Cardano

Ever since March 20, Cardano’s price has been relatively stagnant, ranging from $0.61 to $0.64. This lack of movement is in stark contrast to other cryptocurrencies such as Solana (SOL) and Avalanche (AVAX), which have experienced significant price gains. The on-chain data trends point towards a bearish catalyst behind Cardano’s underperformance in the market. One
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In the ever-volatile world of cryptocurrency, recent market trends have shown a bearish sentiment affecting various digital assets, including Cardano (ADA). As one of the top ten cryptocurrencies based on market capitalization, ADA has experienced a retracement of nearly 20% in the past week after reaching a 22-month high of $0.810 on March 14. The
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Charles Hoskinson recently addressed the fear, uncertainty, and doubt surrounding Hydra, a layer-two scaling solution for the Cardano blockchain. It was rumored that Hydra had been abandoned, but Hoskinson made it clear that the project is still very much active and productive. This is an important clarification to ensure that the community understands the ongoing
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Cardano’s price surged to a 2-year peak of $0.78 on Mar. 5, surpassing Solana’s performance in the weekly timeframe. This uptrend in price is reflective of the overall bullish sentiment surrounding altcoins in the crypto market. Notably, Cardano and several other altcoins have been experiencing significant growth over the past week, indicating a shift in
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