Cardano (ADA) Price Latest Update Today (5/31): The price of Cardano (ADA) crypto token jumped by over 30 percent from $0.5167 to $0.6744 between 2.44 pm on Monday and 11 am on Tuesday. At the time of writing, Cardano was trading at $6474, 24.32 percent higher compared to its price 24 hours earlier, according to data on CoinMarketCap.

What Happened: The “Kiss” frontman revealed on Twitter on Thursday that he had purchased $300,000 worth of ADA because he believes “it’s going up.”

Following an impressive price display from Cardano (ADA) cryptocurrency, the acclaimed first scientific research-backed cryptocurrency has gotten an applaud from popular crypto rating Weiss.

Following weeks of anticipation fueled by numerous interviews that analyzed its potential, new Shelley formal specifications were revealed. The new project’s goal...

Cardano (ADA) the decentralized blockchain platform is one of the most popular blockchain project out there with a reputation of possessing a research-driven appr...

The development team behind Cardano is working on the next Daedalus update. Cardano ecosystem’s new partnerships are likely to boost the utility for ADA.

the development could have a huge impact on cardano and cryptocurrencies in general

After a long three year wait, the Cardano development team finally launched the Shelley network following a successful hard fork from the Byron mainnet. The upgrade includes several new features, including new staking pools and a new user=delegation platform, starting Cardano’s journey to full network decentralization.

The price of Cardano ADA was bleeding out almost throughout last week. Even as the Bitcoin bull run started and the price of BTC recorded incredible gains, Cardano was recording loses against the USD per our previous Cardano news. It wasn’t until this morning that the price of Cardano ADA started rising significantly against the USD. It was trading at a similar pace with Litecoin, Bitcoin Cash, and EOS with double digit gains. Now, a new Cardano price prediction 2020 has emerged and it places the price of Cardano ADA at $20 by the end of 2020. The analyst also gave a Cardano price prediction 2019 that places the price of ADA above $1.32 by the end of the year.

An excited Charles Hoskinson has officially confirmed the beginning of the Shelley era. This comes after five years of hard work following the launch of Byron. Shelley marks Cardano’s decentralization. Its launch was a fully managed and meticulously executed hard fork with thorough checks for a smooth, hitch-free transition. And it happened on July 29, 2020, at exactly 21:44:51 UTC facilitated by IOHK’s hard fork Combinator.

After a strong decline, cardano price found support above the $0.0850 level against the US Dollar. The ADA/USD pair formed a support base and recently started a decent increase above the $0.0900 level.

Justin Bons, founder and CIO of Cyber Capital, shares his opinion on core focuses for Cardano (ADA) scaling

Cardano (ADA) enthusiast Dave Beaumont demonstrates pioneering static website on second largest PoS network

Cardano (ADA) has been experiencing a persistent downside trend since the start of 2023; the selling pressure has increased in the past week. However, network development continues to grow and could hint at a reversal for the cryptocurrency.

Crypto asset management firm CoinShares says that institutional investors are taking an interest in Cardano (ADA) as the broader crypto markets show signs of recovery.

Cryptocurrencies are writhing under a strong bearish sentiment over the last couple of months. Cardano (ADA) appears to be one of the hardest hits of the lot with the project’s founder stating that “no announcement makes a difference”.