Cardano (ADA), the world’s 11th largest digital coin by market capitalization, has been making great strides recently, both price-wise and fundamentally. The upcoming hard fork and some interesting partnerships may further boost the ADA price.

EMURGO, the official commercial arm of Cardano (ADA) has set up a strategic blockchain taskforce with Uzbekistan’s National Agency of Project Management (NAPM), the KOBEA group, a technology consulting company, and Infinity Blockchain Holdings, an investment firm. EMURGO will lead the development of a legal framework for security token offerings (STOs) and security token trading (STX) in the Central Asian country, according to a blog post on January 20, 2020.

Cardano (ADA), one of the more popular cryptocurrency projects that’s working on developing smart contracts (similar to Ethereum) is working with the Republic of Uzbekistan and its government to build a “blockchain task force,” according to a press release. Other groups, such as the National Agency of Project Management (NAPM) under the government there are participating as well.

The Cardano Foundation is excited about upcoming research. The company believes it will benefit from its results and is ready to share its details with the community.

The Cardano Foundation is making significant strides to push forward the adoption of its native cryptocurrency. The non-profit organization has set up a new release cadence, with new updates and releases expected every week that are meant to improve the network.

Mamuka Bakhtadze, former Prime Minister of Georgia, was recently at Davos and participated in the Blockchain Economic Forum. He confirmed that the country was piloting an education concept on Cardano (ADA).

IOHK CEO and creator of Cardano (ADA), Charles Hoskinson, says IOHK has sent an official request to the Cardano Foundation’s board to have a clear, concise Africa and Japan strategy.

Prominent crypto analyst and former senior analyst at eToro, Mati Greenspan claims that IOTA and Cardano (ADA) are two years away from reaching their projected goals. Greenspan revealed this while replying to a tweet from a user who asked about his opinion on the two coins. Cardano is considered as one of the remarkable projects within the blockchain ecosystem. Cardano is held as one of the major projects in the crypto space regardless of the delay in the release of its highly anticipated Shelley mainnet.

Cardano, at the time of writing, was trading at $0.0331. In the last trading month of the previous year, ADA coin has shown two extremities at $0.0421 and $0.0304. The current trading scenario of the coin is such that it has been moving in a stated price range, facing rejection above $0.0355.

Considering real-world negative interest rates, the Cardano Protocol Staking interest rates are fabulous. And, this is one reason why many people believe and follow it. Several people are interested in cryptocurrencies, particularly the Defi. The newer possibilities with the main net are much awaited. The year 2020 is expected to be impactful for Cardano.

Cardano (ADA), at the time of writing this analysis, was trading at $0.0409. Remarkably, the coin has hit a fresh 30-day high at $0.0439 after bottoming out at $0.0304 in the previous month. This intraday boost has given a push to the trading volume and market cap figures of ADA as well. This steep rise is readily supported by all the daily moving averages. Currently, the price of the coin is correcting downwards from the newest high hit after November 18, 2019.

Cardano’s last seven days have been moderately bullish with a gain of 9.62%. It currently trades at $0.035709. There have been three significant price variations in the ADA’s price changing pattern of last week.

Near the top of the Bitcoin bull market in 2018, Cardano (ADA) was dominating. Everything. Aside from a few select altcoins in Ethereum, XRP, and BCH, ADA was at the top of the market, rallying on a seemingly strong team and the promise of Cardano becoming the next leading blockchain that could service everything and everyone.

In a recent interview with Hacker Noon, Cardano’s Charles Hoskinson spoke on many topics, including the leading cryptocurrency, IOHK, blockchain security and Ethereum.

Cardano’s ADA is showing promising signs of a near-term breakout to the upside, as the bulls push for a recovery. The price, like much of the market, had fallen victim to some harsh selling which had commenced in June. ADA/USDT was trading up at heights of $0.10000, before entering a stubborn bear market. It had made strong progress from the start of 2019, having been at depressed levels of $0.00300. However, ADA has since returned to the pre-2019 bull run levels.

Cardano price movement has been amazing since the beginning of this year. The coin was spotted going above the 30-days high. However, from yesterday, the price has started trading downwards. Today, the ADA coin has taken a steep fall and brought the price to $0.040.

In a development made available by Cardano’s Yoroi Wallet, a new version of Yoroi Extension is now available. According to Yoroi Wallet, this new version (2.3.0) comes with necessary improvements and new features to enhance better results in the ongoing stake pool.

Cardano’s ADA is running with decent upside momentum, following a critical descending trend line breach. The price was being capped by this resistance which had been in play since 19 September.

Cardano (ADA) displayed price variation and jacked up by 2.04; the price further went higher by 2.57%. There are no further hikes expected; however, price resistance is at 0.034852 USD. With no Ultra Bullish trends, the currency would not fall to a sluggish area anymore.

In a recent interview with Hacker Noon, Cardano’s Charles Hoskinson spoke on many topics, including the leading cryptocurrency, IOHK, blockchain security and Ethereum.