After the storm comes the sun. The crypto market looks like it’s been recovering for the past 2 days. Cardano specifically was among the top gainers, up by 30% in the past 24 hours. We at CryptoTicker have been talking about Cardano for a while now. The недавни пад took a heavy toll on ADA prices, despite Cardano being a very promising crypto project. Now that prices are soaring again, is it a good idea to buy Cardano? Can Cardano reach 1 $? Let’s assess in this Cardano price prediction article.
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Cardano is a blockchain network that prides itself on being technically superior, safe, and scalable. Charles Hoskinson, a co-founder of Ethereum, established Cardano in 2017. The Proof-of-Stake consensus technique is used by the blockchain. The ADA is Cardano’s network token. The evidence-based methodology with which the blockchain is continually developed is what makes Cardano unique. Scientists are working on the blockchain and evaluating the flaws in existing blockchains so that the Cardano blockchain may address them. Cardano is still a blockchain that avoids the trilemma of blockchains. Scalability, security, and decentralization are all strong points.