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Cryptonews
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Aussie Analysts Say October Shaping Up to Be a Big Month, Here’s What You Need to Know
- Aussie analysts predict a potential market turnaround in October due to US Feds cutting interest rates.
- More money for investors could make risk assets like Bitcoin and crypto more appealing.
- October will host major community events for Solana, Cardano, Chainlink, and more.
- The events, coupled with greater market liquidity, could shape the altcoin season.
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TheNewsCrypto
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Cardano’s Large Transaction Volume Drops, Signaling Reduced Whale Activity
- Cardano's large transaction volume has dropped, indicating reduced whale activity.
- The MVRV ratio has declined to -61.25%, suggesting increased unrealized losses for ADA holders.
- Technical analysis signals a potential drop to $0.30, with $0.40 as a bullish target if $0.35 is breached.
- ADA's price has followed the decline in whale interest, currently at $0.33, leading to a bearish outlook.
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TheNewsCrypto
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Under $1 RWA token Becomes a Whale Obsession, Triggers Massive Cardano (ADA) and Toncoin (TON) Dump
- Whale investors are now opting to invest in a rising star in the Real World Assets (RWA) tokenization market, Rexas Finance (RXS).
- Cardano (ADA) and Toncoin (TON) have experienced a decrease in whale activity, leading investors to sell their holdings in favor of Rexas Finance (RXS) tokens.
- Rexas Finance aims to dominate the RWA tokenization industry, focusing on the real estate market, with the potential for high returns as the platform develops.
- Rexas Finance offers unique solutions such as Rexas Token Builder, Rexas Launchpad, and Rexas Estate, enabling fractional ownership and trading of real estate assets.
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TheNewsCrypto
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Cardano Leios Upgrade: Analyzing Market Reaction and Price Dynamics
- Cardano founder Charles Hoskinson claims Leios upgrade will make Cardano faster than Solana.
- ADA price drops 1% despite upgrade news, with declining trading volume.
- Technical analysis suggests potential 12% drop to $0.27 if $0.31 support breaks.
- Cardano's market performance remains subdued despite technological advancements and founder's optimism.
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Crypto-News-Flash
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Short-Term ADA Holders Eye Potential $2 Billion Sell-Off Amid Market Uncertainty
- Cardano's ADA is facing a potential $2 billion sell-off as short-term holders eye profits.
- ADA has been unable to break past the $0.39 resistance level, leading to market uncertainty.
- Short-term ADA holders currently hold around 5.7 billion ADA valued at approximately $1.9 billion.
- Analysts predict a potential 33% price drop for Cardano's ADA.
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Crypto-News-Flash
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Cardano’s Hoskinson Renews Solana Rivalry as Breakpoint Event Approaches
- Cardano's Charles Hoskinson has renewed his rivalry with Solana as the Breakpoint event approaches.
- Hoskinson aims to make Cardano faster and more decentralized than Solana.
- Hoskinson engaged in lighthearted banter with the crypto community, taking a shot at Solana.
- Hoskinson highlighted Cardano's reliability compared to Solana's history of outages.
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Bitcoinist
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Cardano Vs Solana: Hoskinson Sees Speed Supremacy For ADA Following Key Upgrade
- Charles Hoskinson, the founder of Cardano, claims that an upcoming upgrade will enable Cardano to surpass Solana in transaction speed.
- Hoskinson believes that the Leios upgrade will increase Cardano's speed without compromising decentralization.
- Cardano currently processes over 1,000 transactions per second (TPS) and aims to be even faster than Solana.
- Cardano's Leios upgrade introduces new block types to handle a larger volume of transactions while maintaining decentralization.
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Cryptonews
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Charles Hoskinson Talks Cardano Upgrade Which Could Make It Faster Than Solana
- Cardano teases implementation of Ouroboros Leios, a new consensus algorithm.
- The upgrade aims to improve transaction efficiency and make Cardano faster than Solana.
- The upgrade may include features like tiered priority transactions.
- Charles Hoskinson engages with the community to discuss the progress of the development team.
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Bitcoinik
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$ADA Heading Toward $15, Hoskinson Says Cardano Network May Easily Beat Solana with Key Update
- Charles Hoskinson believes that the Cardano network can surpass Solana with a key upgrade.
- The upcoming Leios Upgrade is expected to make Cardano faster than Solana while maintaining decentralization.
- Hoskinson compared the Leios Upgrade with the Rust node, stating that it will significantly increase transaction throughput.
- Some users expressed disappointment about the delayed attention given to the Leios upgrade.
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Zycrypto
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Hoskinson Says Leios Upgrade Will Make Cardano Faster Than Solana As Timeline for $15 ADA Price Is ‘Revealed’
- Cardano founder Charles Hoskinson believes that the Leios upgrade has the potential to make Cardano faster than Solana.
- Hoskinson compared the Cardano Rust node with Leios, stating that Leios would increase transaction throughput and improve user experience.
- The development roadmap for Cardano includes evaluating scalability solutions and implementing the Leios upgrade in Q4 2024.
- Analysts predict a potential ADA price rally to $15 based on recent upgrades and developments on the Cardano blockchain.
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Zycrypto
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Pundit Slams Cardano’s ADA as a ‘Cult Coin’, Claims BNB is The Only ‘True Store Of Value’
- Cardano's ADA has been labeled a 'cult coin' that only enriches its founder, Charles Hoskinson.
- An analyst compared ADA's progress to Binance's BNB and stated that BNB is the only coin considered a true store of value due to its utility.
- BNB is closely linked to Binance, the world's largest crypto exchange, and has a market capitalization of approximately $78.3 billion.
- ADA has seen a 4.3% drop in price on the day and a 2.7% drop since the same time last week, despite the recent launch of the Chang hard fork.
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Crypto-News-Flash
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Cardano Hits 96M Transactions Milestone, IOHK Unveils Key Ecosystem Updates for ADA Growth
- Cardano has reached a major milestone of 96 million transactions in the past week, indicating strong global interest in the project.
- There are now 10 million native tokens and 1,373 projects building on the Cardano network.
- On-chain activity remains high, with new technical upgrades generating excitement within the community.
- IOHK has deployed a new upgrade related to stake credentials and encouraged participation in the governance process.
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TheNewsCrypto
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Wall Street Analyst Forecasts 7,500% Surge for New Altcoin, Set to Outshine Solana (SOL) and Cardano (ADA)
- Wall Street analysts have praised Rexas Finance (RXS), a real-world asset (RWA) tokenization platform, for its potential to grow up to 7500%. The platform's recent presale success and growing enthusiasm amongst investors indicate its disruptive potential and attractiveness to institutional and retail investors.
- Rexas Finance facilitates the purchasing of valuable assets, such as real estate, by ordinary investors, with partial ownership rights equivalent to the amount invested. This enables anyone to possess assets and democratises access to markets that previously required high capital entry costs.
- The platform plans to solve major issues in the real estate industry, including liquidity, accessibility, and high entry costs, which have traditionally made it difficult for ordinary investors to diversify their portfolios.
- With Rexas Finance, users can invest in real estate located anywhere in the world, without leaving their homes. This enhances the transparency and verifiability of transactions, reassuring investors.
- Rexas Finance's fractional ownership approach allows small-scale investors to invest in real estate and diversify their portfolios by investing a mere few hundred dollars. This flexible approach makes Rexas Finance attractive to investors who have grown tired of stocks.
- Rexas Finance provides an easy, clear, and effective way for investors to put funds into physical properties. Its potential for exponential growth within the coming years makes it a desirable investment in an increasingly competitive market.
- Rexas Finance is not the next altcoin in the market. Rather, it provides a useful purpose within the sphere of crypto, with its innovative concept of RWA tokenization and the potential to expand the real estate market.
- To learn more about Rexas Finance (RXS), please visit its website, whitepaper, Twitter, and Telegram links provided below.
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TechBullion
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Investors Ditch Litecoin (LTC) and Cardano (ADA) for Rollblock – Why This New Crypto Is Set To Dominate
- Investors are shifting away from struggling assets like Litecoin (LTC) and Cardano (ADA) and moving towards Rollblock's GameFi project.
- Rollblock aims to revolutionize the global GameFi market and has experienced a 160% surge in its presale to $3.4M.
- Litecoin has seen a significant decline in price, dropping 43% from its yearly high to around $61, with little ecosystem activity.
- Cardano faced challenges after its Chang Upgrade event, leading to a sell-off and concerns of broader market impact.
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NullTX
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CARDANO PRICE ANALYSIS & PREDICTION (September 15) – ADA Sees 12% Recovery In A Week Following A Double-Bottom Formation, Will It Break?
- ADA has seen a 12% recovery in a week following a double-bottom formation.
- A successful weekly close above $0.4 level could signal a breakout for ADA.
- ADA may rally to the yearly top before breaking out to a new milestone if the double-bottom pattern plays out.
- Key resistance levels to watch are $0.45 and $0.49, while key support levels are $0.30 and $0.27.
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