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Cardano Nears 4-Month Trendline Amid Upgrade Buzz: Can ADA Hit $3 Again?


Cardano’s (ADA) token is back to testing the descending trendline that has been at a tough resistance level since March 14. This move comes after a bounce off the weekly low of $0.32 and holds above the $0.395 level, suggesting further bullish momentum. ADA trades at $0.395 at press time, marking...

Cardano falls behind Hedera, Optimism, and Chainlink in this major metric


Recent market data shows Cardano (ADA) falling behind popular altcoins Hedera (HBAR), Optimism (OP), and Chainlink (LINK) in a metric measuring developer activity. Experts believe this could signal shifting market innovation and provide helpful information for trading and investing.  Amid...

Cardano (ADA) price set for recovery with strong investor optimism


Cardano, one of the most popular cryptos, is showing signs of recovery. To complete the shift, the token will need support from investors and the market. If Cardano manages to register a hike, its unprofitable supply of 1.7 billion tokens can turn profitable. According to the latest ADA forecast...

Cardano leads in sustainability reporting ahead of MiCA regulations


The Cardano Foundation has released sustainability indicators for its network. This is well ahead of the European Union’s Markets in Crypto-Assets (MiCA) regulations, which are set to take full effect in December 2024.  Cardano’s sustainability report was developed in partnership with...

Cardano Leads in Sustainability Reporting – ADA Price Prediction


The Cardano Foundation has released sustainability indicators for its network. This is well ahead of the European Union’s Markets in Crypto-Assets (MiCA) regulations, which are set to take full effect in December 2024.  Cardano’s sustainability report was developed in partnership with...

Charles Hoskinson shares concern about the ongoing AI Censorship trend


Charles Hoskinson recently discussed a prevalent trend in AI and its implications. The Cardano founder believes that censorship is defeating AI’s purpose.  In a recent X post, Hoskinson stated how AI censorship depletes its utility. AI is losing value because of alignment training. This means that...

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