Trending Now: The Hottest Coins to Buy Right Now!
Discover the top cryptocurrencies to invest in today! Stay informed with the latest updates on the crypto market, but remember, token rankings and performance vary. These trending coins are worth exploring, but always Do Your Own Research (DYOR) before making investment decisions. Cardano (ADA) Cardano (ADA) is trading at $0.9548, down 6.2% in the last 24 hours. ADA remains a prominent player in the crypto market, with a market cap of $34.2 billion and a circulating supply of 35.86 billion tokens. You can trade ADA on major centralised exchanges (CEXs) like Binance, Coinbase Exchange, and MEXC. While trading volume has dropped 28.3% in the past day, ADA’s price is still 4,863.43% higher than its all-time low but 69.04% below its all-time high (ATH). ADA is underperforming against the global crypto market and other Smart Contract Platform cryptocurrencies. Over the past week, its price has declined by 12.50%. Despite this, Cardano’s founder continues to defend IOG amid criticism regarding ADA holdings. Shiba Inu (SHIB) Shiba Inu (SHIB) is trading at $0.00002126, down 3.0% in the past 24 hours. With a market cap of $12.52 billion and a circulating supply of over 589 trillion tokens, SHIB continues to attract attention. SHIB’s trading volume has dropped 9.40% in the last day, but the token remains a sensation, trading at an astronomical 37,849,723.86% above its all-time low, though it’s still below its ATH. You can trade SHIB on popular CEXs, including Binance (with SHIB/USDT as the most active trading pair), OKX, and DigiFinex. Read Also: Listing Announcement: What Does Binance Listing Mean for… Fantom (FTM) Fantom (FTM) is priced at $0.7001, with a 1.2% decline in the past 24 hours. Despite recent price dips, FTM has shown resilience. FTM is tradable on platforms like OKX, Bybit, and Kraken. It’s underperforming the market, as are other similar FTX Holdings coins. However, according to recent news, FTM surged past the $0.7 resistance alongside positive developments with Sonic Chain. Jambo (J) Jambo is revolutionising the on-chain economy with its cutting-edge JamboPhone and JamboApp. The platform has already onboarded millions of users, offering features like rewards, discounts, and payouts through the Jambo Token. This utility token powers Jambo’s decentralised ecosystem, shaping the future of blockchain and mobile technology. Lightchain AI (LCAI) Lightchain AI (LCAI) is a groundbreaking project combining Ethereum’s decentralised ecosystem with advanced AI technology. Scheduled for launch in late January, LCAI aims to create seamless integration between AI and blockchain, driving innovation, efficiency, and community empowerment. Stay ahead of the curve and explore these opportunities to make informed decisions in the dynamic world of cryptocurrency!
RLUSD on Cardano? 22% ADA Surge Possible If Ripple Deal Finalized
Charles Hoskinson, the founder of Cardano, recently set the crypto world buzzing with a powerful revelation. During a segment on the Angry Crypto Show, Charles Hoskinson confirmed ongoing discussions between Cardano and Ripple. These talks center around the possible integration of Ripple’s upcoming stablecoin, RLUSD, into the Cardano blockchain. Although there’s no official agreement yet, the confirmation that conversations are happening has captured the attention of ADA and XRP communities alike. Crypto enthusiasts now wonder what this potential partnership could mean for DeFi, cross-chain adoption, and Cardano’s long-term strategy. It’s clear that both companies are exploring the benefits of collaboration, and RLUSD could become a shared asset between two powerful ecosystems. Cardano Moves Strategically Toward Ecosystem Growth Cardano has long built its reputation on research, precision, and deliberate development. It doesn’t chase headlines—it pursues lasting impact. By entering discussions with Ripple, Cardano signals a bold shift toward interoperability and accelerated adoption. This development shows that Cardano is actively seeking new ways to expand its DeFi ecosystem and bring more assets onto its chain. If Cardano adds RLUSD to its network, it will gain a trusted stablecoin backed by Ripple’s fintech infrastructure. Such a move would help Cardano compete more directly with Ethereum in the DeFi space. The RLUSD integration could attract developers, increase user engagement, and bring more liquidity into ADA’s ecosystem. RLUSD Could Unlock New DeFi Possibilities for Cardano Ripple’s RLUSD stablecoin is designed to serve as a secure store of value and a medium for fast transactions. If integrated into Cardano, RLUSD could become the stable foundation that supports lending, borrowing, and trading across DeFi platforms on the network. Cardano users would gain access to a reliable, fiat-pegged asset that allows for smoother and safer financial operations. This integration would not only boost transaction efficiency but also introduce real-world utility. With a trusted stablecoin on board, developers can build more complex DeFi applications on Cardano. As a result, Cardano would likely see a rise in transaction volume and total value locked (TVL) on its network. Ripple and Cardano Could Build Cross-Chain Bridges Beyond the obvious DeFi benefits, a Ripple and Cardano partnership could unlock powerful cross-chain functionality. RLUSD could act as a bridge between the XRP Ledger and the Cardano blockchain. This setup would allow users to move assets seamlessly across both ecosystems, creating a more unified and fluid crypto experience. Such cross-chain integration would give Cardano access to Ripple’s network of institutional partners and payment providers. In turn, Ripple could tap into Cardano’s growing developer base and research-driven infrastructure. If both companies align, the result could be a stronger and more interoperable blockchain landscape. Ripple Is Expanding Beyond Payments Ripple has traditionally focused on cross-border payments, but it’s now shifting gears toward DeFi. RLUSD plays a central role in this evolution. With the stablecoin, Ripple plans to power decentralized finance operations while still supporting fast, low-cost global payments. That strategy makes a potential Cardano partnership even more appealing. Ripple aims to use RLUSD to attract institutional and retail users seeking efficiency, stability, and scalability. Cardano offers the perfect platform to extend that reach. Together, the two blockchains could introduce a new wave of adoption, innovation, and real-world application for decentralized finance. The Crypto World Awaits Official Confirmation For now, the RLUSD integration remains in the discussion phase. However, Hoskinson’s comments show that Cardano is actively positioning itself for a stronger DeFi future. Ripple, too, appears ready to build beyond its traditional territory. This growing alignment suggests that an official partnership announcement may be closer than most expect. Investors and developers should stay alert for updates from both companies. If RLUSD launches on Cardano, it could trigger a wave of liquidity, innovation, and adoption that reshapes both ecosystems. It could also help drive ADA’s price higher and increase institutional interest in the platform. Cardano Prepares for a New Era in Blockchain Finance Cardano is no longer content with standing on the sidelines. By initiating talks with Ripple, it has shown a new willingness to collaborate and evolve. This potential RLUSD integration could mark a turning point, signaling Cardano’s readiness to lead the next phase of blockchain finance. Read Also: BlackRock and Fidelity Expected to Enter XRP ETF Race as Ripple Lawsuit Winds Down Both Ripple and Cardano bring unique strengths to the table. If they join forces, the result could redefine how users interact with stablecoins, DeFi, and cross-chain assets. For now, one thing is clear—Cardano is aiming bigger, and the crypto world is paying close attention.
Cardano (ADA) Falls 5% Below $0.70 – What’s Next for Investors?
Cardano (ADA) has faced sharp price swings, dropping 5% in the past 24 hours. Meanwhile, futures open interest fell 2.6%, settling at $728 million, according to Coinglass. This decline suggests traders have adopted a more cautious stance, reflecting bearish market sentiment. The downturn aligns with broader cryptocurrency uncertainty caused by macroeconomic conditions and the Federal Reserve’s upcoming policy decisions. Cardano Dips Below Key Support Levels After briefly climbing to $0.73, Cardano’s price reversed and fell to $0.681 early Tuesday. The cryptocurrency also dropped under the 200-day simple moving average (SMA) at $0.70, a critical level traders closely monitor. Despite bullish forecasts, ADA struggled to hold key support levels. However, at the time of writing, it had slightly recovered to $0.71, reclaiming the 200-day SMA. The asset still trades below the 200-day exponential moving average (EMA) at $0.77, signaling ongoing bearish pressure. If buyers regain strength and push ADA above this resistance, it may rally toward $1.02. However, if selling pressure increases, ADA could decline further to support levels at $0.65, $0.62, $0.58, and $0.50. Broader Market Conditions Impact Cardano’s Price Macroeconomic developments continue to fuel uncertainty in the cryptocurrency market, and ADA has not been immune to these effects. Investors are paying close attention to the Federal Reserve’s policy meeting on March 18-19, which could shape market sentiment. Traders have shown increased caution, evident in the shrinking futures open interest. This metric tracks the number of unsettled futures contracts and helps gauge investor sentiment. A decline in open interest indicates reduced confidence and hesitation in making leveraged bets on ADA’s future price movements. The coming days may reveal whether traders regain confidence or continue reducing their exposure. Institutional Interest in Cardano Remains Strong Despite ADA’s short-term struggles, institutional investors remain interested in the cryptocurrency. On Monday, Hashdex submitted a request to the U.S. Securities and Exchange Commission (SEC) to amend its Hashdex Nasdaq Crypto Index US ETF (NCIQ). The firm seeks approval to include Cardano and other leading altcoins in the fund’s holdings. If approved, the move could boost institutional exposure to ADA and strengthen its long-term adoption. Coinbase has also expressed growing interest in Cardano. The exchange recently announced plans to introduce ADA futures contracts, pending approval from the Commodity Futures Trading Commission (CFTC). If regulators approve the request, traders will gain new opportunities to engage with Cardano, which could help integrate the asset further into traditional financial markets. Can ADA Regain Momentum? Cardano’s recent price action highlights the volatility within the cryptocurrency sector. The asset remains vulnerable to macroeconomic pressures, regulatory developments, and shifting trader sentiment. If buyers regain control and push ADA above the 200-day EMA, bullish momentum could propel the price toward $1.02. However, persistent bearish pressure may lead to further declines, testing support at lower price levels. Read Also: Dogecoin at $0.1661: Will a 30% Rebound Take It Past $0.22? As institutional interest continues to grow, Cardano’s long-term outlook remains positive. The next few days will be crucial in determining whether ADA can recover or face additional downward pressure. Traders should closely watch key resistance and support levels as they navigate the evolving market conditions.
Solana Drops 22%, But Still Beats Cardano’s 35% Fall — Which Layer 1 Will Bounce Back in April?
The past month has not been kind to Layer 1 giants. Solana (SOL) and Cardano (ADA) suffered sharp declines in March, dragged down by market-wide corrections and fading momentum from February’s highs. But while Solana lost over 22%, Cardano’s dip was steeper, plunging more than 35%, raising questions about short-term resilience and long-term competitiveness. Source: Coinmarketcap Solana opened the month near $136, rising slightly mid-March before entering a steep decline that bottomed out at $101 on April 6. It has since recovered marginally to trade around $106, posting a 22.66% monthly drop. Despite the drawdown, Solana showed more short-term recovery signals than Cardano, failing to maintain upward momentum throughout the month. Read Also: XRP Price Plunges as Market Cap Loses $20… ADA Slides Further: Is Cardano Losing Its Edge? Cardano, often known for its academic approach and peer-reviewed protocols, trailed Solana in performance. ADA entered March on a weaker note and never gained real traction. The month-long slide saw ADA decline over 35%, with minimal intraday recoveries. The ADA vs. SOL chart clearly shows that while both tokens experienced March turbulence, Cardano bore the brunt of the market’s bearish pressure, underperforming significantly during the month’s final days. Source: Coinmarketcap Key Numbers: Solana vs. Cardano (March 8 – April 7, 2025) Metric Solana (SOL) Cardano (ADA) Price (Start) ~$136 ~Varies (est. $0.75+) Price (End) ~$106 ~35% decline Monthly Change -22.66% ~ -35% Volume (24h Change) +447% Data unavailable Market Cap (Now) $54.68B Smaller than SOL’s Solana’s market cap remains strong at over $54 billion, and its 24-hour trading volume soared 447%, indicating strong interest even during the crash. This sharp rise in volume may suggest accumulation by large buyers or high-volatility trading. What Does April Hold? The April outlook hinges on two factors: market sentiment and network performance. Solana has a faster ecosystem and growing NFT and DeFi presence, and it could bounce back faster if sentiment shifts. Cardano may recover more slowly unless its upcoming updates trigger renewed investor interest or ecosystem growth. Final Verdict Solana and Cardano took hits in March, but Solana showed stronger resilience, cutting its losses at 22%, while ADA plunged over 35%. With April already showing signs of stabilization, traders are watching closely to see which Layer 1 will lead the next recovery wave.
Cardano Breaks Resistance Levels, Fueled by Whale Interest
Cardano (ADA) has shown a clear divergence from the broader altcoin market, spurred by a rise in whale activity and transaction volume. On-chain data reveals ADA’s transaction volume hit $52.26 billion this week, marking a seven-month high. Meanwhile, whale transactions exceeding $100,000 surpassed 8,900 for the second consecutive week, reaching a six-month peak. These metrics point to intensified accumulation by large holders, driving ADA’s momentum. ADA Surges Past Key Resistance Levels ADA’s price has risen to around $0.83, breaking critical resistance levels. The token now approaches its eight-month high against Bitcoin, a level unseen since June. Historically, similar spikes in whale activity preceded a 26% surge in the ADA/BTC pairing, making this development noteworthy. Related article: Cardano Rallies as Founder Charles Hoskinson Pledges to Engage with Lawmakers in Washington, D.C. Technical analysis supports ADA’s bullish run. A surge in volume has propelled the token above its moving averages, signaling strength. Although the Relative Strength Index (RSI) edges toward overbought territory, its upward trend suggests that bullish momentum remains strong. Support Levels Offer Stability Key support zones at $0.56 and $0.44 could stabilize ADA during potential pullbacks. These levels have previously attracted substantial buying activity, positioning them as potential accumulation points for investors. Source: CoinMarketCap A decisive break above $0.85 could open the door to a rally toward the psychological $1.00 level. Current whale activity and transaction metrics strongly indicate such a move is likely. Cardano’s decoupling from the altcoin market, coupled with growing whale activity, suggests continued growth. Investors should closely monitor transaction volumes and large trades to gauge ADA’s next move. If the trend holds, ADA could emerge as one of the market’s top-performing assets in the near term.
Cardano Surges 27% in Volume: Is a Break Above $0.750 Next?
Cardano (ADA) is making a strong comeback. After a short-lived dip, the token has surged back with conviction. Investors are once again paying attention as ADA nears a crucial resistance zone just below $0.750. With momentum rising and volume spiking, ADA could be preparing for a major breakout. The market now focuses on March 26, where a decisive move may unfold. ADA Rebounds From $0.722 Support Zone Earlier this week, ADA dropped to the $0.722 support level. Buyers quickly reacted, stepping in to stop the decline. This strong response sparked renewed bullish sentiment across the market. The token began forming higher lows, showing signs of strength. These patterns confirmed that bulls were regaining control. ADA then climbed back toward $0.7439, pushing into a key price range. This rebound marked the beginning of an encouraging shift. Traders started watching ADA closely again as confidence returned. Volume Surge Signals Renewed Market Interest As ADA regained ground, its trading volume surged by over 27%. This volume increase reflects growing interest and fresh demand. Rising volume often precedes big price moves, making it a strong bullish indicator. With more buyers entering the market, ADA gained the energy to challenge higher levels. The sudden increase in trading activity suggests something bigger may be coming. Now, momentum builds as ADA hovers near a resistance zone that previously rejected bullish advances. Holding Above $0.730 Keeps Bulls in Control Support remains a key part of ADA’s current structure. The token now finds immediate support between $0.726 and $0.730. These levels provided stability after the bounce and continue to attract buyers. Maintaining price above $0.730 will be critical in the short term. If ADA stays above this level, the bullish trend has room to continue. Failure to hold this zone could invite a pullback before any breakout attempt. So far, ADA continues to hold steady, reinforcing optimism among traders and analysts alike. ADA Faces Tough Resistance at $0.750 Despite its progress, ADA hasn’t yet cleared the key resistance range between $0.745 and $0.750. This zone has stopped rallies before, often pushing prices back. However, this time might be different. The strong price structure and surging volume suggest better odds of breaking through. If ADA manages to close above $0.750, it could unlock the next leg of its rally. The next immediate resistance level sits at $0.760. Should ADA continue higher, it may reach the broader target range between $0.775 and $0.780. For now, traders wait for a clear move above the $0.750 barrier. Technical Indicators Support Bullish Outlook Technical indicators offer further insight into ADA’s potential. The Relative Strength Index (RSI) currently sits at 49.19. This neutral reading suggests ADA has room to climb before becoming overbought. Meanwhile, the Moving Average Convergence Divergence (MACD) has flashed a bullish crossover. The histogram has turned positive, signaling increased buying strength. These early signals often precede stronger upward momentum. With indicators aligning, ADA appears technically prepared to challenge resistance and push toward higher levels soon. March 26 Could Mark a Turning Point All eyes are now on March 26. With trading volume rising and bullish signals stacking up, a breakout could happen anytime. ADA only needs a firm close above $0.750 to confirm the move. If the token pushes past this resistance, traders will likely target $0.760 quickly. A sustained move higher could then carry ADA toward $0.775 and possibly $0.780. The setup is strong, and momentum favors the bulls heading into the new trading week. Watch ADA Closely as Momentum Builds Cardano has positioned itself for a major move. After bouncing from $0.722, ADA has climbed steadily and gained investor attention. Rising volume, improving technicals, and solid support paint a bullish picture. Read Also: Pi Network Plunges 6.3% to $0.9432 as Token Unlocks Trigger Market Jitters The market waits for a breakout above $0.750 to confirm the next phase. If this happens, ADA could rally further with speed. The days leading up to March 26 may hold the key.
Cardano Rallies as Founder Charles Hoskinson Pledges to Engage with Lawmakers in Washington, D.C.
Cardano’s token, ADA, has reached its highest price since April 2024, spiking by 33% to a high of $0.64 before stabilizing around $0.59. This surge was driven by founder Charles Hoskinson’s announcement that he plans to work with U.S. lawmakers on cryptocurrency policy. Hoskinson’s Upcoming Role in U.S. Crypto Policy and Its Impact on Cardano Renowned for his role in co-founding Ethereum before establishing Cardano, Hoskinson recently announced his intention to become an active policy adviser on cryptocurrency issues in 2025, following the anticipated election of Donald Trump. “A large part of my time in 2025 will also be devoted to the political process,” Hoskinson shared in a video. Although he has not yet taken an official position, Trump’s campaign has expressed an openness to input from crypto industry leaders regarding future regulatory developments. Read Also: Shiba Classic ($SHIBC) Launches Wednesday, Backed by Early Investors and Whales Cardano’s Shift Towards a Bitcoin Layer-2 Solution Hoskinson has also unveiled a strategic pivot for Cardano, branding it as a Bitcoin layer-2 solution. This approach would leverage Bitcoin’s security and liquidity to support faster transaction processing, reflecting Cardano’s adaptability within the broader crypto ecosystem. Development of Midnight Blockchain for Enhanced Privacy Cardano is making significant strides with the development of a new partner blockchain called “Midnight.” According to Input Output Global’s CTO, Romain Pellerin, Midnight is scheduled for release next year and will feature advanced privacy options, including selective disclosure capabilities. Cardano’s stake pool operators, who maintain the network’s proof-of-stake consensus, will play a key role in supporting these privacy features. Cardano’s Governance and Rewards for Stake Pool Operators The governance model for Midnight will be integrated with Cardano’s existing network, allowing stake pool operators to earn rewards in $Night tokens. This integration between Cardano’s operators and Midnight’s privacy enhancements highlights Cardano’s commitment to decentralized governance and technological innovation.
Cardano (ADA) Meme Coin Craze Begins with AdaDeng Presale Launch
The presale of AdaDeng (ADENG), a new meme coin set to redefine Cardano’s ecosystem, has been launched. This innovative project aims to combine the excitement of meme culture with blockchain technology, creating a vibrant community-driven initiative. AdaDeng: Cardano’s New Meme Coin Movement AdaDeng has been built on Cardano’s secure and decentralized blockchain, with its foundation centred on creativity, community, and fun. According to the project’s whitepaper, the Dengpaper, AdaDeng is not merely another meme coin. Instead, it represents a movement that merges meme culture with robust blockchain solutions. The project’s inspiration comes from Moo Deng, a mischievous and playful hippo who embodies a spirit of fun and creativity. This initiative has created a community-focused environment, offering its members an active role in the token’s development. Read Also: XRP Price Drop and Market Impact Over 1,500 members have already joined AdaDeng’s Telegram and Discord community, showcasing the project’s excitement. ADENG Presale Details The ADENG presale has been structured to provide investors with early access before its official market launch. Scheduled to run from December 5 to December 20, 2025, the presale will distribute 70% of the total 100 million token supply to participants. A unique pricing model has been introduced. The final token price will depend on the total ADA raised during the presale. This approach ensures that the community plays a significant role in determining the token’s value. Inclusivity has been prioritized, as no minimum or maximum purchase limits have been set. Both small and large investors can participate, creating an accessible opportunity for traders to join the next potential big meme coin in Cardano’s ecosystem. Liquidity and Future Market Launch Plans Following the presale, 20% of the tokens will be paired with ADA to provide liquidity on Minswap. This setup will ensure smooth trading and help maintain a fair market price. Additionally, discussions with centralized exchanges (CEXs) are underway to secure potential listings. These listings could significantly enhance the token’s liquidity and visibility within the market. AdaDeng Brings New Energy to Cardano By blending meme culture with blockchain innovation, AdaDeng has aimed to create a unique and engaging project within Cardano’s ecosystem. With its focus on decentralization, inclusivity, and community empowerment, AdaDeng has the potential to attract meme enthusiasts and crypto investors alike. The launch of ADENG’s presale marks the beginning of an exciting journey for Cardano’s meme coin enthusiasts. As the project gains momentum, it could usher in a new wave of creativity and community engagement within the blockchain space.
World Mobile CEO: “Nobody Better Than Hoskinson to Drive Cardano’s Future”
Micky Watkins, CEO of World Mobile and widely known as “Mr. Telecom,” has publicly endorsed Charles Hoskinson and Input-Output Global (IOG) as the best leaders to guide Cardano’s ongoing development. In a recent X post, Watkins made it clear that he believes no other entity is better suited to steer Cardano’s future, urging the community to rally behind Hoskinson during a critical moment for the project. Watkins Rallies Support Behind Hoskinson and IOG Watkins’s endorsement highlights a growing discussion within the Cardano ecosystem about leadership, accountability, and the next phase of the blockchain’s evolution. By expressing his support, Watkins underscores the technical expertise, strategic vision, and consistent commitment that both Hoskinson and IOG have demonstrated over the years. His statement comes amid increased scrutiny following Hoskinson’s request for additional funding, a proposal that has sparked strong debates within the Cardano community. Hoskinson Reveals Years of Unpaid Work and Calls for Funding During a weekend livestream, Charles Hoskinson shared critical background regarding IOG’s relationship with Cardano’s development. He revealed that since 2020, after the expiration of the original Genesis block contract from 2015, IOG has been working without direct compensation. Despite the expiration of the initial contract, Hoskinson emphasised that his team continued to deliver crucial upgrades, particularly around Cardano’s scaling solutions, such as Hydra and Leios. According to Hoskinson, the scaling requirements were successfully met under the original mandate; however, evolving demands have shifted development toward new goals and a moving technological target. To continue advancing these initiatives without disruption, Hoskinson requested the Cardano community, particularly the elected delegate representatives (DReps), to approve an interim budget package. He noted that this funding would not only maintain IOG’s operations but also ensure that the Cardano community retains access to his leadership, vision, and strategic insights. Specifically, IOG has requested 26.848 million ADA, currently valued at $19.39 million, to fund a 12-month research and development program. Funding Debate Intensifies Within Cardano Community Hoskinson’s funding request surfaced during a period of heightened sensitivity around Cardano’s governance. The platform’s treasury holds approximately 1.7 billion ADA, and earlier this year, 72% of DReps voted to cap the upcoming reconciliation process at 350 million ADA. Although Hoskinson praised the move toward more structured budgeting at the time, he made it clear that the ultimate decision on IOG’s continued role rests with the DReps. Critics within the ecosystem argue that repeatedly leaning on IOG as the core developer risks undermining Cardano’s decentralisation principles. These concerns fueled an intense debate around the interim budget and the future governance model Cardano seeks to achieve. Related article: Charles Hoskinson Reflects on Cardano’s Full Decentralization Before Embarking on High-Risk Journey Watkins Calls for Trust in Proven Leadership As this internal debate heats up, Micky Watkins’s endorsement of Hoskinson and IOG stands out. He warned against undervaluing the contribution of proven leaders during a pivotal phase of Cardano’s expansion. In his view, it would be “crazy” not to back Hoskinson, given his track record, technical expertise, and clear commitment to the project’s success. Watkins’s message reinforces a growing sentiment that while decentralisation remains vital, expertise and continuity are also critical if Cardano hopes to compete against rising blockchain platforms and achieve mass adoption. The Cardano ecosystem faces a defining moment. Whether the DReps approve additional funding for IOG could shape the platform’s next decade of growth. As community members weigh the balance between decentralization and leadership continuity, endorsements from respected figures like Watkins may tip the scales.
Charles Hoskinson Reacts to Herd’s Bold Blockchain Aspirations
Charles Hoskinson, the founder of Cardano, recently reacted humorously to a new gaming project within Project Catalyst, a platform for community-driven innovation. Pierre Aceituno’s proposal outlines the development of “Herd,” a decentralized music and DJ battle game that combines blockchain, NFTs, and community governance. Herd’s Core Features: Blockchain, NFTs, and DJ Battles Herd aims to bring DJ battles into the blockchain world. It allows players to mix sound packs in real-time while competing against each other or AI opponents. These DJ battles are streamed live on Twitch, where users can earn rewards through active participation. The game heavily integrates NFTs, enabling artists to create and sell sound packs while earning royalties from both in-game purchases and secondary market sales. This system could create new and sustainable revenue streams for musicians and sound creators. https://t.co/cBAuyo8Rzy— Charles Hoskinson (@IOHK_Charles) October 13, 2024 Romain Pellerin, the CTO of Input Output, recently shared the ambitious proposal on social media. In response, Hoskinson posted a gif with the caption, “He’s gone mad with power,” humorously referencing the boldness of Aceituno’s vision for Herd. The light-hearted exchange highlighted the potential excitement surrounding this innovative project. Herd’s Dual-Token Economy and DAO Plans The game will operate using a dual-token economy. A stable utility token will be used for purchasing in-game assets and entering tournaments. Meanwhile, a governance token will allow players to vote on decisions regarding treasury allocation and future game development. Herd also plans to establish a Decentralized Autonomous Organization (DAO) in Japan. Related article: Charles Hoskinson Surprised by Bitcoin-Cardano Bridge Development This DAO will manage intellectual property, oversee project development, and handle treasury operations, ensuring sustainability and rewards to creators. Moreover, the Herd project plans to partner with several community initiatives, including HOSKY Token and NMKR, to increase visibility and drive early adoption. It will also integrate with the Paima Engine to enable smooth blockchain interactions. Herd’s NFT management will depend on Midnight’s technology, with the project set to launch once the Midnight mainnet goes live. However, if necessary, the team has a backup plan to launch on the Cardano mainnet.
