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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.

About half of Cardano's (ADA) nodes briefly went offline this weekend due to an “anomaly,” but the network quickly recovered, according to Cardano developer Input Output Global (IOG). In a Telegram announcement, IOG says that the issue only briefly impacted block production.

Cardano (ADA) Developer Addresses Incident That Caused Blockchain Malfunction

The Cardano (CRYPTO: ADA) blockchain network experienced an unexpected anomaly over the weekend, causing around half of the network's nodes to briefly go offline. According to a statement by Input Output Global, the engineering and research fintech company behind the Cardano blockchain, the anomaly caused a disconnection and restart of the nodes.

Cardano Blockchain Network Experiences Brief Shutdown As Half Of Nodes Go Offline

A short-lived outrage that affected over 50% of the network was automatically solved within minutes on Sunday.

Cardano Network Quickly Recovers After Brief Node Outage

Solana

Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today's session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since November, with the global cryptocurrency market cap up 6.

Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November

Dogecoin

Shiba Inu

Bitcoin

Ethereum

Chainlink

Polygon

Uniswap

Analytics platform Santiment says that the two largest meme coins by market cap and seven other crypto assets currently pose a relatively lower risk for investors. Santiment says that based on the market-value-to-realized-value (MVRV) Z-score, Dogecoin (DOGE) and Shiba Inu (SHIB) are undervalued and lower risk. Dogecoin is trading at $0.

Dogecoin, Shiba Inu and Seven Additional Crypto Assets Are Massively Undervalued Based on One Metric: Santiment

Charles Hoskinson, the co-founder of Cardano (CRYPTO: ADA), revealed his intention to explore the possibility of acquiring CoinDesk, a crypto news service. What Happened: This comes a day after CoinDesk was reportedly engaging financial advisory firm Lazard to explore options for a partial or full sale, as part of its strategic review.

Cardano's Charles Hoskinson Shows Interest In DCG's CoinDesk: 'I Could Afford It If I Really Wanted To'

Cardano (ADA) price has continued to rise, reaching a high of $0.37.

Cardano Is Stuck At $0.36 And Is In An Overbought Zone

Avalanche

Fantom

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion.

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days

Input Output Global (IOG), the development team behind Ethereum (ETH) rival Cardano (ADA), is announcing the launch of a new toolkit that allows for the building of sidechains for the Cardano network.

Cardano Developers Reveal Critical New Toolkit for Ethereum-Compatible Sidechains

Sidechains will make Cardano more scalable without compromising the stability or security of the main chain, developers said.

Cardano Developer IOG Deploys Sidechain Toolkit to Boost Blockchain

Cardano (CRYPTO: ADA) has flipped Dogecoin (CRYPTO: DOGE) to become the eighth largest cryptocurrency by market capitalization. What Happened: At the time of writing, ADA was trading up 0.55% at $0.32, in the last 24 hours.

Ethereum Rival Overtakes Dogecoin Market Cap Amid Bitcoin, Crypto Rally

Decentralized finance (DeFi) activity is soaring on Cardano (ADA) as the Ethereum (ETH) competitor kicks off a red-hot start to 2023. The DeFi tracker DeFi Llama reports that Cardano has $65.97 million in total value locked (TVL) at time of writing, roughly a 36% increase from January 1st when Cardano's TVL registered at $48.5 million.

Cardano DeFi Activity Soars 36% As ADA Opens 2023 With Big Rallies

Dozens of new Cardano (ADA) whale and “shark” addresses are emerging amid Cardano's price surge in the early days of 2023, according to the crypto analytics firm Santiment. Santiment says 28 new addresses holding at least one million ADA have formed since the beginning of the year.

Dozens of New Cardano Whales Emerge As ADA Bounces Big in Less Than Two Weeks: Analytics Firm

Cardano (ADA) price is rising after breaking through the resistance at $0.28.

Cardano Recovers, But Remains Below The Resistance Of $0.32

Glauber Contessoto, also known as SlumDOGE Millionaire, said that he now owns nearly 100,000 Cardano (CRYPTO: ADA) tokens. What Happened: Contessoto, a Dogecoin (CRYPTO: DOGE) millionaire, recently tweeted to his followers that he is definitely buying more ADA when the price drops back down to 24 or even 20 cents.

Millionaire Dogecoin Investor Dares To Go Big On Cardano If Price Drops To This Level

A leading analytics firm says that crypto trader sentiment surrounding Cardano (ADA) and Binance Coin (BNB) suggests that both assets could be poised for rallies. Santiment notes that the crypto community has a bearish sentiment regarding both Ethereum (ETH) competitors, compared to a bullish crowd outlook on ETH and payments network XRP.

Bullish Signal Flashing for Two of Ethereum's Biggest Rivals, Says Crypto Insights Firm

Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-December 2022. The top smart contract platform coins by market capitalization increased 7.

Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion

Solana surged by as much as 22% on Monday, as bullish sentiment returned to cryptocurrency markets. The move saw the token climb to its highest point since November, when it was embroiled in the FTX collapse. Cardano also moved higher to start the week, climbing by nearly 13%.

Biggest Movers: SOL up 22% as ADA Hits Highest Point Since November

The value of Cardano (CRYPTO: ADA) spiked more than 21% late Sunday, reaching levels not seen since November 2022, outpacing gains recorded by apex cryptocurrency Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).  What Happened: At the time of writing, ADA, the eighth-largest cryptocurrency by market capitalization, was trading at $0.33.

Ethereum Rival Cardano's 20% Surge Amazes Analyst: 'Did They Figure Out A Cure For Cancer?'

Solana got a boost from BONK, jumping over 60% for the week.

Solana, Cardano Both Up 21% Late Sunday, Setting Monthly Highs

Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high.

Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains

A widely followed crypto analyst is breaking down his predictions for Ethereum (ETH) and a handful of popular altcoins.

Top Trader Reveals Forecasts for Cardano, XRP, Dogecoin and Three Additional Altcoins As 2023 Begins

Cardano (ADA) price has regained upward momentum after rising above $0.24 support.

Cardano Continues Its Uptrend And Challenges Resistance At $0.27

Crypto analytics platform Santiment is revealing that Cardano (ADA) led all other blockchain protocols on one critical metric this year. Santiment says that Cardano had the highest level of development activity in 2022 in the crypto ecosystem ahead of Ethereum (ETH) and other blockchain protocols.

Cardano Massively Dominated Ethereum, Polygon and Seven Altcoins in 2022 on One Metric: Santiment

Polkadot

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,' would flip the second-largest crypto asset in terms of market capitalization in 2022.

News for Cardano Crypto (ADA)