Cardano (ADA) & Tron (available on Binance) (TRX) – The cryptocurrency market is slowly beginning to rebound after taking a hit this past weekend.
Source: CoinMarketCap
On Friday, Japan’s FSA announced a cryptocurrency crackdown that caused Bitcoin (available on Coinbase) (BTC) and Ethereum (available on Coinbase) (ETH) to plummet nearly 10%. With the sharp drop, most of the market followed suit – but has since gained some of its strength back.
Let’s take a closer look at two coins in the top ten and their latest project updates.
Cardano’s progress is moving right along. The project isn’t known to have flashy partnerships and announcements, unlike most of its competitors. IOHK and the Cardano team focus most of their time and energy on the fundamental developments of Cardano.
Each update is put through rigorous tests before being released to the public. What makes Cardano stand out from most of the projects built on the blockchain is that all the code was built from the ground up and Cardano was founded on peer-reviewed research.
Quite well. 1.3 update is in QA. They should be working on it throughout the month of July. Lots of network enhancements. We also will have an announcement at the end of the month about somETHing special
— Charles Hoskinson (@IOHK_Charles) June 25, 2018
Cardano’s co-founder, Charles Hoskinson, commented recently on the project’s movement. What is surprising is that he pulled a Justin Sun and made an announcement about a future announcement. SomETHing he doesn’t do ever, but will be interesting to see what this “somETHing special” entails.
If you’d like to keep up with Cardano’s progress, you can view their roadmap here.
At press time, ADA is trading at $0.130 a coin, down -3.37%, in 24 hours.