Bitcoin price continues to find buyers on each dip, increasing the likelihood of a rally to $95,000.
Cardano (ADA) Crypto News

Cardano is a blockchain-based smart contract platform that aims to compete against similar platforms such as Ethereum, Tezos, and EOS, among others, through a more modular, layered protocol that runs on a proof-of-stake consensus algorithm called Ouroboros.
Identifying itself as a third-generation blockchain and cryptocurrency system following Bitcoin and Ethereum, Cardano’s development is quite different from its competitors in that it is heavily informed by theoretical, peer-reviewed research before implementation in software.
Its native cryptocurrency, ADA, is named after Ada Lovelace, a 19th-century writer and mathematician who has been referred to as the world’s first computer programmer.
Cardano’s development is backed by three companies: IOHK, a blockchain R&D company founded by Charles Hoskinson and Jeremy Wood; the Cardano Foundation, a nonprofit dedicated to Cardano adoption and development; and Emurgo, a venture capital firm based in Japan.
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The fund holds a diverse basket of cryptocurrencies, including altcoins such as ETH, SOL, ADA and XRP.
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Diminishing user activity and stiff upward resistance are driving Cardano’s prices lower today with bears focused on pulling ADA price down toward $0.51.
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Bitcoin falls to its range lows as a fresh round of US tariffs spook markets and raise investors’ inflation fears.
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In Cointelegraph’s latest video, we take a deep dive into Cardano’s native token fundamentals to determine whether it deserves the label of ‘zombie crypto’.
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