Charles Hoskinon Teases Solana-killer Tech: Will Cardano Price Boom?

Quick Summary:

Cardano price has been on a downward spiral since early July, when the altcoin hit resistance at $0.46 and began a steady decline.

The much-anticipated Chang upgrade was expected to reverse this trend, but it had little effect on the Cardano price trajectory.

With the implementation of Leios, Cardano will have tiered transaction fees and faster chain synchronization, which could push the network to become faster than Solana.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Cardano price ADA price Price Analysis Cardano Price Prediction

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 07:10:47 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 521 words

Reading Time: 3 minutes read

Sentences: 54 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22563713

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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