Cardano's ADA price remains pressured around $0.16 following the activation of the van Rossem hard fork, which upgraded the network to Protocol Version 11 with improvements to smart contracts and scalability preparations. Despite the technical upgrade, ADA has not seen a sustained price rally and continues to trade in a bearish pattern, with key resistance levels at $0.17 and $0.19 needing to be reclaimed for a trend reversal. Market indicators show mixed signals, with positive funding rates but a long-short ratio below one, reflecting cautious trader sentiment. The next moves depend on whether buyers can push ADA above $0.17 to challenge higher resistance and confirm momentum recovery.
Cardano plans to invest $19.2 million in the PRIME initiative to boost its DeFi total value locked (TVL) from $90 million to $200 million over 12 months by improving liquidity and DeFi products. The proposal includes audits, incentives, and marketing...
Cardano's price surged 9.3% to $0.176 following the activation of Protocol Version 11 via the Van Rossem hard fork, marking the first major upgrade fully ratified through on-chain governance. The upgrade introduced new smart contract features and sec...
The Midnight Foundation reported an attack on the Wanchain bridge that connects Cardano and BNB Chain, prompting several exchanges to freeze assets linked to the incident as a precaution. The exact details of the exploit, the attacker's identity, and...
Bitcoin surged past $66,000 following news that the US Clarity Act, which aims to clarify cryptocurrency regulations, is closer to becoming law. The legislation would distinguish cryptocurrencies as commodities or securities, providing clearer rules ...
Cardano is preparing for its next network upgrade called Van Rossum, tied to node version 11. ADA holders do not need to move or restake funds as balances and staking persist through the hard fork. The upgrade requires stake pool operators, exchanges...
