Cardano faces criticism as a 'ghost chain' due to its low on-chain activity and the recent shutdown of its main blockchain explorer, TapTools. Despite fewer decentralized apps and transactions compared to Ethereum and Solana, Cardano's unique Extended Unspent Transaction Output (EUTXO) model batches transactions, which underestimates on-chain activity. Development activity remains strong, but market challenges and executive departures have raised concerns. The blockchain trilemma forces Layer 1 chains to make tradeoffs, and while Cardano's activity is lower, it still holds a distinct niche and is not simply a fading chain.
Korean crypto communities on Telegram are increasingly prioritizing risk management due to evolving corporate Bitcoin strategies and security concerns with Cardano's Yoroi wallet. Discussions highlight cautious monitoring of Strategy's Bitcoin holdin...
Charles Hoskinson, founder of Cardano, reaffirmed his optimistic outlook for the cryptocurrency industry, predicting massive growth and widespread adoption by 2030 despite recent setbacks for Cardano and its ADA token. He envisions a future where blo...
Cardano (ADA) has dropped below the key $0.19–$0.20 support level, now trading within a $0.14–$0.16 demand zone, signaling bearish momentum in the short term. Technical analyst Ali Charts notes a TD Sequential buy signal but warns of a potential bull...
Cardano's price has dropped to multi-month lows after failing to break above key resistance at $0.1903, continuing its downtrend. However, large investors (whales) are accumulating ADA tokens at these low levels, and 75% of derivatives traders hold l...
Strategy (MSTR) faces over $13 billion in unrealized losses on its bitcoin holdings, exceeding the market value of many well-known cryptocurrencies like dogecoin, Monero, Cardano, and Chainlink. This massive paper loss highlights the risks of concent...
