Cardano (ADA) & Ethereum (available on Coinbase) (ETH) – The cryptocurrency market is continuing to climb today and is currently sitting just over $430 billion. Today, we’re taking a look at two cryptocurrencies that are soaring on the market today.
Source: CoinMarketCap
Despite a few regulations being implemented in Iran and the SEC planning further crypto crackdown; panic selling seems to have subsided – finally.
Source: CoinMarketCap
Cardano is making a major price run-up today, as most coins are surging on the market. It remains unclear as to why specifically ADA is rallying, but it very well may be that it’s riding off the other coins runups.
At press time, ADA is trading at $0.317 a coin, up 10.76%, in 24 hours time. For the week, ADA is up 25.2% and for the month, Cardano is up 60.9%.
The team behind Cardano is steady at work, as the full product is years from completion. Charles Hoskinson Cardano’s founder just tweeted a screenshot of their current progress.
Software Development Process and METHodology day! pic.twitter.com/AOmv6s7WQw
— Charles Hoskinson (@IOHK_Charles) April 24, 2018
While projects are always upgrading and improving, these new third-generation blockchain projects are lofty and will take some time to develop. Coins like ADA, EOS, and Tron (available on Binance) are all long-term holds.