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…
Cardano
ADA vs. CKIT: Will Cosmic Kittens (CKIT) Replace Cardano (ADA) in Top 20 Cryptos
Big names like Cardano (ADA) have found their place, but newcomers like Cosmic Kittens (CKIT) are shaking things up with fresh ideas. So, here's the question: Can a newbie like CKIT, with its play-to-earn concept, beat out the well-known Cardano (ADA) and make it into the top 20 cryptocurrencies? Let's compare what each project brings and see who might come out on top. >>>Click Here To Learn More About Cosmic Kittens (CKIT)<<< Cardano (ADA) Experiences A Weekly Drop, Analysts Anticipate…
12 months ago
XRP Price Exhibiting 2017 Vibes While Cardano Price Looking Ready for a Markup Move: Will They Reach $0.5?
The post XRP Price Exhibiting 2017 Vibes While Cardano Price Looking Ready for a Markup Move: Will They Reach $0.5? appeared first on Coinpedia Fintech News The tokens within the top 10 that have faded over time, Ripple (XRP) and Cardano (ADA), are again strengthening their presence. The prices are slowly inflating during times when the other tokens are consolidating within a narrow range. This suggests the tokens are about to break out of a prolonged accumulation phase, which may…
12 months ago
Solana Leads Over XRP and Cardano in the ETF Race, According to GSR
The post Solana Leads Over XRP and Cardano in the ETF Race, According to GSR appeared first on Coinpedia Fintech News GSR, a leading crypto market maker, suggests that while Cardano and Ripple’s XRP may not see an ETF approval soon, Solana has better chances. GSR’s comprehensive analysis assumes a crypto-friendly regulatory approach in the US, in which ETF approval hinges primarily on two factors – decentralization and market demand. GSR also disclosed that it has a long trade position…
12 months ago
Potential Bridge Between Cardano ($ADA) and Polkadot ($DOT) Sparks Community Interest
The Polkadot community is considering a proposal for a new bridge to enhance interoperability with Cardano, hoping to benefit both ecosystems by addressing current connectivity challenges. New Bridge Under Discussion The Polkadot community is exploring the potential for a bridge between the Polkadot and Cardano networks. Discussions are ongoing regarding the feasibility of this project. According to Felix, an agent within the Unifires ecosystem, a Cardano-Polkadot light client and NFT swap bridge are currently under development, and the proposal has…
12 months ago
Was Cardano Hacked? Brett’s Price Forecast and New Player Is Already up 60%
Cardano has successfully defended itself against a sophisticated attack from numerous smart contracts. Meanwhile, BRETT has surged despite market volatility. A new presale token in the meme coin ecosystem, Raboo, has seen a 60% increase since its Stage 1 and has now raised almost $2 million. Analysts have tipped Raboo as one of the best cryptos to buy in 2024, citing its substantial growth potential in the crypto market. Cardano resilient against sophisticated DDOs attack, ADA holds steady Cardano recently…
12 months ago
Cardano Adopts Inter-Blockchain Communication to Boost Network Interoperability
IBC implementation connects Cardano to over 115 blockchains, enhancing modularity and scalability within the interchain ecosystem. The addition of IBC allows deployment of Ethereum Virtual Machine-compatible decentralized applications on Cardano’s secure sidechains. The Cardano Foundation has incorporated the Inter-Blockchain Communication Protocol (IBC) into its blockchain network. This integration is aimed at facilitating effective data and asset exchanges between different blockchain networks, addressing common challenges such as scalability and data privacy in blockchain technology. IBC is recognized for enabling data and…
12 months ago
Cardano (ADA) Price Analysis: Analyst Predicts $24 Target Amid Resilience and Upgrades
Cardano (ADA) has recently faced significant challenges and developments, including a thwarted DDoS attack that was intended to disrupt its blockchain operations. Market analysts like FieryTrading predicted ADA could reach $24 per coin, reflecting a bullish sentiment based on long-term chart analysis. Cardano (ADA) has been bustling with activity recently. From enduring a DDoS attack to preparing for significant network upgrades, the project is continuously evolving. Amidst these developments, analyst FieryTrading on TradingView has generated buzz with a bullish prediction:…
12 months ago
Cardano and Polkadot to Potentially Link via New Bridge
The Polkadot community is actively considering a bridge to link with Cardano. The initial community reaction to the Cardano-Polkadot bridge proposal has been supportive. Members of the Polkadot community are fervently debating whether a bridge connecting the Polkadot network to Cardano is feasible. This conversation is part of a larger attempt to improve the interoperability of the crypto industry. Significant progress is being made toward creating a Cardano-Polkadot light client and NFT swap bridge, claims Felix, an agent from the…
12 months ago
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CardanoCardano Discloses Its Role In ICC As It Prepares For Chang Hard Fork
The post Cardano Discloses Its Role In ICC As It Prepares For Chang Hard Fork appeared first on Coinpedia Fintech News Cardano Foundation’s official announcement disclosed its role in the Interim Constitutional Committee (ICC) and participation in the ICC election. As Cardano prepares for the Chang hard fork, a governance model is proposed to make key decisions for the ecosystem. The foundation stated that the proposed governance model would ensure inclusivity and diversity while providing checks and balances through delegate…
12 months ago