Cuan friends may know that Cardano and its native coin ADA are currently among the major global cryptocurrency assets. However, did you know that Cardano was developed based on serious academic studies? Read more here!
What is Cardano?
Cardano is a third-generation Proof-of-Stake smart contract platform and the first blockchain to be developed under review and study by a group of engineers and cryptography experts.
This network claims to be third-generation blockchain technology because it is built on academic research and is an evolution of the first-generation blockchain, namely Bitcoin, and the second generation, such as Ethereum.
Interestingly, the name Cardano is inspired by a Renaissance mathematician named Gerolamo Cardano. Meanwhile, the name of Cardano’s native token, ADA, is derived from the name of a 19th-century mathematician who is also known as the first computer programmer named Ada Lovelace.
In the last 24 hours, Cardano ($ADA) has experienced significant momentum, trading between $0.842 and $0.998, reflecting an increase of 16.47%. This spike is in line with the growing interest from investors and bullish sentiment.
Analysts predict that ADA could reach a high potential of $1.50 by the end of 2025, driven by factors such as ETF speculation and strong market momentum.
If ADA
By maintaining this trajectory, it can continue its upward movement, potentially setting a new all-time high soon. By understanding analytical techniques and fundamental techniques, we will know the direction of the market... although sometimes it may deviate a bit, but it can minimize the impact of losses.
And of course, if it's true, we will get a decent profit.
It cannot be denied that everyone surely wants profit from whatever we invest in.
