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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.

Shiba Inu

Solana

Meme coin Shiba Inu (CRYPTO: SHIB) is currently witnessing a significant drop in trading volume, hitting a low not seen in four months after struggling to build momentum from a local support level reached a few days ago. This stagnation in trading activity may be due to the general inactivity in the cryptocurrency market, which raises questions about Shiba Inu's ability to re-establish its upward trajectory in the near future, stated U.Today in its market report.

Shiba Inu Trading Volume Plummets To Unimaginable Lows, While Solana and Cardano Struggle: Is This The End Of The Meme Coin Era?

Polygon

While Ethereum remains by far the most popular blockchain for minting NFTs, Polygon, Cardano and Solana have all seen small bumps in sales volume in recent weeks.

Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sales Slump

The anetaBTC project aims to attract bitcoin liquidity to the Cardano ecosystem.

Wrapped Bitcoin Token Goes Live on Cardano Testnet

Xrp plunged to a multi-week low in Friday's session, as the token slipped for a third consecutive session. The move pushed prices to their lowest point since late March, with the global market cap trading 2.39% lower as of writing. Cardano also fell to a two-week low.

Biggest Movers: XRP, ADA Drop to Multi-Week Lows on Friday

The price of Cardano (ADA) has risen above the moving average lines, resuming its increase.

Cardano Pulls Back But Takes Aim At High At $0.51

New data from crypto insights firm Messari shows the Cardano (ADA) ecosystem's rapid expansion over the last year. In a new report, Messari says that Cardano's total value locked (TVL), or the amount of assets sitting within its protocols, has gone up 172% quarter over quarter (QoQ).

Cardano DeFi Ecosystem Explodes As Ethereum Rival's TVL Goes Up 172% Since Last Year: Crypto Insights Firm

Cardano rose to a fresh multi-month high on Saturday, as the token surged for a ninth consecutive session. The price is now up by over 15% in that time, cementing its place as the world's seventh-largest cryptocurrency. Avalanche is also trading higher, hitting a two-month high in the process.

Biggest Movers: ADA Price Climbs for Ninth Consecutive Day

Cardano rose to its highest level in seven-months on April 14, as cryptocurrency markets remained bullish. The global crypto market cap rose by as much as 2.25% on Friday, with bitcoin moving above $31,000. Xrp was another notable gainer, as the token hit a two-week high.

Biggest Movers: ADA Surges to 7-Month High, as XRP Extends Recent Gains 

Popular cryptocurrency analyst Ali Martinez has identified a technical indicator, suggesting that Cardano (CRYPTO: ADA) could be on the cusp of a significant price surge. What Happened: The analyst told his 23,800 followers on Twitter that after approaching a major technical level, ADA is on the verge of confirming a head and shoulders charting pattern.

Cardano's 'Head And Shoulder' Technical Indicator Signals 44% Price Breakout, Says Analyst

Cardano (CRYPTO: ADA) is trading higher by 4.05% to $0.42 Thursday afternoon. Several altcoins are trading higher on continued upward momentum in cryptocurrencies.

Why Cardano (ADA) Is Rising

Blockchain creator Input Output Global (IOG) just unveiled Lace, Cardano's (ADA) first light wallet that enables users to send and receive ADA, crypto and non-fungible tokens (NFTs). The developer team says the first version of the wallet dubbed Lace 1.

New Cardano (ADA) Wallet Lace Launched by Input Output Global (IOG), Developer Team Promises Slew of Updates

Cardano (ADA) price retraces as it maintains its pattern of higher highs and higher lows.

Cardano Holds Above $0.39 And Continues Its Uptrend

Users can stake ada tokens directly from Lace to contribute to the security of the Cardano network and receive rewards for their participation.

Cardano Developer IOG Releases Lace Wallet, Boosting ADA Ecosystem

Cardano rose for a second straight session to start the weekend, as the token continued to move away from a key price floor. Cryptocurrency markets were marginally higher in today's session, with the global market up 0.56% as of writing. Solana continued to consolidate on Saturday.

Biggest Movers: ADA Extends Gains, as SOL Consolidates on Saturday

Cardano (ADA) is expected to be rejected despite its rising price at its high of $0.42.

Cardano Is On The Rise, But Could Face Rejection At A High Of $0.42

Users can connect and play any on-chain game using ADA tokens directly from their wallets.

Cardano Gets Onchain Gaming Boost as Paima Layer 2 Goes Live

Bitcoin Cash

Cardano ended a two-day losing streak on Monday, as the token moved closer to a two-month high to start the week. Cryptocurrency markets were mostly lower in today's session, with the global market cap down 0.36% as of writing. Bitcoin cash also climbed, hitting a ten-day high.

Biggest Movers: ADA Snaps Losing Streak as BCH Moves to 10-Day High

Cardano (ADA) creator Charles Hoskinson is predicting nation-states will adopt the smart contract platform within the next decade if anti-crypto forces do not get in the way. In a new video update, Hoskinson tells his 320,000 Youtube subscribers that nation-states will likely one day rely on the Cardano ecosystem for a range of useful functions.

Charles Hoskinson Predicts Nation-States Will Adopt Cardano (ADA) in 5 to 10 Years – But There's a Catch

Cardano moved to a six-week high on Friday, as consumer sentiment in the United States fell by more than expected. The University of Michigan's monthly report fell to a reading of 62 in March, lower than the 63.2 sum markets were expecting. Chainlink also climbed, breaking out of a key resistance level.

Biggest Movers: Cardano Moves to 6-Week High, Climbing by Over 6% on Friday

Cryptocurrency analyst Benjamin is warning that Cardano (ADA) and other altcoins are primed for losses when paired against Bitcoin (BTC). Cowen tells his 738,700 Twitter followers that against Bitcoin, Cardano could bottom out at 0.00000400 BTC, or $0.11, a drop of 69.8% from current levels. “I think ADA/BTC would be lucky to bottom at 0.

Ethereum Rival Cardano Set To Plunge 70% Against Bitcoin, Says Analyst – Here's the Timeline

Ethereum

The move will be enabled after an upcoming feature on Milkomeda, an Ethereum Virtual Machine network, goes live.

Cardano Users Can Soon Access Ethereum dApps Directly From ADA Wallets

Top smart contract platform Ethereum (ETH) is flashing a handful of bearish indicators, according to the crypto analytics firm Santiment. Santiment notes in a new analysis that Ethereum's active addresses, active deposits, and transaction volume are all showing bearish divergences compared to ETH's price. ETH is trading at $1,806 at time of writing.

Analytics Firm Santiment Tracks Cardano Accumulation, XRP Profit-Taking and Flashing Ethereum Indicators

The price of Cardano (ADA) is on the rise again after breaking the 50-day line SMA twice.

Cardano's Upward Momentum Wanes As It Encounters Rejection At $0.39

JPG.Store improves its site's language translations to provide easier access for international artists to create NFTs for a global community of buyers. JPG.Store announced the launch of ‘language localization,' a feature which improves the quality of the site's translations for the benefit of its global community.

Cardano's Top NFT Marketplace JPG.Store Announces Plans To Empower More Artists Globally

Polkadot

Polkadot (DOT), Kusama (KSM) and Cardano (ADA) are leading the crypto space in terms of “notable” GitHub development activity, according to the crypto analytics firm Santiment. Santiment notes that Polkadot and its canary test network Kusama both registered 591.47 Github commits in the past 30 days, leading all other crypto assets. Ethereum (ETH) competitor Cardano registered 531.

News for Cardano Crypto (ADA)