Aptos is making waves as a community member recently submitted a proposal on April 18 to slash the staking rewards nearly by almost 50%. The plan submitted by the member, MoonSheisty suggests lowering the rewards from 7% to 3.79% over the next three months.
Aptos community member MoonSheisty submitted a proposal to slash staking rewards for the network's native token, Aptos (APT), by almost half.
Despite a recent rebound above the psychological threshold of $0.60, Cardano (ADA) remains under bearish pressure. The flagship crypto of the Cardano ecosystem temporarily reclaimed this critical zone, but market data and technical analysis suggest that sellers maintain the short-term advantage.
Cardano (ADA) has reclaimed the key $0.60 level, yet investor sentiment remains cautious. At the time of writing, ADA is trading at $0.6164, down 0.57% over the past 24 hours.
The Cardano price may be preparing for a powerful rally toward $1.7, as new indicators suggest a potential recovery. A leading crypto analyst has identified multiple bullish catalysts that could drive ADA's momentum and help propel the cryptocurrency to this bullish target.
The Cardano (ADA) price is current testing key near-term resistance around its 21DMA, and while the likelihood of a modest short-term rebound is growing, the outlook for a sustained rally isn't great right now. The post Cardano Price Analysis: What Needs to Happen for a 400% Rally appeared first on Cryptonews.
In March, the White House held a digital assets summit in the State Dining Room and it was attended by several founders except Charles Hoskinson, the co-founder of Ethereum and Cardano, and many found it odd. After all, there were expectations that Cardano's token would be included in a crypto strategic reserve.
Input Output Global's (IOG's) research arm has formally asked the Cardano community to bankroll a twelve‑month programme of cutting‑edge R&D that it says is essential to keeping the blockchain competitive through the end of the decade.
An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network's native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.
An Aptos community member submitted a proposal on April 18 to slash staking rewards for the network's native token, Aptos (APT), by nearly 50%The proposal, submitted by a community member called MoonSheisty, aims at reducing reward yields from 7% to 3.79% in a three-month period, aligning Aptos staking rewards with other layer-1 blockchains and encouraging capital efficiency. The proposal has sparked curiosity on X, but early comments on GitHub show some initial resistance.
The proposal echoes Solana's recent SIMD-228, which sought to curb inflation on the network, but was voted down by validators in March.
Cardano is expanding its RWA ecosystem, as Genius Yield breaks a major milestone.
Bitcoin (BTC) has been trading in a tight range for a few days, but a minor positive is that the bulls have kept the price above $83,000. Usually, a low volatility period is followed by a range expansion, but it is difficult to predict the direction of the breakout with certainty.Cryptocurrency analysts remain bullish on Bitcoin's prospects because gold's rally in 2017 and 2020 was followed by a sharp rise in Bitcoin's price.
More than a year after its initial announcement, Arbitrum launched Timeboost yesterday.
Aptos' proposal targets a 1% monthly staking yield decrease.
The crypto market continues to move sideways due to macroeconomic fears caused by the trade war between China and the US. However, the sentiment might shift if President Trump manages to make changes at the Federal Reserve in a bid to lower interest rates.
The crypto market has largely consolidated over the past week, as bulls attempt to regain control.
Cardano (ADA) has climbed back above the critical $0.60 level, but the bulls are not celebrating just yet. Despite recovering this key price zone, ADA has remained in red over the last 24 hours, reflecting the broader market's cautious sentiment.
TL;DR The drop of ASTR to $0.02 on April 7 led Astar to cut base staking rewards from 25% to 10% to stabilize APR. Astar raised the variable portion of staking rewards for dApps from 40% to 55%, ties issuance to TVL, and does not affect developers. It set a minimum issuance floor of 2.
Converge Blockchain:- Carlos Domingo, founder and CEO of Securitize, has announced the next step for their new EVM blockchain, Converge. Announcing in a X post, CEO Dormingo said that the to-be launched blockchain will leverage Arbitrum and Celestia tech to develop their RWA-focused chain.
Cardano (ADA) has been struggling to maintain its price levels, with recent price action reflecting a lack of growth amid bearish market conditions.
This new chain, built by Ethena Labs and Securitize, is designed to be the settlement layer for on-chain finance and RWAs. Celestia provides the underlying infrastructure.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) It was a quiet week for Ethereum that only managed a small 1% price increase.
Blockchain firm Astar Network implemented changes to its tokenomics to reduce inflationary pressures in its ecosystem. On April 18, Astar Network announced that it has reduced the blockchain's base staking rewards from 25% to 10% to curb token inflation.
Arbitrum launched Converge, a new blockchain-focused on tokenizing real-world assets (RWAs) and boosting on-chain finance.
Ethereum Layer-2 protocol Arbitrum has launched Converge, a new blockchain designed to serve as a settlement layer for tokenized real-world assets (RWAs) and on-chain finance. Created by Ethena Labs and Securitize, Converge aims to bring billions of dollars in stable assets into decentralized finance (DeFi).
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Cardano (ADA) has been trading below the $0.70 mark since March 29, struggling to regain bullish momentum. Despite brief signs of strength, recent indicators now point to weakening trend conditions.
Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi). According to the announcement, a testnet will be live in the coming weeks, with a mainnet launch later in 2025.
The Cardano (ADA) price is currently battling with key short-term resistance levels around $0.63, with the crypto at an important near-term cross roads. The post Cardano Price Analysis: Where is ADA Headed Next? appeared first on Cryptonews.
AAVE's ecosystem upgrade could mark the beginning of a new wave of liquidity inflows.
TL;DR Converge, the upcoming blockchain developed by Ethena and Securitize, is scheduled to launch its mainnet by the end of Q2 2025. It will leverage Arbitrum's scalability technology and Celestia's data availability layer to deliver superior performance with low latency.
The Cardano price remains in a deep bear market, having lost over half its value since peaking in November last year. Cardano (ADA) dropped to $0.
Cryptocurrencies have been performing positively in the past week after President Trump hit the pause button on his decision to implement high tariffs on imported goods from all countries.
Cardano developer Input Output has made a key step forward in advancing the Cardano blockchain. In a tweet, Input Output stated it had submitted its "Cardano Vision - Work Program 2025" proposal to fund the foundational work required for Cardano's long-term growth.
Decentralized finance (DeFi) protocol Ethena and tokenization firm Securitize said they will use part of Arbitrum's tech and data availability network Celestia for their real-world asset focused, Ethereum-compatible blockchain, aiming to launch mainnet in the second quarter of this year.
Aligning with the broader crypto market trend, Cardano (ADA) and Dogecoin (DOGE) are showing signs of a potential rebound, with analysts remaining bullish. The crypto market is currently on an upward trajectory, with the total market cap reaching $2.66 trillion, representing a modest 0.83% surge.
After falling from its Macro Range, Aptos (APT) has faced rejection from key levels. Amid its 15% monthly decline, some analysts suggest that APT's party won't continue until the $5 resistance is reclaimed.
Cardano has remained sluggish for a long time, shifting investors' attention away from the token. The volume over the platform has never been constant and has witnessed huge spikes only in times of a massive rise in the bullish dominance, which triggers a strong ascending trend within the markets.
Cardano price stuck at $0.61 below key resistance while upcoming Bitcoin staking integration could potentially drive major growth.
Solana, Cardano, and Avalanche are currently leading the cryptocurrency market losses, with each experiencing drops of over 5% in the past 24 hours.
The Cardano Foundation has formally announced a new partnership with the Pontifical Catholic University of Rio de Janeiro (PUC-Rio), a top-ranked Brazilian university renowned for its contributions to research and development. The collaboration, revealed on April 15, will concentrate on the advancement and practical application of blockchain technology, specifically within the energy sector in Brazil.
Cardano (ADA) has shown major structural developments as it re-enters a multi-year trading range. The recent price action suggests acceptance back within this long-term structure, with indicators pointing toward a potential move to the lower support region.
Axie Infinity attracted the attention of gaming and crypto enthusiasts after the recent launch of the much-awaited Origins S12 postseason. At the center of the craze is the Elite 8 Tournament, which will begin next week on April 21.
Due to regulatory pressure, Ethena GmbH, creator of dollar-backed stablecoin USDe, will end operations in Germany. BaFin is the German authority that enforces regulations.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
TL;DR Over 50M Arbitrum users can now access ZetaChain without switching networks or relying on external bridges or complex swaps. dApps use universal contracts that connect natively with chains like Bitcoin, Ethereum, Solana, and Arbitrum. ZetaHub now lets users view balances, transfer assets, and provide liquidity from Arbitrum with a seamless, single-network experience.
TL;DR Season 12 of Origins has officially wrapped up, making way for an exciting postseason. The Elite 8 Tournament begins on April 21st, where the top players will face off for a 3,000 AXS prize pool.