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Cardano is now positioning itself among the rapidly growing blockchain networks by 24-hour transaction volume, surpassing Ethereum and threatening to surpass Bitcoin. Along with this demand, however, is its soaring price. The total number of transactions on Cardano has increased at around 500%, skyrocketing from 5.5 million in March last year
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The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari.Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85
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Cardano (ADA) is now trading at $0.992, a 2.73% drop from Friday’s value of $1.021. The cryptocurrency’s price has been on a declining trend since the start of February. Within the next 24 hours of trading, ADA is expected to trade at a low of $0.989 and a high of $1.04. It
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The case of Cardano and its price potential has been examined by Finder in its latest panel poll. According to the opinion of the analysts consulted, cardano’s price will reach $58 by 2030. The panel also predicted that the smart contracts-enabled, peer-reviewed currency will finish this year with a price
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The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which runs until March 25, 2022, is part of an ongoing attempt to keep “its businesses and customers safe.” Strengthening
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Cardano (ADA) is presently trading at USD1.077, according to market indicators Thursday, which shows the crypto may be nearing the conclusion of its slump. The seventh-largest cryptocurrency by market cap is experiencing a bearish algorithm throughout February, leading up to its current market price. As of Thursday’s trading, the psychological level of
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After years of fine-tuning its technology, Cardano has finally launched its first DEX on Jan. 20, called SundaeSwap. On the day of its launch, its TVL reached $4.3 million. Cardano’s token, ADA, rose 10% the previous week in anticipation.Has Cardano’s time finally arrived?What is CardanoFounded in 2015, Cardano calls itself
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Cardano has been struggling on the charts since its decline that began last year. It has since taken the digital asset below $1, although a recent recovery trend has rectified that. Nevertheless, Cardano is yet to regain at least 50% of its all-time value. With low momentum rocking the cryptocurrency,
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Cardano (ADA) appears to be bullish. However, the uptrend seems to experience a limitation as there are possibilities of several obstructions in its way. Thus, traders need to be cautious around the ADA coin and its forthcoming rally. What is Cardano? Cardano is a PoS (Proof of Stake) blockchain that is open-source
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Africa-focused blockchain internet company 3air has officially abandoned the Cardano blockchain in favor of SKALE, a network powered by Ethereum, after reporting a “massive talent shortage” for Haskell developers. The skillset for Haskell, which is Cardano’s primary programming language, appears to be in short supply, according to 3air CEO Sandi Bitenc.
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