Logo
Cardano Ecosystem

Crypto News Flash (EN)

11/18/2024

·

57 views


Cardano News: Hoskinson’s Vision and ADA’s Rally Hint at All-Time High

With Hoskinson supporting clearer crypto regulations under the Trump administration, there is growing optimism for ADA and other U.S.-focused cryptocurrencies, reflected in their recent price surges.

Cardano News: Hoskinson’s Vision and ADA’s Rally Hint at All-Time High
  • Hoskinson’s leadership, alongside Cardano’s zkApp innovation and regulatory optimism, is positioning ADA for significant growth, with analysts predicting a price rise to $6 by 2025.
  • With Hoskinson supporting clearer crypto regulations under the Trump administration, there is growing optimism for ADA and other U.S.-focused cryptocurrencies, reflected in their recent price surges.

Following a recent confirmation by Charles Hoskinson, as shared in a previous CNF update, a crypto advisor under former President Trump, he aims to address regulatory uncertainty and drive innovation through bipartisan policy efforts. Currently, Charles Hoskinson has applauded the Cardano ecosystem for its pioneering spirit and dedicated community.

In emphasizing this through a recent tweet on the X platform, he stated that Cardano’s focus on innovation and entrepreneurship, though challenging, has the potential to bring about global change.

When people ask why cardano, this is why. We have the best community and the best entrepreneurs. It's a harder road, but it will change the world. I'm proud of them all, and with Voltaire, they will make the finest government ever assembled by humanity https://t.co/ArXrSJOFoi

— Charles Hoskinson (@IOHK_Charles) November 16, 2024

He also further described the upcoming Voltaire update as a groundbreaking step toward creating an unparalleled governance model. Meanwhile, Hoskinson’s recent visit to SpaceX has generated speculation about the potential for collaborations, given Elon Musk’s increasing political influence.

Trump Administration Sparks Hope for Crypto Growth

He acknowledged the anticipation of favorable policies for the recent surge in U.S.-focused cryptocurrencies, including ADA, XRP, and SOL, which have shown significant gains amid regulatory optimism.

Hoskinson has wisely pledged to support the Trump administration in crafting clearer crypto regulations, aiming to resolve longstanding industry challenges. Ripple’s CEO, Brad Garlinghouse, echoed this sentiment, stating that Trump’s positive stance on digital assets has energized the market.

Cardano’s zkApp Innovation Sets a New Benchmark

This development aims to simplify the creation of decentralized applications that bridge multiple blockchain ecosystems. Cardano’s Midnight sidechain has achieved a major breakthrough with the launch of its first-ever zero-knowledge application (zkApp), thanks to a partnership with Paima Studios.

The newly announced breakthrough has reinvigorated excitement around Cardano, with analysts projecting ADA’s price could climb to $6 by 2025, fueling hopes for a new all-time high.

Mirroring a previous CNF highlight when Charles Hoskinson’s U.S. policy plans sparked a 36% surge in ADA, boosting Cardano’s visibility. As of now, Cardano (ADA) is climbing 3.41% in the past day and 22.61% in the past week, reaching a price of $0.7358. See the ADA price chart below.


Recommended for you:

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Crypto News Flash (EN)

ORIGINAL SOURCE

https://www.crypto-news-flash.com/cardan...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Crypto News Flash (EN)

See more
How Many ADA Tokens Are Needed for Crypto Millionaire Status?
Crypto News Flash (EN)
How Many ADA Tokens Are Needed for Crypto Millionaire Status?

last Sunday at 7:03 AM

·

4 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)