Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ADA
Cardano (ADA) Prepares for Major Development Upgrade: Could Propel 10x Developer Experience
Cardano is introducing an upgrade that could boost developer’s interest across the board. This upgrade which features message signing is the latest play in Cardano’s evolutionary journey. Cardano (ADA), a popular blockchain platform is preparing for a key development upgrade that could propel its developer experience by ten times. This upgrade, which focuses on scripts to sign on-chain Messages, has the potential to increase the network’s efficiency and usefulness in comparison to its main competitor, Ethereum (ETH). Contrary to Ethereum,…
1 year ago
Which Crypto to Buy Now? Analyst Advises on ADA, XRP, or NFTFN
March saw crypto prices spike massively. One does not have to look beyond BTC to understand the significance of this month to the industry. Not only did BTC cross its previous all-time high (ATH) of around $69,000, but surpassed the $70,000 threshold multiple times and fluctuates around that price at the moment. When BTC rallies, so do other tokens, and they rallied greatly in March. For instance, ETH crossed $4,000 briefly, SOL, too, made it past $200 briefly, and BNB…
1 year ago
Cardano’s Sustainability Strategy: Founder Charles Hoskinson Outlines Three Key Catalysts for ADA
With the Cardano network having a fixed supply of ADA coins, Hoskinson believes it is axiomatic to scale underlying transactions for stakers to remain profitable. The Cardano network developers are currently working on layer-two scaling solutions to improve its web3 ecosystem. Cardano (ADA), a top-tier layer-one (L1) blockchain with more than $400 million in Total Value Locked (TVL), has remained focused on dethroning Ethereum (ETH) as the web3 hub. Despite the Cardano network trailing in the meme coin industry, the…
1 year ago
Cardano Sees Developer Boom: How Will ADA Price Be Impacted?
The post Cardano Sees Developer Boom: How Will ADA Price Be Impacted? appeared first on Coinpedia Fintech News Cardano’s ADA has showcased a commendable performance in the first quarter of 2024! The upward trajectory has recorded a striking surge to $0.80 in March from $0.59 in the year beginning. This kind of positive price mark was last seen in May 2022. Standing tall among its crypto peers, Cardano has not only maintained its momentum but has also emerged as a…
1 year ago
Why Is Kelexo (KLXO) Sets the Stage for a Crypto Lending Milestone Drawing Interest from Cardano (ADA) & Litecoin (LTC) Investors Join Early
Kelexo (KLXO) has entered the cryptocurrency investing industry with the goal of reinventing traditional crypto lending. There has been exponential growth in decentralized finance (DeFi), which has driven a desire among scores of investors to examine Kelexo (KLXO) crypto lending platform, believing it has the potential to establish a trend in the next big thing when it comes to the redefinition of borrowing and lending procedures. Hence, here we will get into the dynamics of the Kelexo (KLXO) platform while…
1 year ago
Cardano (ADA) & USD Coin (USDC) Bulls Diversify Embracing Pushd (PUSHD) E-Commerce Presale: 100X Gains Predicted
Decentralized e-commerce marketplace Pushd (PUSHD) has been gaining traction as it enters stage 6 of its presale launch, where tens of thousands of participants are taking out early positions in the provider with tokens available at a discounted price of just $0.125 each. Market analysts forecast that Pushd (PUSHD) could potentially bring in a 100x return on investment, drawing Cardano (ADA) and USD Coin (USDC) holders to its highly awaited presale launch. Cardano (ADA) In the Accumulation Phase? Cardano (ADA)…
1 year ago
Top 4 Cryptos for April: Bitcoin (BTC), Shiba Inu (SHIB) and Cardano (ADA)
March was a historic month for many cryptocurrencies but April promises to be more bullish. Bitcoin is tipped to lead broader market trend for the coming month. As March draws its curtains to a close, Bitcoin (BTC), Shiba Inu (SHIB), Cardano (ADA), Ripple’s XRP, and WEN have been highlighted as the top four cryptocurrencies that are set for bullish transformation in April. These digital assets have been chosen to stand out in the coming months following signs of an upward…
1 year ago
Cardano Latest Technological Updates Unveiled, Analyst Maintains Bullish Outlook on ADA
Cardano (ADA), the proof-of-stake blockchain platform, has made notable progress in technological advancements, according to Input Output Hong Kong (IOHK), the engineering firm behind the Cardano blockchain. IOHK’s recent announcement highlights crucial improvements across various aspects of the platform, signaling further growth and development for Cardano. Cardano Smart Contract Optimization One significant area of improvement lies within the ledger team, which has reportedly enhanced test frameworks and data quality in the Newconstraints phase3. They achieved this by introducing constraints and…
1 year ago
Crypto Price Analysis Mar-29: ETH, XRP, ADA, SHIB, and DOGE
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Dogecoin. Ethereum (ETH) Ethereum’s correction appears to have ended, but the price was unable to move much above the key support at $3,300. Nevertheless, ETH closed the week with a 4% price increase. The overall momentum remains bullish on higher timeframes, but ETH has been lagging lately, including against Bitcoin, which has overperformed. Looking ahead, this cryptocurrency needs to break above the $4,000 resistance to become…
1 year ago