Amidst troubling forecasts of a potential US recession, popular crypto analyst Dan Gambardello recently provided a comprehensive analysis of the future of the Cardano (ADA) price. With a significant following on YouTube, Gambardello highlighted the unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding a potential recession. In this
Cardano
Cardano recently underwent a highly anticipated Chang hardfork, bringing significant changes to the Layer-1 blockchain. Some of the key updates include on-chain voting, Delegate Representatives, enhanced smart contract capabilities, and a new governance structure with cost model improvements. This upgrade allows ADA holders to participate directly in governance decisions or delegate their voting power to
Cardano recently completed its Chang upgrade, transitioning to a decentralized governance system that empowers ADA holders to participate in the network’s decision-making process. The upgrade, named after Chinese mathematician Ch’ang Shou, was finalized at block 10764778 on Sep. 1. This milestone introduces significant modifications to Cardano’s governance structure, including on-chain voting, Delegate Representatives, enhanced smart
Cardano (ADA) has been facing challenges in terms of price growth for quite some time, despite being a popular altcoin in the crypto space. An analyst recently shed light on the reasons behind Cardano’s underperformance, yet offered a positive outlook by predicting a significant rally of 1,000% to new highs within this cycle. Crypto analyst
Cardano and its native token, ADA, faced a significant decline in the second quarter of 2024, mirroring the overall downturn in the cryptocurrency market. The price of ADA dropped by 39.7% to $0.39, leading to a 39.4% decrease in market capitalization to $14 billion. Despite a slight increase in circulating supply, which impacted market cap
Cardano recently announced a delay in the highly anticipated Chang hardfork, pushing the launch date to September 1, 2024. This decision was made to give exchanges and other platforms more time to prepare for the hardfork. Charles Hoskinson, the founder of Cardano, explained that while the Chang upgrade is ready, some key players such as
Cryptocurrency analyst @XForceGlobal recently shared a video chart analysis focusing on Cardano (ADA), a cryptocurrency that is currently being labeled as a “dinosaur coin” by many in the industry. In the analysis, XForceGlobal provided a detailed examination of Cardano’s position within the Elliott Wave cycle, suggesting that ADA is poised to enter a strong upward
The Cardano (ADA) community is buzzing with excitement as the anticipated Chang hard fork approaches its launch date. There has been a surge of over 52% in ADA, the native token of the Cardano ecosystem, leading up to this significant event. Intersect, a member-based organization for the Cardano community, has been actively sharing updates and
Cardano has been a hot topic in the cryptocurrency community recently, especially with the upcoming Chang upgrade. The bullish predictions surrounding the altcoin have been gaining traction, leaving investors hopeful for a significant rally in its price. Analyst Alan Santana has shared his optimistic outlook for Cardano, predicting new all-time high prices that could revolutionize
