🔝 ADA Is Poised To Surge 165x / Axo Testnet is Live / cPay Launches on Cardano

🔥 Today's highlights

Top Analyst Says Cardano (ADA) Is Poised To Surge 165x After Months in Accumulation Phase - Chris O, co-founder of the Cardano Ghost Fund DAO and co-host of Investing Broz, announced positive news for ADA holders. He revealed that ADA has been in an accumulation phase for several months, unlike other cryptocurrencies which have seen rapid growth. This consolidation period suggests potential future growth for ADA. (link)

The Axo Testnet Is Live - Axo is now live on testnet, ending speculation and allowing users to join immediately. (link)

Simplifying Cardano DApp development with Demeter - Starting on the Cardano network can be difficult due to the expertise needed to handle the blockchain engineering of its components. (link)

Cardanos Liquid Staking from a Security Perspective - Cardano has introduced native liquid staking, a feature that allows users to stake their ADA (the native cryptocurrency of the Cardano blockchain) while still having access to liquidity. (link)

BTC Spot ETF Nears as SEC Softens Stance - The U.S. Securities and Exchange Commission (SEC) has made an unexpected decision to not contest a crucial court ruling favoring Grayscale Investments. (link)

cPay Launches on Cardano - Cardano Crocs Club introduced cPay, a pioneering web3 payment service, marking a significant milestone in their developments. (link)

How to Attack Blockchain Cheaply? The 51% attack is the most commonly discussed type of blockchain attack. (link)

Cardano DeFi TVL stuck at a record high as growth slows - Activity in Cardano's ecosystem is declining due to the ongoing crypto winter and increased competition. The value of ADA locked in the DeFi ecosystem has reached a new high, indicating growing interest in the project. (link)

Cardano (ADA) May Need Urgent Restructuring If This Happens - Cardano (ADA) is losing its appeal as an investment asset due to declining profitability. According to crypto analytics platform IntoTheBlock, the proof-of-stake (PoS) protocol is experiencing a drop in profits. (link)

🐦 Tweet of the day

Cardano Feed presents to you the biggest newsletter media dedicated to Cardano ($ADA). Have a wonderful read!

If you have any interesting projects or ideas, please reach out to us by responding to this email or by sending us a DM on Twitter: @cardanofeed and @otaviolima.

As always, thanks for reading, and see you next time. 😀

_{Disclaimer: Cardano Feed DOES NOT provide financial advice. The content is for informational purposes only and does not necessarily reflect our opinion.}