Cardano (ADA) is making headlines with its latest advancements toward decentralized governance.
Input Output Global (IOG), the blockchain’s development firm, has confirmed support for the Plomin hard fork, a crucial upgrade set to activate on January 18, 2025. This milestone marks significant progress, with over 85% of stake pools already aligned with the required updates and readiness verified through independent assessments.
Amid a recovering crypto market, ADA has regained momentum, trading at $1.15 after a notable 20% increase in the past week. Analysts like Ali Martinez predict a potential surge to $6, drawing parallels to ADA’s 2020 bull run. Such a move would represent a staggering 400% gain, sparking optimism among investors.
Cardano’s DeFi ecosystem is also thriving, with total value locked (TVL) rising 25% this year to $538 million. Institutional interest is growing, as whale transactions over $100,000 have surged, indicating increased confidence.
Speculation about founder Charles Hoskinson’s involvement in President-elect Donald Trump’s potential crypto advisory council has further fueled excitement, positioning Cardano as a key player in the evolving blockchain landscape.
Ripple Labs is preparing for another large-scale XRP release, set to occur on May 1, when 1 billion tokens—currently valued at around $2.1 billion—will be unlocked from escrow.
ARK Invest has quietly deepened its exposure to Solana by adding a staked SOL investment to two of its tech-focused ETFs, signaling growing confidence in the blockchain’s long-term potential.
The U.S. Securities and Exchange Commission (SEC) is warming up to the idea of expanding the crypto ETF landscape beyond Bitcoin, with 72 crypto-related ETF proposals now awaiting review.
Coinbase has officially rolled out CFTC-regulated futures contracts tied to XRP, marking a significant step forward for institutional adoption of the Ripple-associated token.