Cardano

$ADA: IT Engineer Leaves Job at TradFi Firm To Work With Cardano

On Tuesday (May 17), an IT engineer explained why he quit his “comfortable and secured job at Capital One to help build out Cardano.” “$papagoogse” describes himself on Twitter (where his ID is “@PapaGooseCrypto“) as “Master Platform Engineer Finance – Cloud Computing – Platform Systems.” According to his Twitter bio, he is currently CIO at […]

Cardano Whale Transactions Hit 4-Month High After $ADA Price Bottom

Cardano ($ADA) whale transactions have recently shot up to a 4-month high after the price of the cryptocurrency plunged to a bottom at $0.40 earlier this year. Whales were seemingly buying the dip ahead of an upcoming hard fork that will improve the network’s performance. According to on-chain analytics firm Santiment, ADA whale transactions – […]

Charles Hoskinson Tells Vitalik Buterin It’s Not Too Late To Come to Cardano ($ADA)

On Tuesday (May 17), Ethereum ($ETH) and Cardano ($ADA) Co-Founder Charles Hoskinson made an interesting tongue-in-cheek comment. Background Information The original Ethereum white paper (titled: “Ethereum White Paper: A next-generation smart contract and decentralized application platform”) was written by Russian-Canadian programmer Vitaly Dmitriyevich Buterin (better known as “Vitalik Buterin”), and published on his blog in December 2013. […]

Dan Gambardello Calls Cardano ($ADA) ‘Most Sound, Secure, & Scalable Blockchain’

On Thursday (May 12), Dan Gambardello, Founder of Crypto Capital Venture, said that Cardano is “silently positioning itself as the most sound, secure, & scalable blockchain.” On May 12, Gambadello, who has long been a huge fan of Cardano and is a respected member of the Cardano community, told his over 225K Twitter followers: Gambadello […]

dcSpark CTO: ‘Cardano Blockchain Itself Is Paying Me To Review Proposals To Improve It

On Friday (May 13), Sebastien Guillemot, who is the CTO of blockchain company dcSpark — as well as the former VP of Engineering & Cardano Product Manager at EMURGO — told the crypto community about his “super cool” new side hustle. What Does dcSpark Do? In case you are wondering what dcSpark does, according to its development team, […]

COTI CEO: How Cardano-Powered Decentralized Algorithmic Stablecoin Djed Is Different

On Tuesday (May 10), In the wake of the fall from grace of Terra ecosystem’s algorithmic stablecoin TerraUSD ($UST) in the past few days, FinTech startup COTI Group CEO Shahaf Bar-Geffen explained how his algorithmic stablecoin Djed (which is built on Cardano) is different and why its dollar peg has not been affected. What Is Djed? On Sunday (September […]

Coin Bureau on Cardano ($ADA): “There’s Still Lots of Demand for ADA”

The host of popular crypto analytics and market commentary show “Coin Bureau” says that Cardona’s demand is surging despite the coin’s recent lackluster price performance.  Speaking in a recent YouTube update, Coin Bureau host “Guy” told viewers that Cardano’s adoption has been red hot. He claimed that the number of unique Cardano wallets had increased […]

$ADA: Charles Hoskinson Says the ‘Massive’ Cardano Treasury Is ‘Only Going To Grow’

On Tuesday (May 10), Charles Hoskinson, who is Co-Founder and CEO of Input Output Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, provided some reassuring news for $ADA HODLers. Earlier today, Sebastien Guillemot, who is the CTO of blockchain company dcSpark — as well as the former VP of Engineering & Cardano […]

$ADA: IOG’s Head of Product (Identity) Testifies Before California State Senate

Recently, Tony Rose, Head of Product (Identity) at Input Output Global (“IOG”), the company responsible for the development of the Cardano protocol, testified in support of bill SB 1190 before the California Senate Governmental Organization Committee. Rose, who is also a board member at Blockchain Advocacy Coalition, as well as founder and chairman of Proof […]

Cardano-Powered DEX WingRiders Explains Importance of Direct Hardware Wallet Support

On Friday (May 6), Vacuumlabs, the Slovakian FinTech startup behind Cardano-powered DEX WingRiders, explained why its direct hardware wallet support means that it is able to offer safer trading than most other DEXes on Cardano. What is WingRiders? WingRiders is being developed by Vacuumlabs, which is “a software development company that builds modern full stack fintech […]

Number of Cardano ($ADA) Addresses Sets New Record of 5.2 Million

The number of addresses holding Cardano ($ADA) has kept on rising in April to a new all-time high of 5.2 million, even as activity on the cryptocurrency’s blockchain plunged. According to CryptoCompare’s latest Asset Report, the number of addresses holding ADA grew 2.99% last month to 5.2 million, partly thanks to an increase in the […]

Crypto Influencer Says Cardano Has ‘No Working DEX’, Charles Hoskinson Disagrees

On Thursday (May 5), crypto influencer Ran Neuner, who is the host of the YouTube show “Crypto Banter”, shocked the crypto community by claiming that “we don’t even have a working DEX on Cardano.” In a video (titled: “73% Of These Altcoins Will Go To Zero!”) released on his popular YouTube channel, Neuner looked at […]

$ADA: IOG Launches ‘Essential Cardano’ in Open Beta

On Thursday (May 5), “Essential Cardano”, the incredible new community-driven platform for Cardano that was previewed by IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), at the end of March, was launched in open beta. Here is how Morgan Schofield, Head of Ecosystem Growth at IOG, introduced Essential Cardano at the […]

$ADA: IOG Talking to Potential Clients About Launch of Its Cardano-Powered Product Authentication System

Cardano ($ADA) developer Input Output Global (IOG) is set to launch a product authentication system powered by the Cardano blockchain called Atala SCAN, which is set to allow consumers to verify supply chain information and a product’s authenticity. According to a blog post published by IOG, the solution to battle counterfeiters involved a smart seal […]

Why Some Cardano Fans Expect $ADA to ‘Run Like Crazy as Soon as Djed Goes Live’

Following FinTech startup COTI Group‘s announcement about the release of the public testnet version of Cardano-powered algorithmic stablecoin Djed, some Cardano fans (including a prominent $ADA whale) have started to explain why the mainnet launch of Djed could drive the $ADA price much higher. What Is Djed? On Sunday (September 26), day two of the two-day Cardano […]

Retail Interest in Cardano ($ADA) Is ‘Rapidly Rising’, Data Shows

Retail interest in Cardano ($ADA) is “rapidly increasing” as in the last 30 days addresses holding for less than 30 days – defined as traders on the blockchain – have increased their holdings by 186%. According to data from analytics firm IntoTheBlock, these trader addresses now collectively hold 36.14% of the cryptocurrency’s supply after heavily […]

Public Testnet for Cardano-Powered Decentralized Algorithmic Stablecoin Djed Goes Live

On Wednesday (May 4), FinTech startup COTI Group announced that the public testnet version of algorithmic stablecoin Djed (which is built on Cardano) is now available. What Is Djed? On Sunday (September 26), day two of the two-day Cardano Summit 2021, IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), and FinTech startup COTI Group, […]

Cardano ($ADA) Whales Reenter Accumulation Period After 7-Month Sell-off

Cardano ($ADA) whales started accumulating the cryptocurrency once again five weeks ago after selling off their holdings over a 7-month period that saw them dump a total of 1.7 billion ADA tokens on the market. According to on-chain analytics firm Santiment, over the last five weeks, Cardano whales have added 196 million ADA to their […]

$ADA: Fox Business Anchor Maria Bartiromo Calls Cardano ‘An Incredible Success Story’

On Tuesday (May 3), Maria Bartiromo, the anchor of “Mornings with Maria” on American cable TV channel Fox Business Network (FBN), interviewed Charles Hoskinson, a co-founder of both Ethereum and Cardano, to find out how Cardano solves real-world problems. Hoskinson, who is the co-founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for […]

$ADA: In April, Cardano’s Total Number of Transactions Increased by 8.5%

In this article, we look at how several important on-chain metrics — that give us an idea of the health of the Cardano network — performed in April 2022. Please note all the data and charts used in this article come from a Google Data Studio dashboard called “Cardano Blockchain Insights“. First, the total number […]

A Look at Top 3 Cardano-Powered DEXes and Their Use With a Ledger Hardware Wallet

This article provides an overview of the top three Cardano-powered decentralized exchanges (DEXes) by TVL (based on data from DeFi Llama), i.e. Minswap, WingRiders, and SundaeSwap. Crypto Hardware Manufacturer Ledger Improves Its Support for Cardano On Tuesday (April 26), Cardano founder Charles Hoskinson applauded French crypto hardware wallet manufacturer Ledger’s announcement about version 4.0.0 of […]

$ADA: On-Chain Analyst Finds Bullish Trend in Growth in Number of Cardano Whale Addresses

The number of Cardano wallets with over 10 million $ADA on the network is seemingly on the rise and has grown by 2.4% over the last weeks, showing large holders are accumulating the cryptocurrency even as its price falls. According to data shared by on-chain analyst Ali Martinez on social media, ADA whales have been […]

Coinbase Data Shows Stronger Accumulation Trends for $ADA and $SHIB Than Other Coins

Users on the Nasdaq-listed cryptocurrency exchange Coinbase have a median holding time for Cardano ($ADA) and Shiba Inu ($SHIB) of over 120 days, superior to most other cryptoassets on the platform. According to data showed on Coinbase’s price pages, Cardano’s ADA has a typical hold time of 121 days, meaning that ADA users on the […]

$ADA: IOG Working With Wanchain to Allow to ‘Become an EVM-Compatible Sidechain to Cardano’

Cardano ($ADA) developer Input Output is reportedly working with Wanchain, a blockchain interoperability solution, to allow it to become an Ethereum Virtual Machine (EVM) compatible network on Cardano, bringing added utility to the network. According to a press release, Input Output and Wanchain are collaborating “on enabling interoperability between the Cardano mainnet, Cardano sidechains, and […]

Cardano ($ADA), $XRP, and Dogecoin ($DOGE) Among South Korean Investors’ Largest Crypto Holdings

South Korean investors have been betting on a number of cryptoassets beyond the top two by market capitalization – Bitcoin ($BTC) and Ethereum ($ETH) – as their top holdings asl include Cardano ($ADA), $XRP, and the meme-inspired cryptocurrency Dogecoin ($DOGE). According to a study conducted by various leading South Korean cryptocurrency trading platforms, residents in […]

Cardano App for Ledger Hardware Wallets Adds Support for Smart Contracts, Ledger Live Support ‘Is in the Works’

On Tuesday (April 26), Cardano founder Charles Hoskinson applauded French crypto hardware wallet manufacturer Ledger’s announcement about version 4.0.0 of the Cardano app for Ledger wallets now being compatible with Cardano-powered smart contracts. Paris-headquartered Ledger was co-founded in 2014 by Eric Larchevêque, Nicolas Bacca, Joel Pobeda, and Thomas France. It currently makes three crypto hardware wallets: […]

Cardano ($ADA) Developer IOG Raises Network Block Size by 10% to ‘Increase Throughput and Dapp Performance’

Cardano ($ADA) developer Input Output has proposed increasing the network’s block size by 10% from 80 KB to 88 KB per block as the network load has been holding above the 80% mark in a bid to “increase throughput and DApp performance.” According to a series of tweets published by Input Output the move has […]

$ADA: Blockpass Partners With EMURGO To Offer On-Chain KYC Services for Cardano Ecosystem Projects

On Thursday (April 21), Blockpass, “a leading digital identity verification provider” announced that was partnering with EMURGO, “a founding entity of the Cardano blockchain and its official commercial arm.” Blockpass is “a unique, reusable digital identity solution for any organizations that participate in the regulated and increasingly remote business environment where trust needs to be […]

Cardano ($ADA) Founder Curious About Who Will Play Him in Upcoming Ridley Scott Movie About History of Ethereum

On Friday (April 22), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, took to Twitter to ask followers who should play his role in the upcoming film about the origin and development of Ethereum. As you may already know, in July 2020, […]

Crypto Traders ‘Itching’ for a Cardano ($ADA) Price Rally, Data Shows

Cryptocurrency traders are currently “itching” for a Cardano ($ADA) price rally, as their sentiment towards the cryptocurrency is now at a high that hadn’t been seen since mid-November when ADA was trading near the $2 mark. According to data from cryptocurrency analytics firm Santiment, Cardano’s price has risen slightly recently, but crowd sentiment toward the […]

Cardano Founder on ‘Side Effects’ of SingularityNET’s AGIX ERC-20 Converter Bridge

On Wednesday (April 20), Charles Hoskinson, Co-Founder and CEO of IO Global (aka “IOG”), the company responsible for Cardano’s research and development, warned of — in a tongue in cheek manner — the “side effects” of using SingularityNET’s recently-launched AGIX ERC-20 converter bridge. As you may already know, on Monday (April 18), the AGIX ERC-20 converter bridge went […]

Terra ($LUNA) Sees Market Cap Surpass That of Avalanche ($AVAX) and Cardano ($ADA)

Terra ($LUNA) has been seeing its market capitalization grow steadily over the last few months, to now be among the largest by market capitalization. Within the top 10, it recently surpassed Cardano ($ADA and Avalanche ($AVAX). According to available data, LUNA’s market capitalization is now standing at $33.5 billion after the cryptocurrency’s price rose nearly […]

Maladex: A Cardano-Powered Trading Platform for ‘Crypto, Indexes, Synthetics, Derivatives’

This article takes a look at Maladex, which according to its developers is an upcoming “research-driven” Cardano-powered decentralized exchange (DEX) that is aiming to be “a full-fledged trading platform… for crypto, indexes, synthetics, derivatives.” The information contained in this article comes from the Maladex website, the Malaxdex white paper, and conversation on Twitter between “ADA […]

Cardano ($ADA) Now Has Over 900 Projects Building on It, Input Output Reveals

The Cardano ($ADA) network now has over 900 projects building on it, according to its developer Input Output, which also shared a number of developments occurring on the cryptocurrency’s blockchain. These include the launch of an ERC-20 converter and the launch of WingRiders. According to a tweet Input Output shared with its over 250,000 followers […]

Cardano ($ADA) Network Adds 100,000 Wallets in a Month Amid ERC-20 Converter Tool Launch

The Cardano ($ADA) network has added around 100,000 new wallets in roughly a month at the time of the launch of its ERC-20 converter tool, which allows Ethereum tokens to be run on the Cardano blockchain. As first reported by Finbold, Cardano blockchain insights shared on Google’s Data Studio by the Cardano Fans Stake Pool show […]

$ADA: One Week After Launch, WingRiders Becomes 2nd Most Popular DEX on Cardano by TVL

Last Tuesday, the Cardano-powered decentralized exchange (DEX) that Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) had been “really looking forward to” in the past few months, launched on the Cardano mainnet. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions for startups, scale-ups and […]

Upcoming Cardano ($ADA) Powered NFT-Based Metaverse ‘Cardalonia’ Raises $420K

On Monday (April 18), the Estonian crypto startup that is developing upcoming Cardano-powered NFT-based play-to-earn (P2E) game Cardanlonia ($LONIA) announced that it has raised $420,000 in a pre-seed round. Here is how the Cardalonia team’s overview of the project: “Cardalonia is a medieval themed virtual world where players can create, own and trade their Gaming […]

Cardano ($ADA) Price Breaks Six-Month Losing Streak in March as Long-Term Holders Pile up

Last month, the price of Cardano’s native currency $ADA broke a six-month losing streak by ending the month with a positive return of 18.4%, at $1.19. The cryptocurrency’s price had been steadily dropping since hitting a new all-time high above $3.1 last year. According to CryptoCompare’s latest Asset Report, ADA’s price performance means it finished […]

82% of Cardano ($ADA) Addresses Are ‘Out of the Money’, Data Shows

With the price of Cardano’s native $ADA token below the $1 mark, 82% of the cryptocurrency’s holders are currently “out of the money.” The price of ADA has been steadily dropping ever since it hit a $3.1 all-time high in November 2021. According to data from cryptocurrency analytics startup IntoTheBlock, 82% of Cardano token holders […]

Cardano Founder: ‘Vasil’ Hard Fork Will Deliver ‘A Massive Performance Improvement’

On Tuesday (April 12), Charles Hoskinson, who is Co-Founder and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development, provided an update on various matters of interest to $ADA HODLers. He communicated this information in a video released on his YouTube channel yesterday. Because he had been away […]

$ADA’s Top Whales Back to Their ‘Largest Percentage of Supply Held in Two Years’

While the price of Cardano ($ADA) has been dropping amid a wider cryptocurrency market downturn that saw the space’s total market capitalization lose over $170 billion in value, its top whales have been accumulating it over time. According to data from on-chain analytics firm Santiment, while ADA is now down significantly from its all-time high […]

Cardano ($ADA) Wallets Grew 1,600% Since December 2020, Data Shows

The number of wallets holding Cardano’s native $ADA token has grown by 1,600% since December 2020, when there were 186,000 wallets on-chain holding the cryptocurrency. The number of wallets on the cryptocurrency’s network kept growing even as the total value locked (TVL) on its decentralized Finance (DeFi) protocols wanes. According to Cardano blockchain insights shared on Google’s […]

$ADA: DEX WingRiders Launches, Bringing USDC and USDT Stablecoins to Cardano Mainnet

On Tuesday (April 12), WingRiders, the Cardano-powered dentralized exchange (DEX) that Charles Hoskinson, Co-Founder and CEO of IO Global (IOG) had been “really looking forward to” in the past few months, has launched on the Cardano mainnet. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions […]

Snoop Dogg’s NFT Collection Launches on Cardano ($ADA) Features Unreleased Music and More

The non-fungible token (NFT) collection of American rapper Snoop Dogg has launched on the Cardano ($ADA) network. The collection, announced earlier this month, features “iconic collectibles,” “limited edition ‘pitches’” and unreleased music. According to a tweet shared by Clay Nation – an NFT project the rapper is collaborating with – the project has now been […]

On-Chain Data Suggests $ADA’s ‘Prospects Are Bright’ Amid Growing Demand, Says New Kraken Report

On-chain indicators are suggesting “prospects are bright” for Cardano’s native token $ADA as demand for it has been growing up. Data shows that ADA’s rising demand comes as its decentralized finance (DeFi) space grows and a general decline in demand is seen among other cryptoassets. According to Kraken’s March 2022 crypto on-chain digest, as first […]

Cardano’s ‘Innovation Engine’ Partners With Pan-African Business Incubator

Input Output Global’s Project Catalyst, dubbed Cardano’s “innovation engine,” has partnered with a pan-African business incubator called iceaddis to launch Ariob, an incubator scheme. According to an announcement, Ariob means a “collection o starts” in Ge’ez, an ancient Semitic language from Ethiopia. The partnership is set to enhance the growth of projects funded by Project […]

Avalanche ($AVAX) Founder: “I’m a Huge Admirer of Cardano’s Focus on Academic Research”

On Wednesday (April 6), Dr. Emin Gün Sirer, Co-Founder and CEO of Ava Labs, the Brooklyn-based startup behind Avalanche ($AVAX) expressed his admiration for smart contract platform Cardano’s peer review and formal verification based approach. His kind comments about Cardano were made when he replied to a tweet about an announcement Cardano Foundation made on April […]

Cardano ($ADA) Foundation Is Partnering With ‘One of the Leading Research Universities in Europe’

The Cardano Foundation, a non-profit organization custodian of the Cardano ($ADA) blockchain, has partnered with the Blockchain Center of the University of Zurich, “one of the leading research universities of Europe.” According to an announcement, the partnership is meant to explore the “development of blockchain education and research initiatives.” The Foundation is looking to establish […]

Cardano ($ADA) Network Added Over 500,000 Wallets Year-to-Date, Data Shows

The number of wallets created within the Cardano ($ADA) blockchain has grown by over 500,000 so far this year and surpassed the three million mark in early February. The rise in the number of wallets coincides with growing adoption of Cardano’s decentralized finance (DeFi) space. According to  Cardano blockchain insights shared on Google’s Data Studio […]

Snoop Dogg to Issue Unreleased Music as NFTs on Cardano ($ADA) Blockchain

American rapper Snoop Dogg is set to issue unreleased music as non-fungible tokens (NFTs) on the Cardano ($ADA) blockchain as part of a collaboration with Cardano-based platform Clay Nation. The collaboration will also involve “iconic collectibles” and “limited edition ‘pitches’.” In a video promoting an upcoming Twitter Spaces meeting between Snoop Dogg and Cardano founder […]

Cardano: ‘Mid Tier’ $ADA Hodlers Now Command Record-High Percentage of Total Supply

Cardano addresses with between $100 and $100,000 worth of the network’s native $ADA token have seen their percentage of the cryptocurrency’s supply rise to a new all-time high, at a time in which “whale tier” addresses hold an all-time low. According to on-chain analytics firm Santiment, Cardano addresses with less than $100 worth of ADA […]

IntoTheBlock on Cardano ‘Experiencing Increasing Institutional Demand’, $ADA Up 36.4% in 1 Month

On Tuesday (March 29), crypto analytics startup IntoTheBlock (ITB) commented on the increasing institutional appetite for Cardano’s $ADA token. ITB calls itself “an intelligence company that uses machine learning and statistical modeling to deliver actionable intelligence for crypto assets.” Here are a few insights about $ADA from ITB: 34% “in the money” (i.e. current price […]

Charles Hoskinson Calls Launch of Milkomeda C1 Mainnet ‘A Great Moment for Cardano’

The Milkomeda Foundation has announced the launch of Milkomeda C1, which “enables Ethereum dApps to be deployed in the Cardano ecosystem.” Blockchain startup dcSpark’s novel sidechain project — named “Milkomeda” — allows EVM-compatible smart contracts to be executed from the Cardano mainnet. Furthermore, the Milkomeda project promises in future to deliver interoperability between Cardano and other layer […]

Cardano Sidechain Project Set To Bring EVM Compatibility After Mainnet Launch

Blockchain startup dcSpark’s novel sidechain project (named “Milkomeda”), which will allow EVM-compatible smart contracts to be executed from the Cardano mainnet, is expected to have its mainnet launch today. Furthermore, the Milkomeda project promises in future to deliver interoperability between Cardano and other layer one (“L1)”) blockchains, such as Solana. This sounds great, right? But […]

Cardano ($ADA) Network Reaches New Milestone as Its Total Value Locked on DeFi Keeps Growing

The Cardano ($ADA) network has this week reached a new milestone when it comes to native tokens issued on top of it, at a time in which the total value locked on its decentralized finance (DeFi) applications keeps on growing. According to Morgan Schofield, Head of Ecosystem Growth at Cardano, the network has now issued […]

$ADA: Minswap Patches Vulnerability That Allowed Draining All Liquidity in Smart Contract

On Thursday (March 24), Cardano-powered decentralized exchange (DEX) Minswap announced that it had patched the “critical vulnerability that would allow someone to drain all the Liquidity in the Smart Contract.” What is Minswap? According to its white paper, Minswap is “an automated market-maker (AMM) decentralized exchange (DEX) on Cardano which supports multiple pricing functions for a single liquidity […]

Coinbase Adds Cardano ($ADA) to Its Staking Offering

Nasdaq-listed cryptocurrency exchange Coinbase (NASDAQ: COIN) has added Cardano ($ADA) to its staking offering, allowing users to earn a yield on their ADA holdings on the exchange by participating in the network’s Proof-of-Stake mechanism. According to an announcement published by Coinbase’s Senior Product Manager Rupmalini Sahu, the rollout is part of Coinbase’s plans to scale […]

Grayscale’s New Fund Includes Cardano ($ADA) and Solana ($SOL) as Top Holdings

Cryptocurrency asset manager Grayscale Investments has launched a new fund offering investors exposure to a variety of smart contract networks other than Ethereum ($ETH). The fund has Cardano ($ADA) and Solana ($SOL) as its top holdings. According to available data, the Grayscale Smart Contract Platform ex Ethereum Fund (GSCPxE) holds tokens of alternative smart contract […]

23 Cardano Pools Stake 1.5 Billion $ADA in 12 Hours, Metadata Points to Coinbase Subsidiary

A total of 23 new Cardano ($ADA) pools have staked about 1.5 billion ADA in the last 12 hours, in a move that increased the total supply of the cryptocurrency being staked to near 74%. The pools are seemingly linked to Coinbase subsidiary Bison Trails. According to Cardano staking pool analytics platform pool.pm, each staking […]

Cardano ($ADA) Transaction Volume Nears $70 Billion as TVL on Its DeFi Protocols Tops $400 Million

The transaction volume seen on the Cardano ($ADA) network has recently gotten close to the $70 billion mark, surpassing the volume seen on the Bitcoin ($BTC) and Ethereum ($ETH) networks. Cardano’s surging volumes come as the total value locked on its decentralized finance (DeFi) apps tops $400 million. According to data from Messari, Cardano’s daily transaction volume was […]

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