Cardano founder Charles Hoskinson has lauded Snek.Fun, a meme coin launchpad, for increasing the network's activity.

Cardano (ADA) continues to hover around the $0.30 and $0.35 mark as the token struggled to breach crucial resistance levels for the last few days. This decline could be attributed to the selling pressure the cryptocurrency experienced lately.

The correction continues on the cryptocurrency market on the weekend, according to CoinMarketCap.

In the volatile world of cryptocurrency, where relevance anchors on performance, there has been a notable shift across the board within the last 24 hours. Cardano (ADA), the open-source and decentralized blockchain platform, has been pushed out of the elite top 10-ranked cryptocurrencies.

Cardano (ADA) has garnered much interest since the Chang hard fork upgrade. Despite the bearish sentiment that has engulfed the broader cryptocurrency market since September, ADA appears ready to extend its gains.

Cardano (ADA) has undergone significant developments recently, especially with the successful implementation of the Chang Hard Fork, marking the beginning of the Conway Era. This major upgrade has introduced new decentralized governance models to the blockchain, allowing ADA holders to directly vote on decisions that impact the network.

Cardano (ADA) has set a new record in daily trades, amounting to over 36K.

The price of Cardano (ADA) could be gearing up for a substantial price rally to new highs as a crypto analyst has identified an “insane bullish divergence” in the ADA/BTC price chart. This unique technical pattern has sparked expectations of a potential 10X rally in ADA's price.

Cardano nears key support as whale activity and active addresses surge

Cardano's development team, Input Output (IOHK), and decentralized network Hedera have become founding members of the Decentralized Recovery Alliance (DeRec Alliance).

The native token of the Cardano blockchain, ADA, has lost around 12% of its value over the past week amid a wider cryptocurrency market decline that saw Bitcoin ($BTC) plunged to around $54,000 after losing 8% of its value over the same period.

ADA holders have been anxiously awaiting clarity on how the changes will impact their staking rewards. Charles Hoskinson, the founder of Cardano, has stepped in to dispel fears, confirming that ADA holders who choose not to participate in the new governance mechanisms will not lose their staking rewards.

Early Friday morning saw the movement of some previously dormant Cardano (ADA) coins. This was accompanied by a spike in the coin's daily active addresses, signaling an uptick in trading activity.

Cardano dropped 57% when the Federal Reserve cut rates back in 2019. With another rate cut on the horizon, the cryptocurrency faces a similar setup that could bring major downside.

The deployment of FET on Cardano could significantly enhance the development of decentralized AI, promoting broader adoption and interoperability. The post SingularityNET, Fetch.ai, and Ocean Protocol launch FET token on Cardano appeared first on Crypto Briefing.

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.

Input | Output, the research and engineering entity behind Cardano, along with Hedera, have been named the final founding members of the Decentralized Recovery (DeRec) Alliance, a new coalition aimed at fostering interoperability and enhanced security across the crypto industry.

In a new video analysis, popular crypto analyst Dan Gambardello delved into the potential future of the Cardano (ADA) price amidst the troubling forecasts of a US recession. With a significant following of 369,000 on YouTube, Gambardello highlighted the general unease among ADA holders and general crypto investors due to the ongoing economic discourse surrounding a potential recession.

Cardano's $ADA is today performing the worst among the 15 biggest cryptocurrencies by market capitalization.

In a week full of big tech news in the Cardano ecosystem, one of the oldest crypto exchanges, Bitstamp, named Cardano (ADA) as one of the top trends, getting a lot of attention.

TL;DR Charles Hoskinson strongly opposes the proposal to burn 1.5 billion ADA tokens, arguing it would be theft from Stake Pool Operators (SPOs) and ADA holders. The Cardano community is divided: some see the burn as a way to increase ADA's value, while others believe the funds should support Cardano's development.

Latest updates on SHIB, ADA, and HNT coins.

Cardano has been in the limelight lately, not only because it has slightly increased in price but also due to its forecasted surge. According to predictions, ADA may surge up 16% and reach as high as $0.37 by October 2024.

Charles Hoskinson, the founder of Cardano, has voiced opposition to burning the blockchain network's over 1.5 billion ADA treasury tokens, which are worth around $500 million. On Sept. 5, Hoskinson, in a social media post on X, pointed out that the treasury assets weren't just preprinted tokens but were generated through block production and transactions.

Charles Hoskinson, the founder of Cardano, has responded to calls from the community for a burn mechanism to be implemented for Treasury assets.

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss.

A major milestone in Cardano's evolution is the recent activation of the Chang Hard Fork, which marks the start of on-chain governance under the Voltaire era.

This week in crypto has seen significant advancements, with Polygon's MATIC token transitioning to POL as part of its 2.0 roadmap and Cardano's much-anticipated Chang hard fork going live.

Amid uncertainty in the crypto space, the ADA coin price continues hovering close to its crucial yearly lows. Moreover, the most anticipated “Chang Hard Fork” upgrade has failed to support the free-falling Cardano token. With a drop of 61.

Cardano price found support near the $0.3050 level. ADA is now recovering higher and might aim for more gains above the $0.3360 resistance.

Charles Hoskinson, the founder of Cardano, has provided crucial clarifications regarding the options ADA holders will have when withdrawing staking rewards in the new era following the Chang hard fork. This clarification comes in response to growing concerns among ADA holders about changes in governance mechanisms and reward systems.

In a recent social media post, Hoskinson reflected on the journey and achievements of Cardano, emphasizing the significance of the Chang update. He described this update as “one of the greatest technical achievements in human history,” showcasing how Cardano has evolved into a robust, decentralized network that spans over 100 countries.

Cardano's (ADA) much-anticipated Chang hard fork has put some of its holders in gains in the past 24 hours. Transactions involving the altcoin have returned more gains than losses during that period.

The Cardano ecosystem has continued to make headlines in what might ultimately trigger ADA price breakout. Since it entered the Voltaire era on September 1, the Proof-of-Stake (PoS) protocol has waded through key adjustments with impact on its native token valuation.

Amid flat trading, Cardano's Nike memecoin stands out with an unexpected 130% surge over the past day.

Cardano developer Input Output and Hedera are the latest cryptocurrency entities to join the Decentralized Recovery Alliance as founding members. The alliance announced on Sept.

Cardano Founder Charles Hoskinson has finally responded to some in the community who wants the protocol to adopt a burn mechanism for Treasury assets. While the tech innovator has always maintained an anti-burn stance, this latest take comes following the transition to the Voltaire Era.

Cardano (ADA), once hailed as a potential game-changer in the blockchain space, is facing significant challenges despite its recent technical upgrades. The latest Chang-Upgrade, designed to push Cardano (ADA) further towards decentralization, has been successfully implemented.

In a recent video titled “Next Steps Post-Chang,” Charles Hoskinson, Co-Founder and CEO of IOG, provided a detailed update on the Cardano ecosystem's development following the Chang roadmap milestone. Hoskinson outlined the current phase of governance, known as the bootstrap phase, which is essential for activating full governance in the Cardano network.

The top cryptocurrencies under $1 include XRP, Cardano, and Artificial Superintelligence Alliance.

The collaboration among these blockchain entities could significantly enhance digital asset recovery, promoting broader crypto adoption and security. The post Cardano's IOHK, Hedera join Ripple, Algorand Foundation as founding members of Decentralized Recovery Alliance appeared first on Crypto Briefing.

The Decentralized Recovery (DeRec) Alliance Research has welcomed its final Founding Members: research and engineering company and Cardano developer Input|Output, as well as the open-source, proof-of-stake network Hedera.

Dan Gambardello, a well-known crypto analyst, recently highlighted what could be a significant technical indicator for Cardano (ADA). On the ADA to BTC daily chart, he points out that a "bullish" divergence is forming, which could mean Cardano's price will surge relative to Bitcoin.

TL;DR Hoskinson about Decentralized Governance: The Chang Hard Fork introduces a new governance structure, empowering ADA holders to elect representatives and vote on key proposals, shifting control from Cardano's founding entities to the community.

Cardano (ADA) has successfully undergone its long-awaited Chang hard fork, marking a significant evolution in its network and introducing on-chain governance. This feature puts the power directly in the hands of ADA holders to influence the blockchain's future.

Charles Hoskinson makes much-needed clarifications regarding the withdrawal of staking rewards following the recent Chang hard fork.

Cardano bulls failed to take control after the Chang hard fork, as the token's price dropped by over 7% last week.

Cardano price has been steadily moving down a falling channel over the last 145 days. In the last 24 hours, ADA price has performed exceptionally well despite global crypto and traditional markets facing a major downturn.