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Search results for September 2021

Crypto

Cardano may be repeating pattern seen before 2021 surge; analyst sees over 1,300 percent upside

An analysis says Cardano\'s ADA is showing a price pattern similar to the period ahead of the 2020-2021 bull market. Crypto analyst Javon Marks forecast ADA could rise to $2.90, implying about 1,490 percent upside from $0.1823, and said the move could extend into early 2028 if the cycle continues to resemble past market behavior. The report notes historical patterns do not guarantee future performance.

Crypto

Cardano to transfer control of core infrastructure to external teams

Cardano developer Input Output will transfer control of key blockchain infrastructure to external teams as part of efforts to decentralise the network. The handover covers the Haskell node, Plutus smart-contract platform, Daedalus wallet, Hydra scaling technology and developer relations. SevenLabs and TeraGon will take on parts of development, with the transition starting in August and running through 2027. The announcement comes as Cardano faces weak network activity and a sharp drop in ADA.

Crypto

Charles Hoskinson says Cardano could become world\'s top coin and overtake Bitcoin

Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) set a long-term success benchmark for ADA as securing the world’s leading blockchain status rather than a simple price rebound. He said the ecosystem’s ultimate goal is to build decentralised technology that can change the world and become the most advanced blockchain protocol. ADA is trading around $0.1441, down 95.34 percent from its 2021 peak of $3.10, and ranks 18th by market value.