Cardano TVL Climbs By 10% In A Day
Cardano's TVL (Total Value Locked) has been consistently increasing over the last six months, with a seven-day moving average of $154 million, a level not seen since May 2022. The cryptocurrency's TVL has been on a consistent upward trajectory, with recent growth of over 9% in just 24 hours, according to DeFiLlama's. The Plutus team has been developing new built-ins to support BLS12-381 curves, and the upcoming Hydra 0.10.0 mainnet release could have a significant impact on the entire ecosystem, suggesting that Cardano's growth on the development front is likely to continue. Despite recent declines in price and the number of token holders, Cardano's growing network usage and popularity among whales are positive indicators for the cryptocurrency's future.
Cardano’s Midnight Project: Blockchain Expert Anthony Day Ushers in New Era of Data Protection
Blockchain technology firm Input Output Global (IOG), one of the builders behind the Cardano (ADA) blockchain, announced that Anthony Day, former blockchain leader at Deloitte, is set to spearhead the go-to-market strategy for their latest initiative, the Midnight project.
Cardano’s Transaction Volume Sees Huge Upsurge Amid Price Fluctuations: ADA Network In Bullish Outlook
Cardano’s transaction volume surges to new highs not recorded in past months as the wider market also witnesses improved activity. ADA’s price plunged further after losing its stance going below the $0.4 mark in May, trading at $0.38.
Popular Bitcoin Early Investor Ready to Sell Cardano (ADA) for Shiba Inu (SHIB)
As per the short clip <a href="https://twitter.com/BezosCrypto/status/1652687154869567496?s=20" target="_blank">shared</a> on April end, DaVinci Jeremie, the early Bitcoin proponent and investor noted that he is willing to dump the native token of the popular smart contract platform Cardano to accumulate more SHIB and DOGE tokens.
Cardano Price Prediction is Bearish - Prepare for $0.05 ADA as Greener Alternative Ecoterra Pumps
Bears often point to Cardano’s still very low trade value locked (TVL) within its Decentralized Finance (DeFi) ecosystem and refer to its as a “ghost chain” given its low daily transaction count.
Coinbase Describes Cardano (ADA) as Heterogeneous Crypto Network
Coinbase, one of the world’s leading cryptocurrency exchanges, recently mentioned Cardano as a “heterogeneous crypto network” in a job opening that has stirred up speculation among crypto enthusiasts.
Coinbase Includes Cardano in Job Description for Staff Blockchain Engineer
Coinbase has listed Cardano (ADA) as one of the "heterogeneous cryptocurrency networks" in a job opening for a Staff Blockchain Engineer, causing excitement among investors. The job listing says that Coinbase Wallet-as-a-Service (WaaS) will enable developers to interact with networks like Bitcoin, Ethereum, and Cardano in a secure way. Cardano's blockchain is known for its scalability, security, and sustainability, and its unique Proof-of-Stake consensus mechanism has made it popular among investors and developers.
Cardano vs Ethereum: The One Currency To Rule Them All
As the world becomes increasingly digitised, blockchain technology has emerged as a game-changer, enabling decentralised transactions that are fast, secure, and transparent.
Top 5 Cryptocurrency Picks to Invest in for May 2023
If you’re looking to invest in cryptocurrency this May, you may want to consider reading this blog to the end.
Cardano Founder’s Role in Ethereum Discounted by Foundation Member
Fabian Vogelsteller, a core Ethereum Foundation member, has taken to Twitter to discredit the role of Cardano Founder, Charles Hoskinson, in building the Ethereum blockchain. Vogelsteller argued that Hoskinson was never really a founder of Ethereum and had built nothing for Ethereum that he was aware of, contrary to claims made by a Twitter user.
