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Tag: Hydra

Is the GOAT of Call of Duty Done?

For the first time in a decade. The GOAT of Call of Duty will most likely not be competing at the COD Championship this...

Best Cryptocurrencies to Stake in 2022

Cryptocurrencies offer plenty of opportunities to earn money. You can mine, trade, or even invest in coins to make a profit. These are not...

Cardano Finally Gaining Massive Traction As Upcoming Hydra Upgrade Proves To Be A Game-Changer For ADA

Australia Issues Caveat As 0.6 Million Citizens Lead Global Cardano Ownership
Despite a harsh couple of months, ADA is now going strong with a vigorous community, and with good reasons.

Cardano (ADA) Attains 9th Position in Market Valuation During Ecosystem Inflows

With a market valuation of $28.68 billion, Cardano (ADA) has claimed the 9th position in cryptocurrency market capitalization, surpassing Avalanche (AVAX). Despite recent inflows into its ecosystem, the coin beat Avalanche’s $22.28 billion to attain the title of 9th largest coin. As the value of Cardano’s ecosystem has skyrocketed, so too have funds flowing into it. From roughly $1.7 million in mid-January to a present-day total value locked (TVL) up at just under $315 million – or a 18420% increase. The Cardano team has entered the third phase of its construction, a process known as Basho, the Cardano’s next era after Alonzo. Cardano plans to release Hydra, a collection of Layer 2 solutions, as part of this phase. In this stage, Basho will update Cardano’s security and scalability. Related Reading | Cardano Based Project Bashoswap Introduces Launchpad and DEX The first Hydra Heads have opened on the public Cardano testnet, and it is an exciting moment for this scaling journey. As a result, the protocol can be vital in ensuring that there are no problems along the way towards becoming a fully decentralized network. Cardano Price Action And Ecosystem Inflows The Cardano ecosystem is booming with new funds, attracting nearly $150 million in March alone. With the surge of total value locked at over $314.87 million from roughly $168.95 million, big things are expected for this crypto project. Cardano’s TVL has increased by more than 80% in just two weeks. And It is currently worth $225.9 million without including staked governance assets. The increase was noted on February 28th through March 16th, when the number rose from $150 million to $314.87 million. The Cardano Minswap has seen a surge in total value locked (TVL) over the last week, with 121% more locked up than before. Cardano Minswap became the most significant protocol by flipping the SundaeSwap. The majority of funds on this network now reside at its Minswap decentralized platform–with $115 million currently locked.  Even as Cardano (ADA) continues to progress, the price has failed to catch up. The coin has been on a downward journey after reaching its ATH at $3.10 in September 2021. Related Reading | TA: Bitcoin Holds Uptrend Support, What Could Trigger Sharp Decline The Cardano price has fallen nearly 75% from its all-time high of $3.10 and currently trading at $0.85 per coin. However, $0.85 remains a vital resistance point. Because if investors can stay above that price level, they’ll see their investment rise towards testing another crucial milestone of $0.9.  Although, Cardano is still a long way from returning to its former price of $1. As investor sentiment remains negative and the current market favors sellers. Featured image from Pixabay, chart from Tradingview.com

Amid Underwhelming Cardano Price, Hoskinson Predicts Huge TVL Boost As Trezor Suite Adds Support For $ADA

Cardano Ousts Bitcoin, Ethereum To Become Network With The Most Transaction Activity
Cardano (ADA) has recently been underperforming in price, leaving adherents expectant for a market-driving catalyst.

Cardano’s Total Value Locked Soars by $188M to New High

Cardano’s Total Value Locked Soars by $188M to New HighThe total value locked (TVL) on the Cardano network has soared past $270 million since the beginning of the year. ...

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The Fight Against the Hydra: New DDoS Report from Link11

Complexity and number of attacks increased again.

SundaeSwap: Decentralized Finance on Cardano

The time has finally come for the highly anticipated and long-awaited SundaeSwap DEX on the Cardano network. There is no question that DEXs such as Uniswap, SushiSwap and QuickSwap have changed the financial landscape and completely redesigned what was once thought impossible in a financial ecosystem. Decentralized Finance (DeFi) is growing at breakneck speeds and is enjoying rapid rates of global adoption as more […]

The post SundaeSwap: Decentralized Finance on Cardano appeared first on Coin Bureau.

Cardano In The ‘Very Final Stages’ Of Its First Major Code Drop For 2022 Amid Expectations “To Grow Even More”

ADA Ecosystem Sees Huge Boost As First Decentralized Exchange On Cardano Finally Goes Live
Upgrades that are in the offing include key elements of the scaling plan like pipelining, new Plutus CIPs, UTXO on-disk storage, and Hydra. These combined with further parameter adjustments will increase throughput and optimize the blockchain.

Famous Social Media Marketing Mogul NFTs Hits A Snag After Rug-Pulling Claims

Here’s How NFTs Are Playing Their Part In The Russian-Ukrainian Conflict
Upgrades that are in the offing include key elements of the scaling plan like pipelining, new Plutus CIPs, UTXO on-disk storage, and Hydra. These combined with further parameter adjustments will increase throughput and optimize the blockchain.

Faith Through VR: Would You Go To A Metaverse Church?

Faith Through VR: Would You Go To A Metaverse Church?
Upgrades that are in the offing include key elements of the scaling plan like pipelining, new Plutus CIPs, UTXO on-disk storage, and Hydra. These combined with further parameter adjustments will increase throughput and optimize the blockchain.

CoD: CDL Major 1 Day 2 Recap

Here’s a recap of all the action from the CDL Major 1 Day 2. The first Major of the 2022…

The post CoD: CDL Major 1 Day 2 Recap appeared first on Esports News Network | ESTNN.

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