Santiment States Two On-Chain Metrics That Show Cardano (ADA) Is Undervalued
Just like many other crypto assets, ADA, the native token of the popular smart contract platform, Cardano, has greatly underperformed this year despite the execution of the critical Vasil upgrade. Notably, data show that ADA is down 81.99% in the last 12 months and is currently trading for $0.2524 per coin, at the time of writing.
Metrics Suggest Cardano Is In Undervalued Territories As Accumulation Surges
Santiment recently shared charts revealing a massive surge in ADA accumulation and exhaustion of sellers.
Cardano Sharks Scoop Up $83M Worth of ADA Even As Price Continues to Head South
Cardano sharks seem to be splurging more money towards ADA at current discounted prices. According to on-chain and social metrics platform Santiment, ADA key shark addresses now hold 4 billion ADA after accumulating 331M more since the FTX implosion. Sharks for this particular cryptocurrency as addresses which hold 10,000-100,000 ADA.
$ADA: COTI CEO on the Exciting Launch Plan for Stablecoin ‘Djed’
In a recent interview, Shahaf Bar-Geffen, the CEO of FinTech startup COTI Group, the issuer of algorithmic stablecoin Djed (which is built on Cardano), talked about the upcoming launch of the eagerly anticipated project.
Cardano Founder Throws a Jab at Buterin, Who Opines on Search for New Twitter CEO
Cardano founder Charles Hoskinson threw a perceived subliminal jab at fellow Ethereum co-founder Vitalik Buterin in a tweet yesterday after the latter offered his view on the search for a new Twitter boss.
How-To Stake ADA Using Ledger Hardware Wallet
In this guide, I will show you how to stake Cardano ADA on your Ledger hardware wallet in 9 simple steps. Includes images for every step.
“Not a Single Mention of Cardano, Pretty Low,” Says Hoskinson on Coinbase’s 2023 Market Outlook Report
Charles Hoskinson, Cardano’s co-founder and CEO of IOHK, has taken a swipe at Coinbase for leaving Cardano out in its “2023 Crypto Market Outlook” report to institutional clients.
NFT Marketplace JPG Store Enables Purchases with ETH and SOL
JPG Store, the largest NFT marketplace on the Cardano blockchain, has enabled a feature that will allow users to purchase Cardano NFTs using Ethereum (ETH) and Solana (SOL) through a collaboration with San Francisco-based NFT platform Winter. Winter allows users to sell NFTs through credit cards.
Cardano’s Hoskinson Says, “XRP Provides No Partnership or Technical Value”
The founder of Cardano has made some notable comments, denoting his thoughts on the Ripple network and its native token, XRP. In a response tweet to being called out for distancing himself from the Ripple community, he set the record straight on his views about Ripple.
Hoskinson Says Cardano Is Now a “Zombie Chain”
Hoskinson reacts to CoinDesk’s negative 2023 prediction for Cardano.
