Cardano (ADA) is close to making a steep move to the downside. Analyst Benjamin Cowen warns his 787,000 YouTube subscribers that Cardano appears to be on the verge of breaking below a key support level on the weekly chart after retesting it several times since December 2022.

Cardano on the Cusp of a ‘Decisive Move' to the Downside, Says Top Analyst Benjamin Cowen – Here's the Timeline

A popular crypto analyst says Ethereum (ETH) challenger Cardano (ADA) may be approaching a long-awaited breakout moment. Ali Martinez tells his 31,100 followers on the social media platform X that ADA could move above the upper bound of an enduring consolidation range as early as December.

Here's When Ethereum Competitor Cardano May Witness Long-Awaited Breakout, According to Crypto Trader

The latest price analysis by Coinidol.com report, Cardano (ADA) price is falling below the moving average lines.

Cardano Bounces As Altcoin Stagnates Above $0.245

Blockchain analytics firm Santiment says that Ethereum (ETH) rival Cardano (ADA) just reclaimed the top spot in a ranking of development activity. According to the market intelligence platform, Cardano recorded 611.47 notable GitHub commits in the past 30 days, leading all other crypto projects.

Cardano (ADA) Regains Top Spot in Development Activity, According to Crypto Analytics Firm Santiment

On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender.

What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano

Toncoin rebounded from a three-week low on Thursday, as the cryptocurrency collided with a key support point. The move comes despite the global crypto market mostly consolidating during today's session. Cardano was another notable mover, rallying away from a support point of its own.

News for Cardano Crypto (ADA)