A naukri.com initiative
Cardano News
Bitcoinist
1M
412
Image Credit: Bitcoinist
Cardano Turns 7: A Look Back At Key Milestones And The Road Ahead
- Cardano celebrated its seventh anniversary, highlighting key milestones and achievements.
- Cardano has facilitated over 95 million transactions and executed over 74,000 Plutus scripts.
- The Catalyst funding program has supported over 1,800 funded ideas for upgrades and developments.
- Cardano's roadmap includes the transition to decentralized governance in the Voltaire era.
Read Full Article
24 Likes
TheNewsCrypto
1M
267
Image Credit: TheNewsCrypto
Ripple (XRP) and Cardano (ADA) Turn Green but Still Fall Behind Fierce Competitor Priced Below $0.10
- Ripple’s XRP still has disruptive capabilities, particularly in the area of cross-border payments. It has formed partnerships with the banks to enhance its image as a bridge currency for international payments through use of XRP Ledger. Cardano (ADA) relies on proof-of-stake PoS upon the Ouroboros scheme rather than the energy-demanding proof-of-work cryptocurrencies, which improves scalability. Rexas Finance (RXS) looks to the real estate market by allowing investors to manage physical assets through tokenization like real estate, art, and bonds fractionalized shares. Rexas Finance seeks to make it easier to tokenize the real-time asset to an application that is secure and transparent.
- Both XRP and ADA face competition from Rexas Finance that is pricing under $0.10. In particular, Rexas Finance presents itself as a highly lucrative investment option, especially considering its current market price in the crypto space. Its disruptive strategy and low cost of entry may provide the advantage necessary to move ahead of XRP and ADA in the future.
- XRP and ADA have every right to be the most popular terms on the cryptocurrency market. The primary target for XRP is cross-border money transfers, while Cardano is cherished by technology lovers alike because it incorporates environmental factors. Currently, both XRP and ADA have encountered common challenges in growth due to entry of new competitors.
- Ripple expects growth in the future however, faces the challenge of getting monopolized by new operational projects. Cardano extension to support native tokens in the year 2021 has increased its use cases, attracting more developers to create decentralized applications and smart contracts.
- Rexas Finance has shown to be a fierce competitor in the market through its ease in tokenization of real-world assets. The platform is unique as it bridges the gap between blockchain technology and the actual financial market. Analysts project that investors may gain 10x returns due to early-stage presale prices.
- Rexas Finance’s disruptive strategy and low cost of entry, particularly at rates lower than $0.10, may provide it with the necessary advantage to move ahead of XRP and ADA in the future market.
- XRP and ADA have faced significant challenges to growth due to competition from new projects. The rising focus on the green technology and smart contract features has not been enough to boost their increase in prices to the levels observed in past years.
- Both tokens are considered a leading representation in the cryptocurrency market and have every right to be the most popular terms. Cardano’s energy-efficient blockchain achieves scalability while XRP has disruptive capabilities, particularly in cross-border payments.
- Although XRP and ADA might indicate a market reversal in 2024 when both tokens appear in price, Rexas Finance's disruptive strategy and low cost of entry may provide it with the necessary advantage to move ahead of XRP and ADA in the future market.
- TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends readers to make decisions based on their research.
Read Full Article
16 Likes
TheNewsCrypto
1M
240
Image Credit: TheNewsCrypto
Cardano (ADA) Price Surges to $0.40, Reaching Two-Month High
- ADA price surges 15% to $0.40, reaching two-month high.
- MVRV ratio in danger zone at 13%, signaling potential profit-taking.
- RSI approaching overbought territory, suggesting possible correction.
- Cardano's recent price action shows potential for further gains, with resistance at $0.42.
Read Full Article
14 Likes
Bitcoinik
1M
444
Image Credit: Bitcoinik
Cardano ($ADA) Marks 7th Anniversary of Mainnet Launch: Is a Major Price Surge on the Horizon?
- Cardano, the blockchain founded by Charles Hoskinson, is celebrating its 7th anniversary of the mainnet launch.
- The current trade price of Cardano's native token, $ADA, has increased by 14% over the last 7 days.
- The celebration of the mainnet launch and ongoing development within the Cardano ecosystem could potentially lead to a price surge.
- Hoskinson recently claimed that Ethereum's development decisions are centered around Vitalik Buterin, calling him a dictator.
Read Full Article
26 Likes
Newsbtc
1M
254
Image Credit: Newsbtc
Analyst Warns Of A ‘Super Signal’ For Cardano (ADA): Could It Outperform Bitcoin?
- Cardano (ADA) has recorded gains of nearly 13% over the past week, outperforming Bitcoin.
- An analyst highlights a 'super signal' on the ADA/BTC trading chart, indicating potential price increases for ADA.
- ADA is currently testing key levels and a close above the 21-day EMA could signal an upward trend.
- Market analysts believe the crypto market has entered an 'up only' phase, with ADA expected to experience upward momentum and possibly approach the $1 mark.
Read Full Article
15 Likes
TheNewsCrypto
1M
213
Image Credit: TheNewsCrypto
Cardano (ADA) Price Up in Past Week Despite YTD Drop
- Cardano (ADA) price has increased by 13.40% in the past week despite a 37% year-to-date drop.
- Technical analysis suggests a potential 500% gain with a target price of $2.40 in six months.
- EMA crossover and MVRV ratio indicate the potential for a significant rally.
- ADA's current market position mirrors its setup prior to the massive rally in December 2020 to May 2021.
Read Full Article
12 Likes
Cryptonews
1M
127
Image Credit: Cryptonews
Cardano Founder Charles Hoskinson Calls Ethereum Leadership a Dictatorship
- Cardano's co-founder Charles Hoskinson plans to upgrade the blockchain's governance system.
- Hoskinson criticizes Ethereum's governance as a 'dictatorship', with Vitalik Buterin as the sole leader.
- Cardano's Voltaire era will introduce decentralised but efficient voting to ensure innovation continues beyond any one developer.
- Hoskinson aims to avoid the anarchy of Bitcoin and the dictatorship of Ethereum with Cardano's new governance model.
Read Full Article
7 Likes
TheNewsCrypto
1M
77
Image Credit: TheNewsCrypto
Time to Ditch Solana and Cardano? SOL and ADA’s Bleak Future and the Best High-Return Token for the 2025 Bull Run
- Solana (SOL) and Cardano (ADA) face serious issues that can hinder long-term growth.
- Solana has concerns with network outages and scalability, despite being termed the 'Ethereum Killer.'
- Cardano's academic focus has led to slower adoption and innovation compared to competitors.
- Rexas Finance (RXS) offers high-return potential with its focus on tokenizing real-world assets.
Read Full Article
4 Likes
Bitcoinist
1M
345
Image Credit: Bitcoinist
Charles Hoskinson Drops Bombshell On Why Cardano Is Better Than Bitcoin And Ethereum
- Charles Hoskinson claims Cardano has superiority over Bitcoin and Ethereum.
- The new governance model of Cardano shifts power balance from few to many.
- Hoskinson criticizes Ethereum for relying too much on its founder, Vitalik Buterin.
- Cardano's Chang hard fork helps solve efficiency and integrity issues.
Read Full Article
20 Likes
Zycrypto
1M
59
Image Credit: Zycrypto
Though A Long Shot, Cardano Could Hit $500 Billion Market Cap, Analyst Reveals Why
- Cardano (ADA) has seen a solid rebound since the Chang hard fork went live on the blockchain earlier this month. ADA traded at $0.383 at press time, with its 7-day gains at 15%.
- According to analyst Dan Gambardello, Cardano’s market capitalization could 'realistically' rise to between $250 billion and $500 billion.
- For Cardano to make such a rally, it would need to grow its market share significantly and outperform other competitive blockchains.
- Cardano has seen a notable rise in buying momentum and its bullish sentiment remains strong, with the potential to reach new record highs.
Read Full Article
3 Likes
Crypto-News-Flash
1M
354
Image Credit: Crypto-News-Flash
Charles Hoskinson Labels Ethereum a ‘Dictatorship,’ Criticizes Vitalik Buterin’s Influence
- Cardano co-founder Charles Hoskinson criticizes Ethereum's governance model and Vitalik Buterin's influence.
- Hoskinson labels Ethereum as a 'dictatorship' due to Buterin's central role in determining the project's roadmap and direction.
- Hoskinson highlights Cardano's new governance model as a solution to the 'governance trilemma', promoting efficiency, effectiveness, and integrity.
- Hoskinson previously co-founded Ethereum but was dismissed due to a clash of vision with Buterin; he now aims to build an active ecosystem with daily innovations for Cardano.
Read Full Article
21 Likes
Altcoinbuzz
1M
395
Cardano’s CEO: Ethereum’s Governance is a ‘Dictatorship’
- Charles Hoskinson, CEO of Cardano, claims that Ethereum's governance is a 'dictatorship' due to Vitalik Buterin's excessive influence.
- Hoskinson believes that a decentralized system should not be controlled by one individual, suggesting a group decision-making approach instead.
- Cardano uses a different governance model that aims to balance efficiency, effectiveness, and integrity, with delegated representatives and a member-based organization called Intersect.
- Hoskinson's comments highlight the ongoing debate about leadership and community input in decentralized networks.
Read Full Article
23 Likes
Bitcoinik
1M
0
Image Credit: Bitcoinik
Cardano Gaining Intense Bull Sentiments, $ADA Heading Toward $5
- Cardano's native token $ADA has been experiencing intense bullish sentiments.
- The trade price of $ADA has increased by 6.5% in the last 24 hours and 16% in the last 7 days.
- Analysts have observed a bullish signal on Cardano's weekly timeframe, with a target price of $5.
- The cryptocurrency's price breakout from a descending channel indicates potential upward momentum towards $1.
Read Full Article
Like
Bitcoinist
1M
227
Image Credit: Bitcoinist
XRP Surpasses Cardano, But Solana Remains Institutional Investors Favorite, Here’s Why
- XRP, Solana, and Cardano have been the focus of institutional investors in the altcoin market.
- Bitcoin saw a significant inflow of $284 million, while Ethereum experienced outflows for the fifth consecutive week.
- XRP attracted $0.1 million worth of inflows, driven by the launch of Grayscale's XRP trust.
- Institutional investors are expected to fuel a bullish phase in the crypto industry, with potential inflows into altcoins in the coming weeks.
Read Full Article
13 Likes
TheNewsCrypto
1M
182
Image Credit: TheNewsCrypto
Cardano (ADA) Price Up 10% in Past Week: Eyes Another 10% Surge
- Cardano (ADA) has seen a 10% price surge over the past week, eyeing another 10% gain.
- ADA has been trading within a horizontal channel between $0.31 and $0.40 since August 1.
- Technical indicators suggest bullish momentum, with the RSI above 50 and the funding rate positive.
- ADA's potential breakout above $0.40 could lead to a rally towards $0.47.
Read Full Article
10 Likes
For uninterrupted reading, download the app