Cardano has registered a notable spike in whale activity in 2023 as large-scale transactions to the tune of $100k have reached last year’s May levels. Not only that, but since the beginning of 2023, 36 new whale addresses ranging between 1 million- 100 million worth of ADA have flocked into the Cardano ecosystem. As noted […]
ADA Whale
Cardano’s Staking Yield Won’t Last Forever- ADA Whale
Cardano’s ADA is disinflationary. The current reward distribution, down from roughly 11.5 million ADA a year ago, is about 10 million ADA every epoch, according to crypto analyst ADA whale. The unnamed expert claimed that buying and staking ADA at the current price is equivalent to mining Bitcoin in 2013–2015, and that opportunity won’t last […]
Here’s Why Cardano’s DeFi Ecosytem Has the Upper hand Among Its Rivals
Cardano-focused community member has doubled down on the key advantages that the network’s decentralized finance [DeFi] protocols owns over its rivals. In the tweet, the pseudonymous influencer known as “ADA whale” shared that after Ethereum, Cardano is the first such protocol to built an entire DeFi ecosystem without any influence from the venture capitalists or the […]
Is Cardano Being “Aggressively Priced” An Understatement?
Among the growing ecosystems, Cardano has priced more aggressively, on-chain analytics dashboard Messari tweeted. The upcoming Vasil hard fork is slated to bring significant improvements to Cardano, specifically higher throughput and smart contract enhancements. Under the report titled “Non-EVM chains in the bear market”, Messari wrote Cardano was priced aggressively compared to its adoption metrics.” […]