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.

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."

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.

Coinbase Japan adds ADA support.