An artificial intelligence-based price prediction model is suggesting that the price of Cardano’s native token $ADA is going to surge to trade at $0.42 by the e of this year, representing a 35% increase from the cryptocurrency’s current price.

Cardano had the highest GitHub development activity for any chain in November, as it tops the latest monthly list.

Speaking at the <i>Financial Times</i> Crypto and Digital Assets Summit,&nbsp;<a href="https://decrypt.co/resources/cardano" target="_blank">Cardano</a>&nbsp;founder Charles Hoskinson&nbsp;said that the crypto industry “has never been stronger in terms of its offerings to the tradfi [traditional finance] marketplace and to the world as a whole,” but that recent collapses such as FTX have demonstrated the need for decentralization and proof of reserves.

According to recent data, projects on the Cosmos ecosystem surpassed that of Cardano by a small margin. Cosmos, with 603 commits, currently trails only behind Ethereum, with 806 commits.

The Cardano (ADA) price shows mixed signs on different time frames. Whether it bounces or breaks down from the $0.30 level could determine the future price trend.

Since the introduction of the smart contracts feature on the Cardano (ADA) network, the metric is recording increased growth helping the network inch closer to battling established platforms such as Ethereum (ETH).

The Cardano blockchain has reached a new milestone as it now has 7 million native tokens. According to pool.pm data, the number of native assets minted on the Cardano blockchain is now 7,055,456 across 65,652 distinct minting policies.

Ethereum (ETH) co-founder Charles Hoskinson is addressing the issue concerning Ardana, a Cardano-based stablecoin project that recently halted operations.

As of Friday (25 November 2022), there are 1,146 projects powered by Cardano, but that’s just the tip of the iceberg as far as good news you will hearing about in this article is concerned.

Hoskinson comments on Ardana and Orbis incident.

According to data from <a href="https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B">Cardano Blockchain Insights</a>, the number of Cardano wallets has recently&nbsp;<a href="https://finbold.com/cardano-adds-over-100000-wallets-in-november-despite-ftx-debacle/">grown</a> by over 100,000, going from around 3.633 million at the beginning of the month, to over 3.73 million at the time of writing.

Cardano (<a href="https://finbold.com/guide/how-to-buy-cardano/">ADA</a>) founder Charles Hoskinson has warned of an impending decentralized sector identity war as the <a href="https://finbold.com/cryptocurrencies">crypto sector</a> moves towards mass adoption.&nbsp;

Cardano blockchain has made quite a name for itself with all that’s been happening in the crypto industry.

Shortly after the introduction of the confidentiality platform Midnight at last week’s IO ScotFest event in Edunburgh, Scotland, IOG Co-Founder and CEO Charles Hoskinson explained why <a href="https://midnight.iohk.io/">Midnight</a> handles disclosure at the DApp level, not the protocol level.

On Nov. 24, Ardana, a leading decentralized finance (DeFi) and stablecoin ecosystem building on Cardano (ADA), abruptly <a href="https://twitter.com/ArdanaProject/status/1595594077260709888" target="_blank">halted</a> development, citing "funding and project timeline uncertainty." The project will remain open-source for builders while treasury balances and remaining funds will be held by Ardana Labs "until another competent dev team in the community comes forward to continue our work."

Ardana, a decentralized ecosystem on Cardano, has halted its development, much to the dismay of the crypto community. The project tweeted on Nov. 24 that “recent developments with regards to funding and project timeline uncertainty” were the reasons behind the halt. It did note that the code would remain open source and that others could build upon it if they wished.

After Input Output Global (IOG) announced the launch of the world’s first blockchain decentralization index, the builder of the cryptocurrency Cardano (ADA) has informed the public about the new resource section for Plutus DApp developers.

Hoskinson says VCs prefer to deploy capital into FTX and Terra than Cardano.

The cryptocurrency market continues to wade through the murky red waters of a bearish trend – made worse by the collapse of FTX. Despite the negative market mood, ADA has so far held well against the rest of the market, down only 0.6% in the past 24 hours.

Coinbase Japan adds ADA support.