CardanoSurprise
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Can DEX Boom Save Cardano? ADA Seek Recovery As Trading Rises
Cardano (ADA), a smart contract platform, is struggling. DEX volumes have increased in the DeFi sector, while Cardano's Total Value Locked (TVL) has dropped, raising worries about its ecosystem.
DeFi And NFT Market Drop
Artemis, a renowned blockchain analytics source, reports that Cardano's TVL has dropped from $430 million to $230 million despite the crypto industry's DEX volume spike. This shows little interest in Cardano-based dApps, which might hurt its long-term growth.
The Cardano NFT space has also suffered. Over the last month, floor price and trade volume for popular NFT collections have plummeted. This declining interest in Cardano NFTs might hurt market confidence and ADA prices.
The technical prognosis for ADA is negative. Price has been falling for weeks, making lower lows and lower highs. Additionally, technical indicators like the RSI and CMF are showing falling positive momentum and money flow into ADA.
Cardano's future is threatened by forces beyond pricing and DeFi issues. ADA velocity, which indicates token exchange frequency, has dropped, indicating decreasing trading activity. The MVRV ratio, which measures token holders' profitability, has also decreased, indicating that most ADA addresses are underwater.
The Cardano Price Forecast
Cardano is a major blockchain participant, but recent events show its problems. The combination of falling price, diminishing DeFi and NFT activity, and bad on-chain indicators predicts additional decline.
The ADA market valuation is $16 billion. TradingView.com chart
By June 30, 2024, Cardano is likely to grow roughly 5% to $0.47. To predict asset movement, technical indications and market sentiment must be considered.
Crypto bearishness may be impacted by market movements, news, or technical analysis. The Fear & Greed Index is 73, suggesting market Greed. This means investors may be more risk-taking or speculative, which might affect Cardano's price.
#ETHETFsApproved #BinanceEarnProgram #CardanoSurprise #ada $ADA
Cardano (ADA), a smart contract platform, is struggling. DEX volumes have increased in the DeFi sector, while Cardano's Total Value Locked (TVL) has dropped, raising worries about its ecosystem.
DeFi And NFT Market Drop
Artemis, a renowned blockchain analytics source, reports that Cardano's TVL has dropped from $430 million to $230 million despite the crypto industry's DEX volume spike. This shows little interest in Cardano-based dApps, which might hurt its long-term growth.
The Cardano NFT space has also suffered. Over the last month, floor price and trade volume for popular NFT collections have plummeted. This declining interest in Cardano NFTs might hurt market confidence and ADA prices.
The technical prognosis for ADA is negative. Price has been falling for weeks, making lower lows and lower highs. Additionally, technical indicators like the RSI and CMF are showing falling positive momentum and money flow into ADA.
Cardano's future is threatened by forces beyond pricing and DeFi issues. ADA velocity, which indicates token exchange frequency, has dropped, indicating decreasing trading activity. The MVRV ratio, which measures token holders' profitability, has also decreased, indicating that most ADA addresses are underwater.
The Cardano Price Forecast
Cardano is a major blockchain participant, but recent events show its problems. The combination of falling price, diminishing DeFi and NFT activity, and bad on-chain indicators predicts additional decline.
The ADA market valuation is $16 billion. TradingView.com chart
By June 30, 2024, Cardano is likely to grow roughly 5% to $0.47. To predict asset movement, technical indications and market sentiment must be considered.
Crypto bearishness may be impacted by market movements, news, or technical analysis. The Fear & Greed Index is 73, suggesting market Greed. This means investors may be more risk-taking or speculative, which might affect Cardano's price.
#ETHETFsApproved #BinanceEarnProgram #CardanoSurprise #ada $ADA
Good news guys very good news. One of the best traders in the world announce a big news. It’s time guys wake up is the best time to buy wake up WAKE UP
$WIF $ADA $DOT
#CryptoNewsCommunity #bullrun2024📈📈 #WIF_Usdt #CardanoSurprise #Buynoworregretlater
$WIF $ADA $DOT
#CryptoNewsCommunity #bullrun2024📈📈 #WIF_Usdt #CardanoSurprise #Buynoworregretlater
$ADA
#CardanoSurprise #ADABullish @Binance Square Official
#CardanoMagic
Cardano (ADA) – The Proof-of-Stake Innovator
Introduction:
Cardano aims to offer a more sustainable and scalable blockchain through PoS.
Futuristic Analysis:
- Current Stats: Market cap of ~$20 billion, with a circulating supply of ~35 billion ADA.
- Historical Performance: ADA has seen a growth of approximately 1200% since 2018.
- Future Projections: With its focus on academic research and development, ADA could hit $5 by 2026.
- Key Factors: Successful implementation of smart contracts, adoption in emerging markets, and continued development
#CardanoSurprise #ADABullish @Binance Square Official
#CardanoMagic
Cardano (ADA) – The Proof-of-Stake Innovator
Introduction:
Cardano aims to offer a more sustainable and scalable blockchain through PoS.
Futuristic Analysis:
- Current Stats: Market cap of ~$20 billion, with a circulating supply of ~35 billion ADA.
- Historical Performance: ADA has seen a growth of approximately 1200% since 2018.
- Future Projections: With its focus on academic research and development, ADA could hit $5 by 2026.
- Key Factors: Successful implementation of smart contracts, adoption in emerging markets, and continued development
Toncoin price analysis #TON
The long wick on Toncoin’s
TON #tonfuture
$5.29
Aug. 28 candlestick shows that the bears are aggressively defending the 20-day EMA ($6.01).
Sellers will try to pull the price to the critical support at $4.72. This is an essential level for the bulls to defend because a break and close below it will complete the bearish head-and-shoulders pattern.
If the price turns up sharply from $4.72 and rises above the moving averages, it will suggest that the TON/USDT pair may continue to trade inside the large range for some more time. A break above $7 will favor the bulls in the near term.
Cardano price analysis #CardanoSurCardanoSurge
The bulls are trying to arrest Cardano’s (ADA) decline at the uptrend line but are struggling to push the price above the moving averages. This suggests a lack of demand at higher levels.
The 20-day EMA ($0.36) has started to turn down, and the RSI is just below the midpoint, signaling that the bears have the upper hand. If the price breaks below the uptrend line, the bears will try to pull the ADA/USDT pair to $0.31 and subsequently to $0.28.
If bulls want to prevent the downside, they will have to shove the price above the 50-day SMA ($0.38). If they do that, the pair may climb to the downtrend line. Buyers will have to overcome this barrier to suggest that the downtrend may be over.
#TonSociety #CardanoSurprise
The long wick on Toncoin’s
TON #tonfuture
$5.29
Aug. 28 candlestick shows that the bears are aggressively defending the 20-day EMA ($6.01).
Sellers will try to pull the price to the critical support at $4.72. This is an essential level for the bulls to defend because a break and close below it will complete the bearish head-and-shoulders pattern.
If the price turns up sharply from $4.72 and rises above the moving averages, it will suggest that the TON/USDT pair may continue to trade inside the large range for some more time. A break above $7 will favor the bulls in the near term.
Cardano price analysis #CardanoSurCardanoSurge
The bulls are trying to arrest Cardano’s (ADA) decline at the uptrend line but are struggling to push the price above the moving averages. This suggests a lack of demand at higher levels.
The 20-day EMA ($0.36) has started to turn down, and the RSI is just below the midpoint, signaling that the bears have the upper hand. If the price breaks below the uptrend line, the bears will try to pull the ADA/USDT pair to $0.31 and subsequently to $0.28.
If bulls want to prevent the downside, they will have to shove the price above the 50-day SMA ($0.38). If they do that, the pair may climb to the downtrend line. Buyers will have to overcome this barrier to suggest that the downtrend may be over.
#TonSociety #CardanoSurprise
Top 3 Cryptocurrencies to Watch for Growth Next Month
**1. Ethereum (ETH)**Ethereum remains a cornerstone of the cryptocurrency ecosystem, known not only for its pioneering role in smart contracts but also for its ongoing upgrades. The upcoming transition to Ethereum 2.0, which promises scalability improvements and reduced energy consumption through Proof of Stake (PoS), has sparked renewed interest in the platform. Additionally, the growing popularity of decentralized finance (DeFi) applications built on Ethereum continues to drive demand for $ETH
. As the network undergoes these transformative changes, Ethereum stands out as a promising investment for the month ahead.**
2. Cardano (ADA)**Cardano has garnered attention for its unique approach to blockchain technology, focusing on academic research and peer-reviewed development. The recent launch of the Alonzo upgrade, which introduces smart contract functionality to the Cardano blockchain, marks a significant milestone in its development roadmap. This upgrade opens the door to a wide range of decentralized applications (dApps) and projects that can leverage Cardano robust and scalable infrastructure. With growing anticipation surrounding its ecosystem expansion and developer activity, ADA presents itself as a cryptocurrency to watch closely in the coming month.**
3. Solana (SOL)**Solana has emerged as a formidable competitor in the blockchain space, known for its high throughput and low transaction costs. Its ability to support a wide array of decentralized applications, including DeFi platforms and non-fungible token (NFT) marketplaces, has contributed to its rapid adoption among developers and users alike. Recent partnerships and integrations further bolster the $SOL ecosystem, enhancing its utility and appeal. As blockchain scalability remains a pressing issue, $SOL
efficient consensus mechanism positions it favorably for potential growth in the near term.
#ETH_ETF_Approval_23July
#CardanoSurprise
#CardanoEvolution
#Solana_Blockchain
**1. Ethereum (ETH)**Ethereum remains a cornerstone of the cryptocurrency ecosystem, known not only for its pioneering role in smart contracts but also for its ongoing upgrades. The upcoming transition to Ethereum 2.0, which promises scalability improvements and reduced energy consumption through Proof of Stake (PoS), has sparked renewed interest in the platform. Additionally, the growing popularity of decentralized finance (DeFi) applications built on Ethereum continues to drive demand for $ETH
. As the network undergoes these transformative changes, Ethereum stands out as a promising investment for the month ahead.**
2. Cardano (ADA)**Cardano has garnered attention for its unique approach to blockchain technology, focusing on academic research and peer-reviewed development. The recent launch of the Alonzo upgrade, which introduces smart contract functionality to the Cardano blockchain, marks a significant milestone in its development roadmap. This upgrade opens the door to a wide range of decentralized applications (dApps) and projects that can leverage Cardano robust and scalable infrastructure. With growing anticipation surrounding its ecosystem expansion and developer activity, ADA presents itself as a cryptocurrency to watch closely in the coming month.**
3. Solana (SOL)**Solana has emerged as a formidable competitor in the blockchain space, known for its high throughput and low transaction costs. Its ability to support a wide array of decentralized applications, including DeFi platforms and non-fungible token (NFT) marketplaces, has contributed to its rapid adoption among developers and users alike. Recent partnerships and integrations further bolster the $SOL ecosystem, enhancing its utility and appeal. As blockchain scalability remains a pressing issue, $SOL
efficient consensus mechanism positions it favorably for potential growth in the near term.
#ETH_ETF_Approval_23July
#CardanoSurprise
#CardanoEvolution
#Solana_Blockchain
BUY ETH
25%
BUY SOLANA
44%
DUMP BOTH
31%
59 votos • Votação encerrada
Cardano Founder Charles Hoskinson to Meet with Argentina President for Crypto Economy Talks #ecosystemgrowth
The upcoming meeting builds on Cardano’s already strong ties with Argentina.
#CardanoSurprise
Cardano founder Charles Hoskinson is set to meet with Argentina’s President Javier Milei in October to discuss the role of cryptocurrency in shaping the country’s economy.
The meeting, scheduled for October 19, will take place during the Tech Forum Argentina, where Hoskinson will engage in discussions about the potential of blockchain technology in transforming economic and social systems.
The talks will cover a range of topics, including Argentina’s approach to technology and its potential adoption of a central bank digital currency (CBDC).
Cardano Increases Ties With Argentina
The upcoming meeting builds on Cardano’s already strong ties with Argentina.
The Cardano Foundation has been active in the country, establishing multiple partnerships to promote local blockchain adoption.
In June 2024, the foundation signed another agreement to further integrate blockchain technology in Argentina.
Notably, Bitcoin has had a long-standing presence in Argentina, with one of the first major crypto companies, BitPay, developing its wallet Copay there in 2012.
President Milei, known for his pro-cryptocurrency stance, has publicly endorsed Cardano on social media.
$BNB
In May 2024, he reposted a Cardano-themed message from Dario Epstein and has since shared several posts from Hoskinson himself.
Milei confirmed his participation in the Tech Forum Argentina through a social media post on September 17.
The news coincides with Cardano’s progress toward achieving decentralized governance under the Voltaire era of its roadmap.
$SOL
On September 1, Cardano underwent its first hard fork in this era, introducing community-run governance mechanisms.
Another much-anticipated upgrade within the network is the Leios upgrade, which according to Cardano founder Charles Hoskinson will make the platform “faster than Solana.
The upcoming meeting builds on Cardano’s already strong ties with Argentina.
#CardanoSurprise
Cardano founder Charles Hoskinson is set to meet with Argentina’s President Javier Milei in October to discuss the role of cryptocurrency in shaping the country’s economy.
The meeting, scheduled for October 19, will take place during the Tech Forum Argentina, where Hoskinson will engage in discussions about the potential of blockchain technology in transforming economic and social systems.
The talks will cover a range of topics, including Argentina’s approach to technology and its potential adoption of a central bank digital currency (CBDC).
Cardano Increases Ties With Argentina
The upcoming meeting builds on Cardano’s already strong ties with Argentina.
The Cardano Foundation has been active in the country, establishing multiple partnerships to promote local blockchain adoption.
In June 2024, the foundation signed another agreement to further integrate blockchain technology in Argentina.
Notably, Bitcoin has had a long-standing presence in Argentina, with one of the first major crypto companies, BitPay, developing its wallet Copay there in 2012.
President Milei, known for his pro-cryptocurrency stance, has publicly endorsed Cardano on social media.
$BNB
In May 2024, he reposted a Cardano-themed message from Dario Epstein and has since shared several posts from Hoskinson himself.
Milei confirmed his participation in the Tech Forum Argentina through a social media post on September 17.
The news coincides with Cardano’s progress toward achieving decentralized governance under the Voltaire era of its roadmap.
$SOL
On September 1, Cardano underwent its first hard fork in this era, introducing community-run governance mechanisms.
Another much-anticipated upgrade within the network is the Leios upgrade, which according to Cardano founder Charles Hoskinson will make the platform “faster than Solana.
Cardano (ADA) is offering new upgrades Ogmios v6.4.0 aiming to increase the developers' functionalities and also governance transparency in its ecosystem. That is good news for long-term investors for the short-term and medium-term investors the price is already in a weak fair value gap (FVP) and right now respecting daily FVG furthermore it entering daily order block indicating a bullish signal in both fundamental and technical scenarios.
$ADA #CardanoSurprise #ADA.智能策略库🥇🥇 #CardanoPredictions #Write2Earn!
$ADA #CardanoSurprise #ADA.智能策略库🥇🥇 #CardanoPredictions #Write2Earn!
Cardano Technical indicators: June 3, 2024$$ADA
Cardano ( ADA ) is currently facing a mixed bag of technical indicators, suggesting a cautious outlook for traders. As of June 3, 2024, 12:01 PM GMT, the overall sentiment leans towards a sell position, but with nuances in various indicators.
Indicators Summary:
The Relative Strength Index (RSI) stands at 47.512, reflecting a neutral stance. Similarly, other indicators like Stochastic (STOCH), Stochastic RSI (STOCHRSI), and Average Directional Index (ADX) also hover around the neutral territory, indicating a lack of strong directional momentum.
However, the Moving Average Convergence Divergence (MACD) signals a sell with a value of -0.044, suggesting a bearish sentiment in the short term. Additionally, the Williams %R and Ultimate Oscillator both point towards a sell sentiment, reinforcing the cautionary stance.
On the positive side, the Rate of Change (ROC) indicator presents a buy signal at 14.724, indicating a potential for upward movement. Despite this, the overall trend in the moving averages suggests a sell position, with majority of the short-term and long-term moving averages signaling a downward trend.
**Pivot Points:**
Analyzing pivot points, both the Fibonacci and Camarilla indicators converge around the pivotal point of 0.4586, emphasizing the significance of this level in determining future price action.
**Conclusion:**
In conclusion, Cardano (ADA) presents a mixed technical outlook, with a slight bias towards selling pressure. Traders should exercise caution and closely monitor key levels, especially around the pivotal point of 0.4586, to gauge potential trend reversals or continuations. Despite some buy signals in isolated indicators like ROC, the overall sentiment remains cautious, suggesting a need for careful risk management strategies in trading decisions. #ada #CardanoSurprise
Cardano ( ADA ) is currently facing a mixed bag of technical indicators, suggesting a cautious outlook for traders. As of June 3, 2024, 12:01 PM GMT, the overall sentiment leans towards a sell position, but with nuances in various indicators.
Indicators Summary:
The Relative Strength Index (RSI) stands at 47.512, reflecting a neutral stance. Similarly, other indicators like Stochastic (STOCH), Stochastic RSI (STOCHRSI), and Average Directional Index (ADX) also hover around the neutral territory, indicating a lack of strong directional momentum.
However, the Moving Average Convergence Divergence (MACD) signals a sell with a value of -0.044, suggesting a bearish sentiment in the short term. Additionally, the Williams %R and Ultimate Oscillator both point towards a sell sentiment, reinforcing the cautionary stance.
On the positive side, the Rate of Change (ROC) indicator presents a buy signal at 14.724, indicating a potential for upward movement. Despite this, the overall trend in the moving averages suggests a sell position, with majority of the short-term and long-term moving averages signaling a downward trend.
**Pivot Points:**
Analyzing pivot points, both the Fibonacci and Camarilla indicators converge around the pivotal point of 0.4586, emphasizing the significance of this level in determining future price action.
**Conclusion:**
In conclusion, Cardano (ADA) presents a mixed technical outlook, with a slight bias towards selling pressure. Traders should exercise caution and closely monitor key levels, especially around the pivotal point of 0.4586, to gauge potential trend reversals or continuations. Despite some buy signals in isolated indicators like ROC, the overall sentiment remains cautious, suggesting a need for careful risk management strategies in trading decisions. #ada #CardanoSurprise
Cardano ($ADA ) will skyrocket this 2024! 🚀🌕
Cardano is currently one of the fastest-growing cryptocurrencies in the industry.It stands out because it is used in the physical world by both governments and large enterprises.Unlike some other blockchains, Cardano aims to improve smart contract functionalities. It allows users to create smart contracts without relying on third-party agreements.Notably, Cardano’s blockchain is already being utilized by the World Health Organization (WHO) to validate and authenticate pharmaceutical products, ensuring safety worldwide.
Cardano’s versatility extends to sectors such as finance, healthcare, and law.Its proof-of-stake protocol is another reason investors find it attractive.
The network’s scalability and ability to support smart contracts make it a compelling choice for long-term investment
DYOR.
Please follow me for more organic content and updates. Let’s be friends here on cryptospace.
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#HotTrends #Write2Earn #bullish #CardanoSurprise
Cardano is currently one of the fastest-growing cryptocurrencies in the industry.It stands out because it is used in the physical world by both governments and large enterprises.Unlike some other blockchains, Cardano aims to improve smart contract functionalities. It allows users to create smart contracts without relying on third-party agreements.Notably, Cardano’s blockchain is already being utilized by the World Health Organization (WHO) to validate and authenticate pharmaceutical products, ensuring safety worldwide.
Cardano’s versatility extends to sectors such as finance, healthcare, and law.Its proof-of-stake protocol is another reason investors find it attractive.
The network’s scalability and ability to support smart contracts make it a compelling choice for long-term investment
DYOR.
Please follow me for more organic content and updates. Let’s be friends here on cryptospace.
Support your favorite creators, spread great content, and foster a vibrant crypto community with Binance Square's Tips feature!
#HotTrends #Write2Earn #bullish #CardanoSurprise
🚀 Cardano Predicted to Soar to $9.9 📈
Excitement is brewing as a seasoned market veteran makes a daring prediction for Cardano (ADA). The stage is set for a potential bull run, propelling Cardano's value to an impressive $9.9.
Key Catalysts:
Cardano's recent strides in enhancing its ecosystem have caught the expert's attention.The long-awaited implementation of smart contracts unlocks new possibilities for decentralized finance (DeFi) projects on Cardano's blockchain.With a steadfast focus on scalability and sustainability, Cardano distinguishes itself in the crypto space.Rising institutional interest and improving regulatory clarity add fuel to Cardano's upward trajectory.
While reaching $9.9 may seem ambitious, past crypto rallies demonstrate the market's capacity for rapid growth. Stay tuned as Cardano's journey unfolds – the potential is vast. 🌐$
#LatestNews #CardanoSurprise
Excitement is brewing as a seasoned market veteran makes a daring prediction for Cardano (ADA). The stage is set for a potential bull run, propelling Cardano's value to an impressive $9.9.
Key Catalysts:
Cardano's recent strides in enhancing its ecosystem have caught the expert's attention.The long-awaited implementation of smart contracts unlocks new possibilities for decentralized finance (DeFi) projects on Cardano's blockchain.With a steadfast focus on scalability and sustainability, Cardano distinguishes itself in the crypto space.Rising institutional interest and improving regulatory clarity add fuel to Cardano's upward trajectory.
While reaching $9.9 may seem ambitious, past crypto rallies demonstrate the market's capacity for rapid growth. Stay tuned as Cardano's journey unfolds – the potential is vast. 🌐$
#LatestNews #CardanoSurprise
FINALLY! $ADA PARTNERED UP WITH HUAWEI! 🔥 But Why Is So Important? 🤔👇
This collaboration is massive because it aims to integrate Huawei's cloud infrastructure into the Cardano ecosystem. It will enhance Cardano's scalability, interoperability and adoption around Asia and Africa. In addition, it will open new opportunities for developers to build better Web3 solutions. In fact, compared to other blockchains, ADA counts less Dapps. From my point of view, I perceive this partnership as a key milestone in Cardano's journey because it will attract more developers and users to its blockchain. In addition, integrating cloud computing into the blockchain will have several benefits in terms of cost efficiency and data management (e.g. efficient data storage)
STAY TUNED! 💪
#ADAUpdate #CardanoCommunity #CardanoSurprise #CryptoUpdates
This collaboration is massive because it aims to integrate Huawei's cloud infrastructure into the Cardano ecosystem. It will enhance Cardano's scalability, interoperability and adoption around Asia and Africa. In addition, it will open new opportunities for developers to build better Web3 solutions. In fact, compared to other blockchains, ADA counts less Dapps. From my point of view, I perceive this partnership as a key milestone in Cardano's journey because it will attract more developers and users to its blockchain. In addition, integrating cloud computing into the blockchain will have several benefits in terms of cost efficiency and data management (e.g. efficient data storage)
STAY TUNED! 💪
#ADAUpdate #CardanoCommunity #CardanoSurprise #CryptoUpdates
$ADA
Looks promising in current dip, Investor know that Cardano will keep itself building and there are hundreds of developments in the pipeline. I am going to attend the next Summit in Dubai.
Are you?
#CardanoSurprise #BTC #DubaiBlockchainWeek
Looks promising in current dip, Investor know that Cardano will keep itself building and there are hundreds of developments in the pipeline. I am going to attend the next Summit in Dubai.
Are you?
#CardanoSurprise #BTC #DubaiBlockchainWeek
Cardano Weekly Report Highlights Exclusive Developments.
In a recent weekly report, Input Output Hong Kong (IOHK), the organization driving the blockchain Cardano, unveiled significant advancements across various fronts. The report, published on its official platform, provides insights into key developments in core technologies, smart contracts, wallet services, and more.
A notable achievement highlighted in the report is the successful implementation of CIP-0069 by Cardano's accounting team. This enhancement extends the capabilities of PlutusV3 by introducing optional expense data and streamlining script functionalities with a unified argument. This upgrade not only enhances the versatility of expense scripts for minting and other applications but also addresses critical bugs associated with script execution and delegation.
IOHK also announced the imminent launch of Lace version 1.13 by its development team. This upcoming release promises exclusive functionalities alongside essential bug fixes, further refining user experience and platform stability. Concurrently, the Plutus team introduced version 1.30.0.0 tailored for Plutus libraries, integrating the implementation of CIP-0122. CIP-0122 introduces a novel value type that enhances data handling capabilities within the Cardano ecosystem.
Additionally, the Cardano education team has been actively organizing educational lectures for the Cardano Developer course, underscoring their commitment to nurturing developer skills and community engagement.
These updates underscore Cardano's ongoing commitment to innovation and continuous improvement within the blockchain ecosystem, positioning itself as a leader in decentralized technology solutions. $ADA $SAGA $AEVO
#HongKong #CardanoSurprise #ADABullish #AEVO/USDT #SAGA🔥🔥
In a recent weekly report, Input Output Hong Kong (IOHK), the organization driving the blockchain Cardano, unveiled significant advancements across various fronts. The report, published on its official platform, provides insights into key developments in core technologies, smart contracts, wallet services, and more.
A notable achievement highlighted in the report is the successful implementation of CIP-0069 by Cardano's accounting team. This enhancement extends the capabilities of PlutusV3 by introducing optional expense data and streamlining script functionalities with a unified argument. This upgrade not only enhances the versatility of expense scripts for minting and other applications but also addresses critical bugs associated with script execution and delegation.
IOHK also announced the imminent launch of Lace version 1.13 by its development team. This upcoming release promises exclusive functionalities alongside essential bug fixes, further refining user experience and platform stability. Concurrently, the Plutus team introduced version 1.30.0.0 tailored for Plutus libraries, integrating the implementation of CIP-0122. CIP-0122 introduces a novel value type that enhances data handling capabilities within the Cardano ecosystem.
Additionally, the Cardano education team has been actively organizing educational lectures for the Cardano Developer course, underscoring their commitment to nurturing developer skills and community engagement.
These updates underscore Cardano's ongoing commitment to innovation and continuous improvement within the blockchain ecosystem, positioning itself as a leader in decentralized technology solutions. $ADA $SAGA $AEVO
#HongKong #CardanoSurprise #ADABullish #AEVO/USDT #SAGA🔥🔥
Cardano memecoins are popping up left and right 👀
$ADA
#memecoins #CardanoPredictions #CardanoSurprise
$ADA
#memecoins #CardanoPredictions #CardanoSurprise
🚀🔥 Breaking News: Elon Musk Sends Shockwaves Through Crypto Community with Surprise Cardano (ADA) Move! 🌟 The tech titan and Twitter/X platform owner recently sparked speculation by following a major ADA news handle on Twitter. 😲 Despite his strong ties to Dogecoin and Bitcoin, including Tesla's $1.5 billion investment in BTC, Musk's interest in ADA raises eyebrows. 💼💰 Is this a game-changer or an elaborate April Fool's prank? 🃏 While some remain skeptical, Musk's trolling antics continue as he jests about taking on the role of chief DEI officer at Disney, stirring up the crypto community and igniting a meme frenzy. 🎉 Meanwhile, DOGE enthusiasts brace for a potential bull run, with analysts drawing parallels to its historic surge in 2021. 📈💸 Don't miss out on the latest crypto craze! Stay tuned for updates and insights. 💡💰 #CryptoBuzz #ElonMusk #CardanoSurprise #DogecoinRally 🚀 Don't forget to tip for the scoop! TRC20: TVvdvrFdU83dTantsHmeAFdPu9PoCmbLYj 🙌
#CardanoSurprise Cardano whales prepare for Chang Hard Fork, biggest network upgrade since 2021
• Cardano whales add 170 million ADA tokens to their holdings in two days ahead of a major network upgrade.
• Chang Hard Fork brings major changes to the structure of the Cardano network and introduces mechanisms for on-chain governance.
• Cardano’s most important upgrade in two years is lined up for September 1.
• ADA falls slightly on Friday, trading at $0.3563 at the time of writing.
Cardano (ADA) big-wallet traders seem to be positioning ahead of upcoming changes to the chain’s network. The upcoming Chang Hard Fork upgrade, the biggest one since 2021, will introduce a mechanism for users to participate in on-chain governance, supporting the decentralization process in Cardano.
Cardano whales have accumulated ADA tokens at a fast pace in the last two days, on-chain data shows, likely anticipating gains in the altcoin’s price.
What to expect from Cardano’s Chang Hard Fork
Chang Hard Fork is a key milestone in the decentralization of governance in the Cardano blockchain. It is the largest upgrade to the blockchain network in two years, as it marks the final step in the decentralization process in the Voltaire phase of Cardano’s roadmap.
Chang Hard Fork has two upgrades lined up. The first one initiates a process by which a working group reviews progress and ensures that the desired thresholds are met and the ecosystem is ready for the hard fork. The group will then raise necessary governance actions and sign off the hard fork, the last of its kind prior to decentralization, where ADA holders take control of the chain.
The transaction to trigger the first upgrade on the mainnet was submitted on Thursday. Nicolas Serny, governance lead at the Cardano Foundation, said:
This milestone officially ushers us into the Conway era, beginning in epoch 507 on September 1, 2024, at 21:45 UTC.
• Cardano whales add 170 million ADA tokens to their holdings in two days ahead of a major network upgrade.
• Chang Hard Fork brings major changes to the structure of the Cardano network and introduces mechanisms for on-chain governance.
• Cardano’s most important upgrade in two years is lined up for September 1.
• ADA falls slightly on Friday, trading at $0.3563 at the time of writing.
Cardano (ADA) big-wallet traders seem to be positioning ahead of upcoming changes to the chain’s network. The upcoming Chang Hard Fork upgrade, the biggest one since 2021, will introduce a mechanism for users to participate in on-chain governance, supporting the decentralization process in Cardano.
Cardano whales have accumulated ADA tokens at a fast pace in the last two days, on-chain data shows, likely anticipating gains in the altcoin’s price.
What to expect from Cardano’s Chang Hard Fork
Chang Hard Fork is a key milestone in the decentralization of governance in the Cardano blockchain. It is the largest upgrade to the blockchain network in two years, as it marks the final step in the decentralization process in the Voltaire phase of Cardano’s roadmap.
Chang Hard Fork has two upgrades lined up. The first one initiates a process by which a working group reviews progress and ensures that the desired thresholds are met and the ecosystem is ready for the hard fork. The group will then raise necessary governance actions and sign off the hard fork, the last of its kind prior to decentralization, where ADA holders take control of the chain.
The transaction to trigger the first upgrade on the mainnet was submitted on Thursday. Nicolas Serny, governance lead at the Cardano Foundation, said:
This milestone officially ushers us into the Conway era, beginning in epoch 507 on September 1, 2024, at 21:45 UTC.
Cardano #CardanoSurprise
Cardano’s Chang hard fork ‘all going as planned’ – What about ADA?
As the Cardano hard fork is fast approaching, analysts have analyzed the impact on ADA’s price and what it could spell for the blockchain.
• Cardano’s upcoming Chang hard fork could redefine blockchain governance and boost ADA’s value.
• Despite recent price declines, ADA’s active addresses were increasing, signaling potential recovery.
Cardano [ADA] was trading at $0.3586 at press time, reflecting a 6.8% decrease over the past week and a further decline of 0.3% in the last 24 hours.
#CardanoMagic
As ADA struggles with these continuous price drops, the crypto community is closely monitoring upcoming developments that could potentially shift the narrative for this blockchain project.
Renowned crypto analyst Dan Gambardello recently shared his perspective on Cardano’s future in a post on X (formerly Twitter), highlighting that the Cardano Chang hard fork, scheduled for the 1st of September, could mark a turning point.
Will the Chang Hard Fork be a game changer?
Gambardello emphasized that this upgrade is more than just a technical enhancement; it represented a “fundamental shift” in blockchain governance.
He pointed out that the hard fork will place over $600 million worth of ADA entirely in the hands of its community, a figure that could rapidly increase to $5 billion or even $10 billion depending on ADA’s price movements.
The analyst noted,
“With such a governance model, Cardano could very well redefine what it means to be a leading blockchain, potentially attracting more developers, users, and investors.”
Further stressing the impact on the blockchain, Gambardello stressed that this shift is not only about technological improvements like faster transactions or lower fees.
Instead, it is about “empowering true decentralization” and establishing a global financial operating system that works for everyone in a secure, scalable, and decentralized manner.
Cardano’s Chang hard fork ‘all going as planned’ – What about ADA?
As the Cardano hard fork is fast approaching, analysts have analyzed the impact on ADA’s price and what it could spell for the blockchain.
• Cardano’s upcoming Chang hard fork could redefine blockchain governance and boost ADA’s value.
• Despite recent price declines, ADA’s active addresses were increasing, signaling potential recovery.
Cardano [ADA] was trading at $0.3586 at press time, reflecting a 6.8% decrease over the past week and a further decline of 0.3% in the last 24 hours.
#CardanoMagic
As ADA struggles with these continuous price drops, the crypto community is closely monitoring upcoming developments that could potentially shift the narrative for this blockchain project.
Renowned crypto analyst Dan Gambardello recently shared his perspective on Cardano’s future in a post on X (formerly Twitter), highlighting that the Cardano Chang hard fork, scheduled for the 1st of September, could mark a turning point.
Will the Chang Hard Fork be a game changer?
Gambardello emphasized that this upgrade is more than just a technical enhancement; it represented a “fundamental shift” in blockchain governance.
He pointed out that the hard fork will place over $600 million worth of ADA entirely in the hands of its community, a figure that could rapidly increase to $5 billion or even $10 billion depending on ADA’s price movements.
The analyst noted,
“With such a governance model, Cardano could very well redefine what it means to be a leading blockchain, potentially attracting more developers, users, and investors.”
Further stressing the impact on the blockchain, Gambardello stressed that this shift is not only about technological improvements like faster transactions or lower fees.
Instead, it is about “empowering true decentralization” and establishing a global financial operating system that works for everyone in a secure, scalable, and decentralized manner.
