Cardano Debunks Rumors About Abandoning Hydra Scaling Project
Cardano’s co-founder, Charles Hoskinson, has refuted rumors suggesting that the project’s Hydra layer-2 scaling solution has been abandoned, calling it “just pure FUD.”
Cardano (ADA)
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Cardano Sees Surge in Active Wallets, But ADA Price Stagnates
The Cardano blockchain has experienced a significant increase in active wallets, with a 40% surge to 600,000 active wallets over the past month. However, despite this growth in user engagement and developments within the Cardano ecosystem, the ADA token’s price has remained relatively stagnant, lagging behind the overall bullish trend in the crypto market.
SHIB Flips Cardano By Volume Amid Massive Token Price Gains
Shiba Inu ecosystem saw over 24-hour trading volume topping $1.1B to surpass Cardano and other larger market cap coins alongside triple-digit returns for SHIB, BONE, and TREAT tokens.
Positive Prospects for Cardano’s ADA
Cardano’s treasury growth and Plutus V3 upgrade fuel optimism for ADA’s future, supported by Charles Hoskinson.
Cardano Q4 Activity Surges Over 690% – Fuels ADA Bull Case
Cardano saw massive growth in Q4 across metrics like a 166% quarterly TVL rise to $330M, surging transactions, and a 127% ADA price boost, sparking discussions on continued bullish momentum.
Cardano Q4 2023 Growth Outshines Competitors
A new report shows Cardano had a standout Q4 2023, with major increases in total value locked (166% QoQ), average daily transactions (10.9% QoQ), and ADA price (127.2% QoQ). Cardano also hit an all-time high TVL of $449M, moving up the TVL rankings. However, NFT activity declined.
Cardano Price Could Hit 500% Gains This Crypto Bull Run
Cryptocurrency analyst says Cardano’s price could increase 500% in the current crypto bull run based on previous bull cycle data and its current position relative to its all-time high.
Abracadabra Money Hacked: $6.5 Million in Crypto Assets Stolen
Abracadabra Money was hacked, leading to the theft of $6.5 million worth of cryptocurrency assets.
Cardano Leads Crypto Development
Cardano (ADA) outperforms Polkadot and Kusama in blockchain development activity but experiences a 24.93% price decline, indicating a potential bearish trend.
Cardano Eyes All-Time High As Shib Burns Billions
Cardano could potentially retest its $3 record peak this year according to experts, even as Shiba Inu accelerates token burns. Meanwhile Meme Moguls takes a utility-driven approach.