ADA Loses Position in Top 10 as Cardano Introduces Artificial Intelligence Tools
TL;DR Cardano’s ADA token drops out of the top 10 cryptocurrencies after a monthly decline exceeding 30%. Bitcoin Cash now holds the tenth position, with ADA
CardanoĀ is aĀ decentralized blockchain platformĀ and cryptocurrency created in 2017. Its native cryptocurrency,Ā ADA, is used for transactions and as a store of value.
Cardano aims to offer a more secure and sustainable blockchain ecosystemĀ through its use of a proof-of-stake consensus algorithm, which requires less energy than traditional proof-of-work algorithms.
Cardano’s development is driven by a scientific approach, with a focus onĀ academic researchĀ and peer-reviewed papers. Its goal is to create a scalable andĀ interoperable blockchainĀ that can support a wide range ofĀ decentralized applicationsĀ and use cases.
Cardano’s team has also created a uniqueĀ governance modelĀ that allows stakeholders to vote on proposed changes to the network, ensuring a more democratic and decentralized decision-making process.
TL;DR Cardano’s ADA token drops out of the top 10 cryptocurrencies after a monthly decline exceeding 30%. Bitcoin Cash now holds the tenth position, with ADA

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