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Tag: Cardano News

Cardano (ADA) Nears New Heights: Analyst Predicts $0.78 Following Recent Rally
Cardano

Cardano (ADA) Nears New Heights: Analyst Predicts $0.78 Following Recent Rally

Cardano (ADA) has been on an impressive trajectory in recent weeks, reclaiming a new yearly high and gaining 73% from its November low of $0.3745 to a peak of $0.6776 this month. Despite facing resistance and retracing to around $0.53, ADA has exhibited signs of recovery, sparking optimism among market watchers. Notably, crypto analyst Ali Martinez believes that Cardano is poised for further gains, with a potential move toward the $0.70 range. Read Also: Shiba Inu's Soaring Outlook: Shibarium, Burns, and Whales Propel SHIB to New Heights https://twitter.com/ali_charts/status/1740004785217282178?s=20 Key Developments Recent Performance: ADA has experienced notable upward movement, with a 73% increase from its November low to a yearly high of $0.6776. Although facing resistance a...
Cardano Ecosystem Tokens Skyrocket with Triple-Digit Growth: CardanoGPT (CGI), Snek (SNEK), DexHunter (HUNT), and More Lead the Charge
Cardano

Cardano Ecosystem Tokens Skyrocket with Triple-Digit Growth: CardanoGPT (CGI), Snek (SNEK), DexHunter (HUNT), and More Lead the Charge

The Cardano ecosystem is witnessing a surge in the performance of several crypto tokens, with notable projects experiencing triple-digit growth over the past 30 days. Among the standout performers are CardanoGPT (CGI), the meme coin Snek (SNEK), and DexHunter (HUNT), along with others. These projects have seen impressive gains, highlighting the vibrant and dynamic nature of the Cardano blockchain. Read Also: Terra Classic (LUNC) Faces 20% Price Crash Following Network Upgrade as Founder's Extradition Looms https://twitter.com/Cardanians_io/status/1734555488459587623 CardanoGPT (CGI): 782.7% Gains in 30 Days CardanoGPT (CGI) has emerged as a star performer, boasting a remarkable 782.7% surge in the last month. According to Cexplorer.io, CGI has seen a growth of 126.69% in the past s...
Cardano’s Impressive Performances Spark Enthusiasm for 2024 Amidst Market Predictions
Cardano

Cardano’s Impressive Performances Spark Enthusiasm for 2024 Amidst Market Predictions

Cardano (ADA), the eighth-largest cryptocurrency by market capitalization, has been turning heads with notable performances, fueling anticipation for potential growth in 2024. Recent data from CoinGecko, a prominent cryptocurrency tracker, reveals bullish trends for ADA, showcasing a 30.2% increase in the past month and a substantial 21.9% rise compared to the previous year. With 2023 drawing to a close, many crypto enthusiasts are eyeing 2024 as the year for a potential explosive surge in Cardano's price. Seeking insights into this forecast, we turned to ChatGPT, an artificial intelligence chatbot known for its applications in various fields, including the evolving crypto sphere. Read Also: TerraClassicUSD (USTC) Experiences Meteoric Surge, Market Capitalization Skyrockets to $571 M...
Cardano Demonstrates Strong Development Amid Bearish Crypto Market Outlook
Cardano

Cardano Demonstrates Strong Development Amid Bearish Crypto Market Outlook

Amid a turbulent and bearish outlook in the crypto market, Cardano has emerged as a shining example of resilience and progress. The blockchain development team has displayed unwavering commitment, as evidenced by a series of impactful actions that have propelled the platform forward. Cardano ranks up to the top 10 crypto assets Notably, Cardano has garnered attention by earning a prominent rank on the list of blockchains exhibiting the most substantial surge in development activity over the past month. This information was brought to light by Santiment, a highly regarded crypto analytics platform. Santiment took to social media to share their findings, revealing that Cardano has secured the third spot in this ranking, trailing only Polkadot (DOT) and Kusama Network (KSM). Read Also: B...
Cardano’s DApps Hits A I6 Million Transaction Record, Having Its Unique Account Surges To 255.2K
Cardano

Cardano’s DApps Hits A I6 Million Transaction Record, Having Its Unique Account Surges To 255.2K

There has been a massive increase in the number of the Decentralized application on the Cardano chain (Cardano's DApps) over time spiking to 16 million transactions and also, the number of unique accounts on all DApps has also surged to a whopping 255.2K, according to data from Dapps on Cardano, an analytics platform dedicated to providing insight on projects built on the Cardano chain. The platform highlighted the achievement through its Twitter handle on Tuesday. Read Also: Santiment Declares XRP As The Crypto Pick For January. Here's Why https://twitter.com/dappsoncardano/status/1610219789330567169 Cardano's Dapps Completes Record Of 16M Transaction As stated in the data released, a total of 5.3 trillion ADA volume has been indexed across all the projects, having an avera...
Cardano To Roll Out Midnight, A Data Protection-based Blockchain For Developers And Humanity
Cardano

Cardano To Roll Out Midnight, A Data Protection-based Blockchain For Developers And Humanity

In a recent development shared via the IOG CEO, Charles Hoskinson, unveiled a new Cardano project named Midnight, a data protection-based blockchain created for developers and humanity. Charles Hoskinson revealed the update about the Midnight at the project known as the ongoing Cardano IO ScotFest: The Age of Voltaire. https://twitter.com/IOHK_Charles/status/1593624972001349632 Read Also: Terra Classic Removes Almost 1 Billion LUNC, Making The Total Circulating Falls Below 6 trillion Facts About Midnight It is a data protection-based blockchain that helps protect confidential personal and commercial data. The fundamental freedom of individuals, developers, and firms will be protected by safeguarding sensitive commercial and personal data. The excerpt of the blog post r...
Binance Adds Support For The COTI, The Official Issuer Of Cardano Stablecoin, Djed, To Enable Borderless Crypto Payment
Cardano

Binance Adds Support For The COTI, The Official Issuer Of Cardano Stablecoin, Djed, To Enable Borderless Crypto Payment

In a recent COTI announcement, it was made known that Binance, the world's largest cryptocurrency exchange had added support for the COTI, a DAG-based Layer 1 platform. It is worth noting that support will allow users of Binance Pay can now send, receive, and make payments using the popular cryptocurrency. Binance Partners With COTI The new development was made known also on the COTI official Twitter handle saying; “We are happy to announce that Binance Pay now supports COTI to enable borderless crypto payments! This will allow millions of Binance users to send, receive and make payments in COTI,” Read Also: Following The Arrival Of New Validators, Over 111 Billion LUNC Are Staked In One Day https://twitter.com/COTInetwork/status/1585637254428401665 However, the announ...
Cardano-Based Mobile Partners With Immunify.Life To Bring Healthcare Services To Disconnected African Countries
Cardano

Cardano-Based Mobile Partners With Immunify.Life To Bring Healthcare Services To Disconnected African Countries

While Cardano has become popular with research that to enhance the crypto sphere, the company has not limited its feather to the research alone but also spread its tentacle to the care for humanity just as gotten from the recent post saying Cardano-based mobile Partners With Immunify.Life. Cardano-based mobile internet connectivity initiative recently partnered with Immunify.Life to provides online-based health solutions to many people living in disconnected and underserved African countries. Read Also: Investors Re-shuffle Over 70 Million XRP Between Bitstamp Exchange And Different Unknown Wallets As It Soars Per the press release, Immunity.Life’s suite will extend the hands of healthcare to the African region via the partnership with Cardano-based mobile. The Benefits of the...
217 Addresses Receive Over 16,000 ADA In Cardano Single Transaction Via eUTXO
Cardano

217 Addresses Receive Over 16,000 ADA In Cardano Single Transaction Via eUTXO

Per the recent tweet shared by Cardano founder and CEO of the IOG, Charles Hoskinson, noting the massive transaction that occurred via eUTXO. According to the tweet, over 16,000 ADA is transferred to multiple addresses, about 217 Cardano addresses from the unknown wallet. https://twitter.com/IOHK_Charles/status/1578031473436741633 Over 16,000 Cardano ADA Is Transferred To 217 Cardano Addresses Via eUTXO Hoskinson’s tweet reveals that 16,164 ADA ($6,961) were transferred to 217 Cardano addresses in one transaction. Interestingly, the user paid a paltry amount of 0.78173 ADA worth $0.33 as a fee for the transaction. Read Also: Shiba Inu Users And a Few Other Crypto Users Can Now Pay Crypto Tax (Zengledger) Via BitPay Commenting on the transaction, Hoskinson said; “Tell me ...
COTI Announces A Partnership Between Cardano’s Djed And Empowa
Blockchain, Cardano

COTI Announces A Partnership Between Cardano’s Djed And Empowa

The DAG-based Layer 1 protocol, COTI unveils a new partnership for the official stablecoin of Cardano, Djed, as Empowa, a RealFi Project built on the Cardano blockchain Partners With Djed in order to transfer funds to the African building partners https://twitter.com/COTInetwork/status/1576919715532111873 Djed Versus Empowa Per the post, Empowa, a RealFi blockchain project built on the Cardano network, is the latest firm to indicate interest in the stablecoin. It is worth noting that after Empowa’s partnership with COTI, the company will add Djed as a payment method to facilitate funds transfer to local building partners. Read Also: The Ripple's Usual Monthly Unlock Of 1 Billion XRP Tokens Did Not Happen In October, Could It Be That The Total 55 Billion XRP Locked Has Be...