CARDANO price, news and Forecast (ADA US DOLLAR)
Technical overview
Big picture
Cryptocurrencies bullish themes
Cryptocurrencies bearish themes
Latest Crypto Analysis
Editors' picks
Sui Price Forecast: SUI bears aiming for a 30% crash
Sui price extends its decline, trading below $4.37 on Thursday after rejecting from its ascending trendline in the previous day. Coinglass data shows that SUI’s long-to-short ratio reached the lowest level in over a month, reflecting a bearish sentiment.
Could XRP ETFs receive SEC approval after rumored upcoming CME launch of XRP and Solana futures?
The Chicago Mercantile Exchange allegedly plans to launch Ripple's XRP and Solana futures contracts following a now-deleted post on a staging website detailing how trading for both assets will function.
Crypto Today: BTC, Solana, XRP mount $3.5T support as Ross Ulbricht and Tornado Cash rulings spark optimism
The global crypto market capitalization fell 1.7% to hit $3.5 trillion on Wednesday. Bitcoin, Solana and XRP held firm above their respective critical support levels at $103,000, $3 and $250.
Toncoin price flashes 45% rally signal as Trump’s Ross Ulbricht pardon lifts Privacy coins
Toncoin price crossed $5.3 on Wednesday, driven by bullish sentiment after President Donald Trump pardoned early-Bitcoiner Ross Ulbricht. On-chain analysis shows that whale investors had been on a 10-day buying spree before the latest bullish news events surrounding Privacy-focused coins.
Bitcoin: BTC rallies above $102,000 ahead of Trump’s inauguration
BTC's price continues to trade in the green, trading above $102,000 at the time of writing on Friday after rallying more than 7% this week. Recent US macroeconomic data released this week supported the rise of risky assets like BTC.
BTC
ETH
XRP
WHAT IS CARDANO?
According to the Cardano Foundation, Cardano’s native token, ADA, is a digital currency. Any user, located anywhere in the world, can use ADA as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain. Learn more in our Cardano Guide.
Every ADA holder also holds a stake in the Cardano network. ADA stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, ADA will also be usable for a variety of applications and services running on the Cardano protocol.
Characteristics of Cardano
Cardano was created as an alternative to Ethereum, with the mission of creating a platform that can process more transactions at a low cost.
- It is the first peer-reviewed decentralized blockchain protocol that uses a scientific approach.
- Cardano blockchain allows users to build smart contracts, create decentralized applications and protocols, and instantly send and receive funds with minimal fees.
- ADA holders use their coins to vote for changes or improvements on the protocol, taking part in its development.
Differences between Bitcoin and Cardano
- Cardano combines Ethereum and Bitcoin features. It also has other features inherent to third-generation blockchains.
- ADA approach is unique based on peer-reviewed scientific evidence to ensure its security.
- As a smart contract platform, Cardano provides safety and scalability through its unique two-layered architecture.
5 most predictable cryptocurrencies
|The prices of cryptocurrencies change quite rapidly and can be wild. With high attention and trading volumes, patterns are emerging...
The best times for trading cryptocurrencies for those that hate surprises
|Trading cryptocurrencies can be wild, but sometimes too wild. Traders of Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and all the rest need volatility...
Cryptocurrency scams: 10 ways to identify scam coins
|The fast-moving world of cryptocurrencies allows quite a few opportunities for traders. New cryptocurrencies and tokens often rise at a rapid clip...