On-Chain Data Shows 4M ADA Sold by Whales Amid Market Weakness
TL;DR: Cardano whales sold 4M ADA in a week, signaling market caution. On-chain activity and TVL show notable declines across the network. ADA struggles to find
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 whales sold 4M ADA in a week, signaling market caution. On-chain activity and TVL show notable declines across the network. ADA struggles to find

Charles Hoskinson, founder of Cardano, criticized the ADA community for failing to adopt its DeFi platforms, claiming the ecosystem ācould have a TVL between $5 billion

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TL;DR Cardano is accelerating worldwide adoption with institutional partnerships across Europe and Latin America and is preparing a high-profile summit in Berlin for 2025. The foundation

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Charles Hoskinson, founder of Cardano, recently shared a message that has excited ADA holders about the direction of the ecosystem. According to Hoskinson, the network is
TL;DR Retail sentiment around Cardano has sunk to a five-month low, despite ADA showing signs of stability around $0.8280. Meanwhile, whales are accumulating at discounted levels,
TL;DR Charles Hoskinson called for the shutdown of the Cardano Foundation after accusations of a $600 million ADA misappropriation, though an independent audit cleared him. The
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