Key Highlights: Cardano founder Charles Hoskinson revealed he is actively working on a new development project rather than introducing an immediate, live network upgrade. The initiative follows Hoskinson’s earlier comments regarding an ambitious vision for Midnight, a privacy-oriented blockchain ecosystem, though a direct connection remains unconfirmed. The upcoming programming language will join existing Cardano smart ...
Key Highlights: Distinct Privacy Paradigms: While Zcash operates primarily as shielded digital money, Midnight establishes a programmable model where an unshielded token ($NIGHT) powers privacy-preserving applications via a secondary, shielded resource (DUST). Structural Cardano Ties: Operating as a Cardano partner chain, Midnight allocated 50% of its Glacier Drop distribution to Cardano participants, with cNIGHT held ...
Key Highlights: Cardano ($ADA) retreated 4% to $0.239 on October 2, wiping out earlier gains after testing resistance at $0.26. Technical indicators reveal mounting selling pressure, with the Relative Strength Index (RSI) sinking toward oversold territory and the Chaikin Money Flow (CMF) turning negative. Derivatives markets reflect aggressive shorting activity as funding rates dipped to ...
Key Highlights Cardano recorded 43,200 daily transactions, a 29% increase over the previous 24 hours. Interest in $NIGHT, the native token of Cardano’s privacy-focused Midnight network, has risen alongside network activity. Cardano’s weekly decentralized exchange volume surged 87.99% to $32.8 million. Cardano Daily Transactions Rise Above 2026 Average Cardano’s daily transaction activity has moved above ...