Cardano (ADA) On Upward Trend: Can It Reach $0.1 Soon?

2019-8-26 20:14

Cardano has in the last 24 hours come out as the highest gainer in the top 20 cryptocurrencies. This digital asset has surged by more than 5% at the time of press, seeing it climb above a critical resistance of $0.051. The gains come off the back of some development announcements.

The project has in the last couple of days shown dedication to drive Cardano adoption. This would appear to have been received well by investors who have since been pumping prices. But will these recent developments offer enough momentum to hit Cardano’s year highs of $0.1?

EMURGO Shares Its Strategy In Ensuring Cardano’s Adoption

EMURGO is a vital arm of the Cardano blockchain with its primary function being to ensure global adoption of Cardano. One of the ways this is achieved is by supporting and helping develop ventures on the Cardano blockchain. By doing so, this brings value to Cardano and its holders. In the last week, EMURGO has been sharing in a blog post what it is doing to drive adoption outside of Asia.

The project begins with discussing the dLab/EMURGO blockchain accelerator and new office studio launched early in the year in New York. This undertaking has seen Cardano collaborate with startups and blockchain entrepreneurs with projects that interact with Cardano. The outline also discusses their recent joining to the U.S. Chamber of Digital Commerce. This is a great opportunity for the project to influence the blockchain ecosystem and support it while driving Cardano adoption. 

The post further talks about other strategies like a recent investment into Y2X, the leading digital merchant bank for the decentralized economy and blockchain education in India and Indonesia.

Surprisingly, the post does not include the project’s recent development announced at the start of the week. EMURGO officially signed MOUs with the Korea Blockchain Contents Association (KBCCA). This holds great potential for the project and could drive mass adoption of Cardano in blockchain-based, peer-to-peer economies.

Cardano (ADA) Price Update

Prices have shown great positivity in the last week. Data at the time of press shows that the asset has surged by more than 7% from the last 24 hours. This makes Cardano only second to IOTA as the highest gainer in the top 20.

Cardano Price Chart By CoinGecko

However, to reach its year high of $0.1 will take much doing and greater resistances need to be overcome. But all in all, there is no doubting Cardano’s success in the near future.

The post Cardano (ADA) On Upward Trend: Can It Reach $0.1 Soon? appeared first on ZyCrypto.

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cardano come ada upward reach soon trend

Источник: zycrypto.com

cardano come → Результатов: 26


Cardano (ADA) Partners Georgia To Improve Country’s Educational System Using Blockchain

Members of the Cardano community woke up to the good news of the team’s latest partnership. As announced by Charles Hoskinson, the projects’ founder on Twitter today June 17 2019 that the team had come into an agreement with the government of Georgia, singing a Memorandum of understanding which marks the beginning of a long […] The post Cardano (ADA) Partners Georgia To Improve Country’s Educational System Using Blockchain appeared first on ZyCrypto.

2019-6-17 16:37


Cardano [ADA] To Survive and Showcase ‘Interest’ in the long Run

Experiencing the current general market uncertainty, many crypto-enthusiasts and traders ask themselves more often which coin will turn as true value in the years to come. Taking a look at the yearly chart and seeing the not-stopping price decline of the  virtual assets you can easily conclude that 2017 was the year of gold-rush while now […] The post Cardano [ADA] To Survive and Showcase ‘Interest’ in the long Run appeared first on Ethereum World News.

2018-12-11 03:07


Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

2018-10-11 00:18


Professor Whitfield Diffie on the Challenges of Securing Data on the Blockchain

Blockchain technology has come a long way since it was introduced as the underlying technology driving Bitcoin. As the field continues to advance, modern blockchains such as Ethereum, EOS, NEO, Cardano and others are becoming software platforms where startups can build entire products and utilize decentralized features inside their own applications. Today, blockchain technology is […]

2018-7-10 16:00


Фото:

Google Approach Cardano In Promising Move For Crypto Adoption

Cardano have recently uploaded a full report which discusses a conversation between Charles Hoskinson and a number of Google officials at their office in London. This, came about as a result of an invitation from Google to Hoskinson to come to the Google UK HQ to talk about how Cardano and Google could potentially work together to mutually benefit each others operations.

2018-7-4 16:30


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