Cardano news today – Cardano has been on the headlines a lot lately due to developments on the Cardano blockchain. While the most popular news about Cardano is the Cardano Shelley project, it is important to note that Shelley isn’t the only thing going on with Cardano. IOHK recently launched a workshop of Marlowe and Plutus in Israel. Today, Nathan Kaiser, the Chairperson of the Cardano Foundation is going to speak at the blockchain conference Unchain 19 at Berlin. During this meet event, the developer will tell the world more about the challenges that the blockchain industry is currently facing and the measures that can be put in place to eliminate these challenges.
The Cardano Shelley upgrade is going to make the Cardano blockchain 100 times more decentralized than Bitcoin according to Charles Hoskinson. This is why the news about the Cardano Shelley upgrade is spreading like wildfire. You see the core principle of blockchain technology is decentralization. A blockchain is meant to be free from the control of any central authority like a government or a cooperation. While this is the case, most blockchains today are not truly decentralized. With Cardano, for example, the developers still have more influence than the community members. With the Cardano Shelley upgrade, power will be given back to the people. This is going to be the game changer for Cardano. It would lead to an increase in the use of the blockchain and this will lead to a surge in the price of the token.
Cardano (ADA) Price Today – ADA / USD
| Name | Price |
|---|---|
 | $0.00 |
Since inception, ADA is up by 298.76%. During the cryptocurrency winter, it took a significant hit just like basically every other altcoin. Since the beginning of the year, however, the token has been recovering against the USD. In the last 30 days, the cryptocurrency is up by 38.12% against the USD. While a price crash may come anytime soon, it is important to note that the mid and long-term trends for Cardano are bullish.
Yesterday, the price of Cardano took a hit falling by more than 6% within a few hours. In our Cardano news yesterday, we said that the price of the cryptocurrency was gearing gearing up for the bull run. This morning, Cardano started to recoveragainst the USD surging above the $0.0900 level. If the bulls are able to maintain the rally, it will hit $0.1000 near-term. With the Cardano Shelley testnet scheduled to happen on the next two weeks, the bulls may be able to drive above the $0.1000 level.
Cardano Price Prediction 2019 – Cardano News Today – Current Price Of Cardano ADA
At the time of writing, the price of Cardano (ADA) was $0.090869. This means that it is up by 3.43% against the USD and up by 0.16% against the BTC. The trading volume over a 24 hour period is $182,687,317 and the market capitalization is $2,355,956,792. The Cardano team is working hard to reach global adoption. With their fully loaded roadmap, there is nothing they cannot do. Cardano may test $0.900 before the end of the year.
What do you think about the Cardano price prediction 2019 in our Cardano news today? Will Ada test $0.1000 near-term? Share your thoughts in the comment section below.
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.
