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Cardano (ADA) Plunges Below $1 But Network Growth Indicates Larger Breakout Soon (ITB)

ADA’s price was not sparred during the Monday crash as the asset plummeted below $1 after finally overtaking that level during the weekend. However, an important metric related to the blockchain behind the token suggests that ADA’s rally could be far from being over during this bull cycle. The spectacular run for Cardano’s native token […]

Cardano Foundation Releases 2023 Financial Report, Unveils Expenses Across 3 Major Areas

Cardano Foundation, the non-profit organization behind the Cardano ecosystem, has unveiled its financial report for 2023, detailing its expenses across three major areas. Notably, the Financial Insights Report is the foundation’s first and part of its efforts to uphold the principles of transparency and openness. According to the report, the Cardano Foundation primarily spent most […]

Is Charles Hoskinson’s Latest Big Hint Behind ADA’s 20% Daily Surge?

The cryptocurrency market went through a somewhat painful correction yesterday, but most assets are back in the green today. Cardano’s native token has emerged as one of the top performers, surging by more than 20% and exceeding $0.75 earlier today for the first time since March this year. This places the asset’s weekly gains at […]

Ripple’s XRP Neared $1, Can Cardano’s ADA Do the Same By 2024’s End?

TL:DR; The two best performers from the larger-cap alts over the past few days have been Ripple’s XRP and Cardano’s ADA. Perplexity analyzes each token’s chance to reclaim the coveted $1 price tag by the end of the year. XRP at $1 It seems fueled by the growing speculations that the current SEC chair, Gary […]

Cardano (ADA) Soars 30% Daily as Founder Charles Hoskinson Makes Big Announcement

Charles Hoskinson, the founder of IOG, the entity behind Cardano, has returned from his recent absence on X with a notable announcement regarding his role in the Trump administration. The native token of the Cardano ecosystem skyrocketed immediately, charting gains exceeding 30% daily. ADA currently sits at a multi-month peak of almost $0.6. Cardano just […]

Top 10 Cryptocurrencies by ‘Notable Development Activity’ (Santiment)

TL;DR Internet Computer (ICP) came first for the second time in a row. Cardano (ADA), whose price spiked substantially in the past weeks, is also included in the top 10 list. The Latest Ranking Crypto analytics platform Santiment estimated that Internet Computer (ICP) ranked first in terms of “notable development activity” in the last 30 […]

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