These are the alternative crypto assets that have outperformed the rest of the market including Bitcoin in the past week as the DeFi craze gains steam.
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.
As Bitcoin corrected on July 9, altcoin prices dropped but many are holding above their support levels, suggesting the uptrend will resume.8890
The Cardano Foundation has warned that a suspicious firm is trying to rake in investments by claiming contact with the foundation.7168
Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins.14119
The price of Cardano (ADA) increased by 85% in 10 days, officially surpassing Bitcoin SV to become the sixth-biggest cryptocurrency by market cap.21666
Cardano’s ADA may have passed Bitcoin Satoshi Vision in market capitalization, the caveat is how should treasury coins be qualified.7135
Cardano's founder wants to posse up with Litecoin's founder.11617
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal.17461
This Eastern European proof-of-stake upstart believes it has better technology than Cardano, EOS, & Algorand.9741
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.16729
Cardano’s ADA may be listed on Coinbase by the end of 2020. This comes on the heels of the announcement that ADA holders will be able to stake their assets locked in the exchange’s vault.17684
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips.20643
Cardano launches Shelly mainnet two days before Virtual Summit.10881
Bitcoin's price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins.19096
Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200.18059