The Cardano blockchain ecosystem and decentralized platform have been experiencing a high percentage of load pressure, which has raised concerns from the blockchain community. Additionally, the native token ADA has struggled to record significant gains in the cryptocurrency markets. A recent report by the co-founder of dcSpark and Cardano contributor, Sebastien Guillemot, highlighted that the Cardano blockchain network is currently at a 94% load, with only 6% left until it reaches max capacity. This could result in longer wait times for transactions and even user transactions not making it to the blockchain. Guillemot suggested several ways to scale the blockchain and reduce load pressure, including increasing block sizes and migrating more decentralized applications to Plutus V2.

Blockchain technology firm Input Output Global (IOG), one of the builders behind the Cardano (ADA) blockchain, announced that Anthony Day, former blockchain leader at Deloitte, is set to spearhead the go-to-market strategy for their latest initiative, the Midnight project.

Cardano’s transaction volume surges to new highs not recorded in past months as the wider market also witnesses improved activity. ADA’s price plunged further after losing its stance going below the $0.4 mark in May, trading at $0.38.

Bears often point to Cardano’s still very low trade value locked (TVL) within its Decentralized Finance (DeFi) ecosystem and refer to its as a “ghost chain” given its low daily transaction count.

Coinbase, one of the world’s leading cryptocurrency exchanges, recently mentioned Cardano as a “heterogeneous crypto network” in a job opening that has stirred up speculation among crypto enthusiasts.

Coinbase has listed Cardano (ADA) as one of the "heterogeneous cryptocurrency networks" in a job opening for a Staff Blockchain Engineer, causing excitement among investors. The job listing says that Coinbase Wallet-as-a-Service (WaaS) will enable developers to interact with networks like Bitcoin, Ethereum, and Cardano in a secure way. Cardano's blockchain is known for its scalability, security, and sustainability, and its unique Proof-of-Stake consensus mechanism has made it popular among investors and developers.

The latest update on Cardano’s ($ADA) network statistics is out, highlighting positive progress made by the platform.

Cardano's transaction volume has surged despite a turbulent start to the year for its native cryptocurrency, ADA. The transaction volume has been steadily increasing this year and has remained stable despite price fluctuations.

Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%.

Cardano (ADA) coin has captured the interest of investors and holders with its recent price drop below the $0.40 mark on April 25. This notable price dip left everyone wondering if Cardano (ADA) will break this barrier, which has proven significant in recent trading sessions.