Cardano: AI-Based Price Prediction Model Expects $ADA to Rise 35% by Year End
An artificial intelligence-based price prediction model is suggesting that the price of Cardano’s native token $ADA is going to surge to trade at $0.42 by the e of this year, representing a 35% increase from the cryptocurrency’s current price.
Cardano Leads Development Activity for November
Cardano had the highest GitHub development activity for any chain in November, as it tops the latest monthly list.
Cardano’s Founder: FTX Collapse Proves ‘Absolute Need’ for Decentralization
Speaking at the <i>Financial Times</i> Crypto and Digital Assets Summit, <a href="https://decrypt.co/resources/cardano" target="_blank">Cardano</a> founder Charles Hoskinson said that the crypto industry “has never been stronger in terms of its offerings to the tradfi [traditional finance] marketplace and to the world as a whole,” but that recent collapses such as FTX have demonstrated the need for decentralization and proof of reserves.
Cosmos Surpasses Cardano in GitHub Daily Development Activity
According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits.
Cardano Shows Red Flags and Only One Bullish Signal
The Cardano (ADA) price shows mixed signs on different time frames. Whether it bounces or breaks down from the $0.30 level could determine the future price trend.
Number of Cardano Smart Contracts Grows Over 300% in 2022
Since the introduction of the smart contracts feature on the Cardano (ADA) network, the metric is recording increased growth helping the network inch closer to battling established platforms such as Ethereum (ETH).
Cardano (ADA) Hits New Milestone as Native Tokens Reach 7 Million
The Cardano blockchain has reached a new milestone as it now has 7 million native tokens. According to pool.pm data, the number of native assets minted on the Cardano blockchain is now 7,055,456 across 65,652 distinct minting policies.
Charles Hoskinson Says Failed Cardano Stablecoin Project a Total Loss on Investment, ‘Utterly Distasteful’
Ethereum (ETH) co-founder Charles Hoskinson is addressing the issue concerning Ardana, a Cardano-based stablecoin project that recently halted operations.
$ADA: There Are Currently 1,146 Projects Building on Cardano
As of Friday (25 November 2022), there are 1,146 projects powered by Cardano, but that’s just the tip of the iceberg as far as good news you will hearing about in this article is concerned.
Cardano Founder Says Ardana and Orbis Collapse Was a Leadership Issue, Not Funding
Hoskinson comments on Ardana and Orbis incident.
Cardano ($ADA) Network Added 100,000 Wallets So Far This Month, Data Shows
According to data from <a href="https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B">Cardano Blockchain Insights</a>, the number of Cardano wallets has recently <a href="https://finbold.com/cardano-adds-over-100000-wallets-in-november-despite-ftx-debacle/">grown</a> by over 100,000, going from around 3.633 million at the beginning of the month, to over 3.73 million at the time of writing.
Cardano Founder Warns Decentralized ID War “Is Going to Be a Big One”
Cardano (<a href="https://finbold.com/guide/how-to-buy-cardano/">ADA</a>) founder Charles Hoskinson has warned of an impending decentralized sector identity war as the <a href="https://finbold.com/cryptocurrencies">crypto sector</a> moves towards mass adoption.
Cardano To Launch Its Very Own U.S Debt Backed Stablecoins “Djed”
Cardano blockchain has made quite a name for itself with all that’s been happening in the crypto industry.
Cardano Founder Hoskinson Says Upcoming Midnight Sidechain Has No “Backdoor”
Shortly after the introduction of the confidentiality platform Midnight at last week’s IO ScotFest event in Edunburgh, Scotland, IOG Co-Founder and CEO Charles Hoskinson explained why <a href="https://midnight.iohk.io/">Midnight</a> handles disclosure at the DApp level, not the protocol level.
Leading Cardano Stablecoin Project Shuts Down After Excruciating Launch Delays
On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly <a href="https://twitter.com/ArdanaProject/status/1595594077260709888" target="_blank">halted</a> development, citing "funding and project timeline uncertainty." The project will remain open-source for builders while treasury balances and remaining funds will be held by Ardana Labs "until another competent dev team in the community comes forward to continue our work."
Cardano Stablecoin Ecosystem Ardana Suddenly Halts Development
Ardana, a decentralized ecosystem on Cardano, has halted its development, much to the dismay of the crypto community. The project tweeted on Nov. 24 that “recent developments with regards to funding and project timeline uncertainty” were the reasons behind the halt. It did note that the code would remain open source and that others could build upon it if they wished.
Cardano Launches Plutus DApp Resource Page for Developers
After Input Output Global (IOG) announced the launch of the world’s first blockchain decentralization index, the builder of the cryptocurrency Cardano (ADA) has informed the public about the new resource section for Plutus DApp developers.
Hoskinson Says VCs Would Rather Invest in FTX and Terra Than Cardano
Hoskinson says VCs prefer to deploy capital into FTX and Terra than Cardano.
Cardano Price Forecast As Cardano Prepares To Launch New Algorithmic Stablecoin in 2023
The cryptocurrency market continues to wade through the murky red waters of a bearish trend – made worse by the collapse of FTX. Despite the negative market mood, ADA has so far held well against the rest of the market, down only 0.6% in the past 24 hours.
