Cardano and Injective have connected through the Inter-Blockchain Communication (IBC) protocol on testnet, allowing ADA and INJ tokens to be transferred between the two ecosystems for the first time. This integration enables direct chain-to-chain communication without third-party bridges, overcoming architectural differences between Cardano and Cosmos-based Injective. The testnet launch follows two years of development and an internal audit, with plans to extend the functionality to mainnet and broader Cosmos ecosystem integration. While this has no immediate impact on token holders, it addresses Cardano's interoperability limitations and could foster more complex cross-chain applications in the future.
Cardano's ADA cryptocurrency token increased by 3.01% within one hour, reaching $0.2529 as of September 28, 8:22 a.m. ET. This rise came despite ADA being down 1.60% compared to its price 24 hours earlier. During the same hour, short position liquida...
Cardano (ADA) increased by 11.5% over the past week, trading near $0.25 with resistance at $0.26. The token's market cap is about $9.52 billion, and technical indicators show mixed momentum, with RSI above neutral but MACD signaling slowing upward mo...
Cardano (ADA) fell 2.04% in the last 24 hours, influenced by Bitcoin's retracement near $84,000 and resistance around $0.26. Despite this, ADA retains a strong 6.89% gain over the past week, supported by steady buying pressure and bullish momentum in...
Cardano (ADA) price remains just under the $0.26 resistance after an 11.5% weekly rise, showing signs of consolidation. Futures market data presents mixed signals with a low long-to-short ratio suggesting bearish sentiment, while positive funding rat...
Cardano (ADA) traded near $0.253 on September 28, maintaining a position above $0.25. Technical analysis indicates resistance at $0.26 and potential support around $0.20. A break above $0.26 could lead ADA to test $0.27 and $0.30, while a drop below ...
