Cardano network celebrates significant milestone
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
Native support has specific advantages for developers: There is no need to create smart contracts to handle custom tokens, for example, which eliminates an additional layer of complexity and the possibility of manual errors because the ledger manages all token-related functionality., native tokens have reached 10 million with 120,576 token policies. Currently, network transactions have reached 90.8 million, while Plutus scripts are at 46,698.
The 50-day and 200-day simple moving averages have posed significant barriers to the rising trend of ADA since the beginning of April. Further conjecture over the short-term price trajectory of ADA is raised by a recent crossing that showed a death cross. The 50-day EMA serves as an immediate resistance level for ADA in the short term, which it must surpass to indicate a possible rally.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cardano Skyrockets $500 Million in Market Cap as ADA Price Shines GreenCardano's market cap surges half a billion dollars as ADA price goes green on CPI data release
Read more »
Cardano founder proposes Bitcoin Cash integration in X pollCardano founder Charles Hoskinson teased a hypothetical integration between Bitcoin Cash and Cardano on X.
Read more »
ETH vs. ADA: Is Cardano or Ethereum a Better Investment in 2024?Crypto Blog
Read more »
Cardano Creator Takes Dig at Bitcoin as ADA Makes It to Everest SoonerCardano founder Charles Hoskinson highlights ADA's earlier summiting of Everest, taking jab at Bitcoin
Read more »
Cardano Price Forecast: ADA's recent breakout could trigger 15% rallyCardano (ADA) price could be set for a 15% rally after the sharp 7% price increase seen on Monday, technical indicators and on-chain metrics show.
Read more »
'ADA Is Extremely Centralized': Justin Bons Slams Cardano, Community Strikes BackCryptocurrency expert Justin Bons claims Cardano (ADA) is highly centralized, sparking strong response from community
Read more »