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  • ๐Ÿ“– State of Cardano Q3 2023 Messari / Pump Expected in 20 Altcoins / IOG Framework Unleashes Interoperable Layer 1

๐Ÿ“– State of Cardano Q3 2023 Messari / Pump Expected in 20 Altcoins / IOG Framework Unleashes Interoperable Layer 1

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๐Ÿ”ฅ Today's highlights

State of Cardano Q3 2023 by Messari - Cardano's stablecoin saw a significant increase in value, rising by 16% QoQ and 461% YTD. The initial boost was driven by native stablecoins like iUSD, but in Q3, bridged versions of USDT and USDC were introduced by Wanchain, further contributing to this positive (link)

Pump Expected in 20 Altcoins Including SOL, ADA and LINK! Here's Why! - Upbit, South Korea's largest cryptocurrency exchange, is responsible for the recent surge in altcoin prices. The exchange has gained popularity due to its listings of altcoins. However, it has only been a few days since the rise began, making it difficult to predict the future. (link)

Cardano (ADA) Surges Over 20% In Weekly Chart Following Integration Of Polkadot SDK - Cardano (ADA) has seen a 20% surge in its weekly chart after integrating the Polkadot SDK. This development has greatly contributed to the positive momentum of Cardano's price. (link)

Cardano's Deliberate Progress: A Reflection of Its Academic Foundations, Says CEO - Cardano's slow progress has faced criticism over the delay in implementing network upgrades and new features. However, there is a focus on academic rigor behind the development process, which ensures careful and deliberate progress. (link)

What will Midnight be for Cardano? Midnight is currently in the testing phase on the dev-net, allowing developers to experiment with it. (link)

Bitcoinโ€™s New Frontier - SEC Chair Gary Gensler's recent change in position on a Bitcoin ETF has led to speculation that approval could be granted in the near future, with some anticipating it could happen within the next few weeks. (link)

Cardano Welcomes Partner Chains: IOG Framework Unleashes Interoperable Layer 1 Blockchains - Cardano introduced a framework at the Cardano Summit 2023 for developers to build partner chains using their secure and scalable infrastructure. This marks a significant step forward for Cardano in expanding its capabilities and attracting industry collaborations. (link)

Challenges for Cardano Developers - Developers may struggle with leveraging the UTxO model due to the need to consider parallelization, limiting their ability to fully benefit from it. (link)

Introducing the Cardano Startup Index and our First Token Partner, Paribus! The Cardano Startup Index is a new initiative that aims to promote and assist emerging projects in the Cardano blockchain ecosystem. (link)

Releasing an open source rewards calculation - Cardano's proof-of-stake protocol, Ouroboros, provides rewards to delegators and stake pool operators as they contribute to network security. (link)

AGIX Staking on Cardano Nears Mainnet Launch: Exciting Updates - SingularityNET plans to launch AGIX staking on Cardano at the Cardano Summit. The market for Cardano is seeing increased wallet activity and investor engagement, indicating a resurgence in popularity. (link)

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