Tag: ADA

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Bitcoin and Ethereum Struggle to Recover Higher, Small Altcoins Rally

Bitcoin price started a downside correction below USD 66,000. BTC even declined below USD 65,000 to move into a short-term bearish zone. It is currently (11:47 UTC) back above USD 65,400 but is still showing bearish signs. Besides, most major altcoins are also trying to recover losses. ETH declined below USD 4,750 and it could…
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Bitcoin and Ethereum Correct, Altcoins Follow

Bitcoin price failed to stay above the USD 66,500 support level. BTC extended decline below the USD 65,500 support level and is currently (04:20 UTC) trading below USD 65,000. There is a risk of a move towards USD 63,200. Besides, most major altcoins are also moving lower. ETH started a downside correction below USD 4,650…
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Bitcoin and Ethereum Prepare For Next Move

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Solana secondary NFT sales reach half a billion in three months

CryptoSlam ranks Solana as the fourth-best NFT blockchain behind Ethereum, Ronin and Wax in terms of 24-hour sales volume. Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August. According to data from CryptoSlam, secondary sales of Solana NFTs have generated a total of roughly…
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Cardano prepares to scale with Hydra upgrade as network reaches 2M wallets

It’s been barely half a year since Cardano’s network hit the 1 million wallets mark. In a tweet posted by the Cardano Foundation on Monday, the number of Cardano (ADA) wallets has surpassed the 2 million mark. The network reached the previous milestone of 1 million ADA wallets on May 22, 2021. During that period,…
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Solana Moves Into 6th Largest Crypto Market Cap Position — SOL Valuation Targets Cardano’s Rank

The crypto asset solana has managed to capture more than 12% in gains during the last 24 hours and has recently positioned itself as the sixth-largest cryptocurrency market capitalization. The crypto asset’s overall market cap is around $62.2 billion, only 11% away from surpassing cardano’s market valuation at $69 million. Solana Takes the 6th Spot,…
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Cardano Slips to 5th-Largest Crypto Market Position — ADA Down 30% Since All-Time High Last Month

During the second week of October, bitcoin market values have maintained prices between $54K to $57K. Meanwhile, myriad alternative crypto assets have not yet seen the gains the leading crypto asset has enjoyed during the last two weeks. For instance, cardano used to be the third-largest crypto market in terms of valuation, but after losing…
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Over 2,300 Cardano Smart Contracts Are Waiting in Timelock, ADA Price Slides 20% Over 2 Weeks

Following the successful Alonzo hard fork, the Cardano network now has a large swathe of new smart contracts. However, developers must wait to use them as they are locked in a timelock contract. At the time of writing, metrics show an aggregate total of 2,352 smart contracts since the Alonzo upgrade was implemented. Cardano Has…
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200 smart contracts on Cardano… but there’s a catch

One third-party explorer puts the number of time-locked Cardano smart contracts over 2,000. More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on Monday — but there’s a catch.  As of now, the 200 smart contracts listed are in timelock and cannot be used by developers until…
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Bull flag breakout pushes Avalanche toward $80 as AVAX price hits another record high

The bullish setup emerges as traders raise their upside bets in smart contract protocols that rival Ethereum. Avalanche (AVAX) looks poised to hit $80 as per a classic technical pattern after hitting a new high of over $65 on Sept. 12. Dubbed as “Bull Flag,” the structure emerges as a brief sideways/downward trend following a…
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