Cardano is a platform for maintaining the operations of Ada cryptocurrency. The platform is multilayered and gives the system the elasticity to be easily maintained and upgraded with a soft fork.

Cardano uses a Proof-of-Stake system, reducing the amount of electricity requirements and improving its scalability. The second feature of Cardano is its Recursive InterNetwork Architecture that allows for the existence of a subnetwork within a main network, which also makes it easier for a network to grow.

Cardano aims to become an “Internet of Blockchain,” making it possible for all cryptocurrencies to exist side by side and be converted from one to another without intermediaries. Cardano will also allow users to attach metadata to their transactions if they want to, making the network friendlier to banks and governments.

Price Analysis
A rally could be on the cards as Bitcoin continues to lead the market and a few altcoins attempt to form a higher low.
Price Analysis 06/12: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA
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Price Analysis
A few of the top performers of the past seven days are showing strength. This suggests that select cryptocurrencies can offer buying opportunities.
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Developed by the Cardano Foundation and Coti, the solution allows merchants to accept ADA payments with settlement in 35 fiat currencies.
Cardano’s Payment Gateway for Merchants Is Now Live
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Ethereum co-founder turned Cardano creator Charles Hoskinson said that he expects Bitcoin to be back over $10,000 and reach $100,000 in the future.
‘Crypto is Unstoppable’ — Bitcoin Will Hit $100K, Says Cardano Founder
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Price Analysis
Bitcoin’s bearish price action has led many traders to set their sights on altcoins and this week a handful of tokens added notable gains.
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Market Analysis
Bitcoin’s recent 42% rally may have prepared altcoins for a new upcycle.
Altcoins Prepare to Rally in the Shadow of Bitcoin’s Recent 42% Gain
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Ethereum co-founder turned Cardano creator Charles Hoskinson believes that if Bitcoin fails, the entire cryptocurrency industry could fail.
If Bitcoin Fails, Crypto Industry in for a Bad Time: Cardano Founder
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Market Analysis
Will the first signs of recovery in altcoins sustain or turn out to be a dead cat bounce? Let’s study the charts.
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