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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.

Cardano (ADA) is sliding below the moving average lines at the moment.

Cardano Is In A Range, But Risks Further Decline To $0.32

In an unprecedented development within the digital asset investment space, investors seem to be shying away from Bitcoin (CRYPTO: BTC) and looking toward alternative cryptocurrencies. Outflows from Bitcoin investment products have amounted to $38 million in the past week, contributing to a total of $160 million in outflows over the past four weeks.

Tron, Cardano, and Sandbox Surge As Investors Dump Bitcoin

Bitcoin

Digital asset investment products saw a fourth consecutive week of outflows.

Cardano, tron, sandbox draw interest as investors shy away from bitcoin: CoinShares

Cardano's (ADA) decentralized finance (DeFi) ecosystem is evolving rapidly on the back of recent developments, according to the Ethereum (ETH) rival's developers. In a new update, Cardano developer Input Output Global (IOG) says that the introduction of ADA-backed stablecoin Djed has helped the DeFi ecosystem expand greatly as of late.

Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global

The tool, the first in a planned suite of products, aims to speed up transaction times on Cardano.

Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet

Cardano (ADA) is losing value as it falls below the moving average lines.

Cardano Continues To Drop To Low Of $0.32

Polygon

The content-sharing platform LimeWire is integrating a number of cryptocurrencies for customers to purchase a new token for the ecosystem. According to LimeWire, the latest crypto added to the payment methods to purchase the LimeWire Token (LMWR) is XRP.

File-Sharing Giant LimeWire Integrates Cardano, XRP, Polygon and Others As Payment for New Token Launch

Cardano (ADA) creator Charles Hoskinson is warning that this year's collapse of US banks could cause a repeat of the 2008 financial crisis. In a new interview with Fox Business, the creator of the smart contract platform says that the US banking model is wearing thin as cryptocurrencies show resiliency under tough macroeconomic conditions.

Cardano Creator Charles Hoskinson Warns of 2008 Rerun As Current Banking Model Falls Apart

Cardano (ADA) was stuck between the moving average lines last week and was in a downtrend.

Cardano Loses Value, Threatens Drop To Low Of $0.35

Polkadot

A blockchain analytics platform is revealing that over the past 30 days, Polkadot (DOT), Kusama (KSM) and Cardano (ADA) have emerged as the top-three crypto assets in development activity. According to Santiment, the three smart contract-enabled blockchains all recorded over 400 GitHub commits over the last 30 days.

Polkadot, Kusama and Cardano Massively Dominating Crypto Assets in One Critical Metric: Santiment

Solana

Cardano was one of Wednesday's big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%.

Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday

Total market capitalization has risen 4.1% in the past 24 hours on expectations of Fed easing, some investors said.

Bitcoin Inches Toward $29K; Cardano Leads Gains Among Crypto Majors

Cardano (ADA) is losing value and continues to consolidate above the $0.37 support.

Cardano Is On The Rise But Struggling Below The $0.40 High

Shiba Inu

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?

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.

News for Cardano Crypto (ADA)