{"id":527574,"date":"2023-04-19T13:45:34","date_gmt":"2023-04-19T13:45:34","guid":{"rendered":"https:\/\/uniquehot.com\/?p=527574"},"modified":"2023-04-19T13:46:25","modified_gmt":"2023-04-19T13:46:25","slug":"ada-rallies-10-on-cardano-annual-report","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ada-rallies-10-on-cardano-annual-report\/","title":{"rendered":"ADA 10% Rally Coincides With Cardano Foundation’s Annual Report"},"content":{"rendered":"

As ADA price experiences a notable surge, the Cardano Foundation has released its first-ever yearly report, highlighting the ecosystem’s impressive updates and developments.<\/span><\/p>\n

With both technical innovations and market momentum on its side, Cardano’s ADA is emerging as a strong contender in the highly-stacked world of cryptocurrencies.<\/span><\/p>\n

Will its current upward trajectory continue, or is a market correction on the horizon?\u00a0<\/span><\/p>\n

Related Reading: OKB Tallies 24% Increase But Active Addresses Fail To Keep Pace \u2013 Here\u2019s Why<\/a><\/div>\n

Cardano 1st Annual Report: Network Achievements Amidst ADA Growth<\/span><\/h2>\n

In the midst of market volatility, Cardano’s ADA has proven to be a reliable contender in the world of cryptocurrencies, showing a consistent climb in its value. <\/span><\/p>\n

Based on numbers by <\/span>Coingecko<\/span><\/a>, the current price of ADA is at $0.437146, with a 0.5% surge in the last 24 hours and an impressive 10% increase over the past week.<\/span><\/p>\n

But the growth of ADA is not the only noteworthy development in the Cardano network. On April 18, the Cardano Foundation announced on <\/span>Twitter<\/span><\/a> the release of its first-ever annual report, highlighting the many achievements made by the network over the past year.\u00a0<\/span><\/p>\n

\n

\ud83d\udce3 Today we launch our FIRST EVER Annual Report! \ud83c\udf8a<\/p>\n

Discover key 2022 achievements and see how they fit along the Foundation’s core focus areas of:<\/p>\n

\u27a1\ufe0f Operational Resilience
\n\u27a1\ufe0f Education
\n\u27a1\ufe0f Adoption#CFAnnualReport2022<\/a> #CardanoFoundation<\/a>
\n\ud83d\udc47\ud83d\udc47\ud83d\udc47https:\/\/t.co\/lVrOsvXm21<\/a><\/p>\n

\u2014 Cardano Foundation (@Cardano_CF) April 18, 2023<\/a><\/p><\/blockquote>\n

Among these milestones are the nearly 4 million ADA wallets by the end of 2022 and a total of 7.4 million assets mined. As ADA continues to garner attention from investors and traders worldwide, the Cardano ecosystem shows no signs of slowing down in its pursuit of innovation and sustainability.<\/span><\/p>\n

ADA TVL Witnesses Gradual Growth<\/span><\/h2>\n

ADA continues to show signs of steady progress in the volatile world of cryptocurrencies. According to recent data, <\/span>ADA’s Total Value Locked<\/span><\/a> (TVL) stood at $162 million as of 18th of April, indicating gradual growth despite not reaching its all-time high.<\/span><\/p>\n

\"\"<\/p>\n

Source: Defillama<\/pre>\n
Furthermore, development on the Cardano network has seen a slight increase, according to intelligence platform Santiment. This suggests that the chain is making steady progress toward its goal of becoming a sustainable and scalable blockchain ecosystem.<\/span><\/p>\n
<\/p>\n
ADA total market cap at $14.5 billion on the daily chart at TradingView.com<\/a><\/pre>\n
Related Reading: Binance Coin (BNB) Rallies 8% Ahead Of Hard Fork Upgrade<\/a><\/div>\n
However, while ADA’s market cap still stands strong at $14.5 billion, it has witnessed a slight decline. Additionally, there has been no notable movement in ADA’s active addresses over the last 30 days, suggesting a lack of increased activity on the network.<\/span><\/p>\n
On the bright side, Cardano’s social dominance metric has experienced a significant spike, indicating that the blockchain is performing well on the social front. <\/span><\/p>\n
With gradual growth in TVL and development, Cardano’s ADA appears to be making strides toward its long-term goals, despite the ever-shifting tides of the crypto market.<\/span><\/p>\n
-Featured image from Joshua Hoehne on Unsplash<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
As ADA price experiences a notable surge, the Cardano Foundation has released its first-ever yearly report, highlighting the ecosystem’s impressive updates and developments. With both technical innovations and market momentum on its side, Cardano’s ADA is emerging as a strong contender in the highly-stacked world of cryptocurrencies. Will its current upward trajectory continue, or is a market correction on the horizon?\u00a0 Related Reading: OKB Tallies 24% Increase But Active Addresses Fail To Keep Pace \u2013 Here\u2019s Why Cardano 1st Annual Report: Network Achievements Amidst ADA Growth In the midst of market volatility, Cardano’s ADA has proven to be a reliable contender in the world of cryptocurrencies, showing a consistent climb in its value. Based on numbers by Coingecko, the current price of ADA is at $0.437146, with a 0.5% surge in the last 24 hours and an impressive 10% increase over the past week. But the growth of ADA is not the only noteworthy development in the Cardano network. On April 18, the Cardano Foundation announced on Twitter the release of its first-ever annual report, highlighting the many achievements made by the network over the past year.\u00a0 \ud83d\udce3 Today we launch our FIRST EVER Annual Report! \ud83c\udf8a Discover key 2022 achievements and see how they fit along the Foundation’s core focus areas of: \u27a1\ufe0f Operational Resilience \u27a1\ufe0f Education \u27a1\ufe0f Adoption#CFAnnualReport2022 #CardanoFoundation \ud83d\udc47\ud83d\udc47\ud83d\udc47https:\/\/t.co\/lVrOsvXm21 \u2014 Cardano Foundation (@Cardano_CF) April 18, 2023 Among these milestones are the nearly 4 million ADA wallets by the end of 2022 and a total of 7.4 million assets mined. As ADA continues to garner attention from investors and traders worldwide, the Cardano ecosystem shows no signs of slowing down in its pursuit of innovation and sustainability. ADA TVL Witnesses Gradual Growth ADA continues to show signs of steady progress in the volatile world of cryptocurrencies. According to recent data, ADA’s Total Value Locked (TVL) stood at $162 million as of 18th of April, indicating gradual growth despite not reaching its all-time high. Source: Defillama Furthermore, development on the Cardano network has seen a slight increase, according to intelligence platform Santiment. This suggests that the chain is making steady progress toward its goal of becoming a sustainable and scalable blockchain ecosystem. ADA total market cap at $14.5 billion on the daily chart at TradingView.com Related Reading: Binance Coin (BNB) Rallies 8% Ahead Of Hard Fork Upgrade However, while ADA’s market cap still stands strong at $14.5 billion, it has witnessed a slight decline. Additionally, there has been no notable movement in ADA’s active addresses over the last 30 days, suggesting a lack of increased activity on the network. On the bright side, Cardano’s social dominance metric has experienced a significant spike, indicating that the blockchain is performing well on the social front. With gradual growth in TVL and development, Cardano’s ADA appears to be making strides toward its long-term goals, despite the ever-shifting tides of the crypto market. -Featured image from Joshua Hoehne on Unsplash<\/p>\n","protected":false},"author":557,"featured_media":527587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[84005,142,12332,4735],"class_list":["post-527574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ada-price","tag-altcoins","tag-cardano","tag-price-action"],"acf":[],"yoast_head":"\nADA 10% Rally Coincides With Cardano's Annual Report<\/title>\n<meta name=\"description\" content=\"As ADA price experiences a notable surge, the Cardano Foundation has released its first-ever yearly report, highlighting the ecosystem's impressive\" \/>\n<meta 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"ADA 10% Rally Coincides With Cardano Foundation’s Annual Report","url":"http:\/\/uniquehot.com\/news\/ada-rallies-10-on-cardano-annual-report\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ada-rallies-10-on-cardano-annual-report\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-56.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-56.png?fit=854%2C447"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ada price","altcoins","cardano","price action"],"dateCreated":"2023-04-19T13:45:34Z","datePublished":"2023-04-19T13:45:34Z","dateModified":"2023-04-19T13:46:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"ADA 10% Rally Coincides With Cardano Foundation’s Annual Report\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ada-rallies-10-on-cardano-annual-report\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ada-rallies-10-on-cardano-annual-report\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-56.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-56.png?fit=854%2C447\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ada price\",\"altcoins\",\"cardano\",\"price action\"],\"dateCreated\":\"2023-04-19T13:45:34Z\",\"datePublished\":\"2023-04-19T13:45:34Z\",\"dateModified\":\"2023-04-19T13:46:25Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/04\/a-56.png?fit=854%2C447","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/527574"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=527574"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/527574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/527587"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=527574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=527574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=527574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}