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<div><p><strong>San Francisco’s headquartered blockchain firm Ripple announced the launch of the non-profit organization Nation Cryptocurrency Association (NCA).</strong></p><h2>Summary</h2><ul><li>Ripple backed the launch of the National Cryptocurrency Association (NCA).</li><li>Cardano founder Charles Hoskinson also showed his support for the launch of NCA.</li><li>The Cardano crypto project faced a new fud regarding its country of origin because of Hoskinson’s citizenship.</li></ul><p><em><a target="_blank" href="https://bitcoinik.com/ripple-xrp-unveils-multi-crypto-exchange-partnership-to-distribute-ripple-stablecoin/">Ripple</a> is a San Francisco headquartered blockchain firm known for its $XRP cryptocurrency-powered cross-border payment services. Since Dec 2020, Ripple has been in a legal <a target="_blank" href="https://bitcoinik.com/xrp-lawsuit-made-ripple-xrp-popular-says-crypto-legal-expert/">dispute</a> with the United States Securities and Exchange Commission (SEC). As per SEC’s charges, Ripple firm violated the Securities Act by using XRP coin in the payment services &amp; direct sales and also alleged that the company’s acts manipulated the trade price of $XRP coin.</em></p><p>On 5 March 2025, The announcement regarding the National Cryptocurrency Association (NCA) came into the public domain officially.</p><p>The main vision of the association is to help US-based crypto investors get knowledge about crypto &amp; blockchain technology.</p><figure><div><blockquote><div><p>Proud to announce the launch of the National Cryptocurrency Association (NCA), a non-profit organization dedicated to helping Americans better understand crypto.</p><p>Crypto is becoming mainstream and the NCA is here to help people navigate the hype and confusion. We will offer… <a href="https://t.co/uKahNxMnPl" target="_blank">pic.twitter.com/uKahNxMnPl</a></p></div>— National Cryptocurrency Association (@NatCryptoAssoc) <a href="https://twitter.com/NatCryptoAssoc/status/1897288126181032239?ref_src=twsrc%5Etfw" target="_blank">March 5, 2025</a></blockquote> </div></figure><p>Ripple CEO Brad Garlinghouse said that nearly 55 million people in the US jurisdiction deal in cryptocurrencies, but still, many of them are curious to know about the potential ability of this innovative technology. NCA will raise awareness about Crypto &amp; blockchain technology by educating about all the utilities related to crypto technologies.</p><figure><div><blockquote><div><p>Ripple is proud to support the launch of the National Cryptocurrency Association (<a href="https://twitter.com/NatCryptoAssoc?ref_src=twsrc%5Etfw" target="_blank">@NatCryptoAssoc</a>).</p><p>Over the last few years, crypto has catapulted to the mainstream. Today, 55 million Americans hold and use crypto, and many more are curious – where, when and how can I use this… <a href="https://t.co/xu2VbMgfnZ" target="_blank">https://t.co/xu2VbMgfnZ</a></p></div>— Brad Garlinghouse (@bgarlinghouse) <a href="https://twitter.com/bgarlinghouse/status/1897293996424135066?ref_src=twsrc%5Etfw" target="_blank">March 5, 2025</a></blockquote> </div></figure><p>Cardano founder Charles Hoskinson reposted Garlinghouse’s tweet about NCA. That means Hoskinson is happy to support Ripple’s backing for the launch of NCA.</p><h2>Attack Against Cardano &amp; Ripple</h2><p>Between 2024 and the date, the relationship between the Ripple &amp; Cardano projects has been highly friendly. From time to time, Hoskinson praised Ripple executives &amp; praised $XRP Cryptocurrency, a great crypto technology in the crypto space. Garlinghouse supported Hoskinson for his better leadership in the crypto sector through his serious blockchain technology use cases focusing on development activities.</p><p>Notably, both the crypto projects were attacked by rival projects from time to time. As we know, people usually call Ripple-backed $XRP Cryptocurrency a centralised digital currency, and also people claim Ripple controls the XRP ledger (XRPL), a Proof-of-stake (PoS) blockchain network at which $XRP coin runs.</p><p>On the other hand, the Cardano ($ADA) project faces criticism from major crypto media. Critics call it a <a target="_blank" href="https://bitcoinik.com/cardano-founder-says-his-prediction-of-the-catastrophic-bug-now-paired-with-ghostchain/">ghostchain</a>, a network in which funds may lost forever. Many times, Hoskinson addresses such critics and says that all the criticism for Cardano came from the majority of media outlets backed by the top Venture Capitalists who missed the opportunity to invest in Cardano before the launch.</p><p>Indeed, Hoskinson never took any investment from a VC firm to maintain the $ADA coin distribution fully transparent, just like Bitcoin. For such reasons, VC firms, which fund media channels, try to <a target="_blank" href="https://bitcoinik.com/cardano-founder-says-we-dont-need-venture-investment/">criticize</a> the Cardano blockchain as a useless crypto network.</p><p>Today, a new FUD around Cardano claimed that the Cardano ($ADA) project couldn’t be considered a US-based crypto project because its founder, Hoskinson, lives in Canada.</p><p>Hoskinson responded to this FUD &amp; clarified that such things will appear, as Cardano is now going to be considered in the US Crypto Strategic Reserve (CSR).</p><figure></figure><p><strong><em>Read also: <a target="_blank" href="https://bitcoinik.com/cardano-hoskinson-invited-white-house-crypto-summit/">Cardano Founder Charles Hoskinson Not Invited to White House Crypto Summit!</a></em></strong></p><p><em><strong>Disclaimer: We at Bitcoinik.com present you with the latest information in the crypto market. However, this information should not be regarded as financial advice and viewers should consult their financial advisors before investing.</strong></em></p><div><p><img src="https://i0.wp.com/bitcoinik.com/wp-content/uploads/2020/08/ad-header-.webp?w=1170&amp;ssl=1" alt="Header ad" /></p></div></div>

Bitcoinik

Ripple Launches National Cryptocurrency Association (Nca), Cardano ($ADA) Founder Backs It!

<div><p><strong>$Nike token helping crypto people to explore the Cardano Defi blockchain ecosystem.</strong></p><p><a target="_blank" href="https://bitcoinik.com/cardano-founder-shows-his-pet-nikes-house-nike-token-pumps-sharply/">$Nike token</a> is a popular Cardano-based meme token, inspired by Cardano founder Charles Hoskinson’s pet animal pig named Nike. </p><h2>Cardano vs Crypto Media </h2><p>Cardano developers always remain engaged in innovative development works to make blockchain technology useful to fight against real challenges. The Cardano project team never collabs with other crypto parties from the perspective of popularity and this is the reason why the Cardano blockchain fails to get attention among the media reports. </p><p>Also in the past, Cardano never took any investment from VC firms, so the majority of the VC-backed media firms criticize Cardano blockchain and usually call it a Ghostchain. </p><h2>$Nike token price &amp; greed</h2><p>The current trade price of $Nike token is 8.7% high over the last 24 hours. The trade price of this token surged  2,670 fold in the last 7 weeks.</p><figure><img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXc72GWq8aYGh_qqD7qGjR-m6nO_5_k1L0CzFmPzusx6Ki8SHAsXLSswOf1XId6GWHcrJr-N9nyMMCqJAzOddVmUBzBk2uQKc0TcXxaAbKV3T1TKH9tC32URCEIav2PnLCIAsUeXa34WDFhMZmW1VJLZvsk3?key=SDyXyQ9ewu_0vXGKyb149w" alt="Investors Flock to Cardano: Nike Token Exclusivity Highlights Cardano's Superior Blockchain Capabilities 1" title="Investors Flock to Cardano: Nike Token Exclusivity Highlights Cardano's Superior Blockchain Capabilities 1" /></figure><p>The popularity of this Cardano-based meme project is surging rapidly day by and is attracting other crypto blockchain users. </p><h2>$Nike helps Cardano </h2><p>Currently, Charles Hoskinson supporting this new Cardano meme token &amp; hoping for a better future with some innovative development efforts by the $Nike token launchers. </p><p>This meme token is available only on the Cardano blockchain, and if any crypto investor wants to invest in this token, they are required to use Cardano-based DeFi protocols.</p><p>A crypto X user reported that he used a Cardano-based DeFi crypto exchange and his transaction executed within 30 seconds for only 20 cents, which was far better than any other DeFi protocol on any other crypto network.</p><p>This crypto enthusiast said that critics blindly criticize the Cardano blockchain and its DeFi ecosystem, while Cardano is a top-level, best crypto project.</p><p>Furthermore, the Cardano Defi user expressed confusion about why people hate the Cardano blockchain and said that he is willing to enjoy trading on the Cardano Defi network in the future, similar to how he trades runes on BTC. </p><p>He also mentioned that profitability is his main concern and that it is unnecessary to choose a single blockchain, suggesting that one should use all chains to get advantage.</p><figure><div><blockquote><div><p>First impressions of coining on Cardano</p><p>bought some <a href="https://twitter.com/search?q=%24NIKE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$NIKE</a> &amp; <a href="https://twitter.com/search?q=%24SNEK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$SNEK</a><a href="https://twitter.com/vesprwallet?ref_src=twsrc%5Etfw" target="_blank">@vesprwallet</a> feels 95% like phantom on mobile and desktop</p><p>Paid an average of 20 cents for each tx and it took around 30 seconds to confirm each swap</p><p>No idea why people are hating on it , I’m going to enjoy… <a href="https://t.co/GqfInWMtRP" target="_blank">pic.twitter.com/GqfInWMtRP</a></p></div>— cryptoschuster | ฿฿ (@CryptoSchuster) <a href="https://twitter.com/CryptoSchuster/status/1804999767220441581?ref_src=twsrc%5Etfw" target="_blank">June 23, 2024</a></blockquote> </div></figure><p><strong><em>Read also: <a target="_blank" href="https://bitcoinik.com/bitcoin-dips-below-61k-following-mt-gox-repayment-announcement-bull-run-over/">Bitcoin dips below $61k, following Mt.Gox repayment announcement: Bull run over?</a></em></strong></p></div>

Investors Flock to Cardano: Nike Token Exclusivity Highlights Cardano’s Superior Blockchain Capabilities

<p>In the face of growing criticism surrounding Cardano, Charles Hoskinson, the network’s co-founder, has taken to social media to address concerns over the network’s alleged block congestion, emphasizing Cardano’s scalability potential.</p><p>Over the years, <a href="https://zycrypto.com/from-50m-to-438m-cardanos-880-growth-speaks-volumes-in-2023/">Cardano</a> has faced its fair share of skepticism and detractors. As highlighted by Hoskinson, critics had long labelled Cardano as a “ghostchain” with “no use and utility.” However, a recent shift in narrative has seen new concerns emerging about Cardano’s blocks being congested. In response to these concerns, Hoskinson took to X on Tuesday, tweeting, “<i>I can’t help but watch with glee all the concerns floating around about Cardano’s blocks being too full…suddenly we are too busy.”</i></p><p>He further noted the irony in the sudden change of sentiment towards Cardano, from the so-called “Ghost chain” or Cardano’s “no use and utility” narrative to the current claims of Cardano’s inability to perform effectively due to overloaded blocks. Notably, the introduction of decentralized exchanges such as SundaeSwap, Minswap, and diverse NFT marketplaces have played a pivotal role in substantially increasing Cardano’s transaction count. This influx of transactions has, in turn, significantly contributed to the network’s heightened activity and load.</p><p>Hoskinson, however, emphasized that Cardano is designed to operate efficiently under such loads, and there is significant design space for optimizing the network and decentralized applications (DApps) for both short and long-term scalability. Hoskinson even attached a link to a recent YouTube video where he delves into the enhancements of Cardano through upgrades such as Mithril, Hydra, and several others, emphasizing that these upgrades have significantly enhanced various aspects of the Cardano blockchain.</p><p>Hoskinson further noted that the network had accomplished most of its success through authentic community growth and engagement, reminiscent of Bitcoin’s trajectory without the reliance on venture capitalists, crypto media, or influencers. &nbsp;&nbsp;</p><p>Hoskinson’s optimism about Cardano’s trajectory is supported by recent achievements, including surpassing Bitcoin and Ethereum in terms of on-chain transaction volume. According to a report by onchain analytics firm Messari, on December 13, Cardano recorded a transaction volume of $23.56 billion, with Bitcoin coming in second at $13.09 billion and Ethereum at $5.06 billion.</p><p>That said, Hoskinson’s remarks come at a time when Cardano is often <a href="https://zycrypto.com/hoskinson-confronts-bitcoin-maximalists-criticism-of-cardano-and-altcoins/">criticized</a> within the Web3 community. In early August, the crypto mogul addressed assertions branding Cardano as a ghost chain and presented compelling evidence to debunk the unfounded narrative.</p><p>That said, despite the criticism in recent months, Cardano’s price continued to show strength and has experienced a 2.85% increase in the past 24 hours to reach $0.57.</p>

Zycrypto

Charles Hoskinson Emphasizes Cardano’s Success Is Community-Driven Amidst Criticism

<div><p>You are here: <span><a target="_blank" href="https://www.tronweekly.com/"><span>Home</span></a></span> <span>/</span> <span><a target="_blank" href="https://www.tronweekly.com/category/news/"><span>News</span></a></span> <span>/</span> Cardano (ADA): Navigating Key Factors For A Potential $0.78 Breakout In 2024</p><img src="https://www.tronweekly.com/wp-content/uploads/2023/12/CAMP-2023-10-14T030146.930-1.jpg" alt="Cardano" srcset="https://www.tronweekly.com/wp-content/uploads/2023/12/CAMP-2023-10-14T030146.930-1.jpg 1200w, https://www.tronweekly.com/wp-content/uploads/2023/12/CAMP-2023-10-14T030146.930-1-300x157.jpg 300w, https://www.tronweekly.com/wp-content/uploads/2023/12/CAMP-2023-10-14T030146.930-1-1024x536.jpg 1024w, https://www.tronweekly.com/wp-content/uploads/2023/12/CAMP-2023-10-14T030146.930-1-768x402.jpg 768w" /><article><div>
<p>Cardano (ADA) finds itself at a pivotal juncture, teetering on the brink of a substantial price shift. Over the preceding 24 hours, ADA’s price has exhibited lateral movement as bullish and bearish forces engage in a fierce struggle for control within the market. </p>
<p>At the time of reporting, Cardano is valued at $0.604592, boasting a 24-hour trading volume of $846.30 million, a market capitalization of $20.45 billion, and a market dominance of 1.23%. Notably, the ADA price has experienced a 3.20% decrease in the last day, yet over the past month, it has surged impressively by 63.1%.</p>
<h2>Cardano’s Outlook: Upward Trend, $0.63 Breakout Potential</h2>
<p>From a technical perspective, Cardano appears to be tracing an upward trajectory within a medium to long-term rising trend channel. This trend signals a surge in investor optimism, hinting at a sustained upward movement. The absence of resistance on the price chart further suggests the potential for continued growth, with a safety net of support at approximately 0.36 points in the event of a negative market reaction.</p>
<figure><img src="https://www.tronweekly.com/wp-content/uploads/2023/12/image-116.png" alt srcset="https://www.tronweekly.com/wp-content/uploads/2023/12/image-116.png 932w, https://www.tronweekly.com/wp-content/uploads/2023/12/image-116-300x132.png 300w, https://www.tronweekly.com/wp-content/uploads/2023/12/image-116-768x337.png 768w" /><figcaption>Source: <a href="https://www.investtech.com/main/market.php?CompanyID=99401580" target="_blank">Investtech.com</a></figcaption></figure>
<p>Examining short-term dynamics, a positive volume balance reinforces ADA’s position. Notably, higher trading volumes on days witnessing price upticks and lower volumes during downtrends contribute to the cryptocurrency’s strength. However, a cautious note is sounded by the falling trend observed in the Relative Strength Index (RSI) curve, serving as an early indicator of a potential downward reversal in the price.</p>
<p>Crypto analyst Ali Martinez, <a href="https://twitter.com/ali_charts/status/1740004785217282178" target="_blank">sharing insights</a> on December 27, emphasized a notable development on the 4-hour chart where Cardano is forming a symmetrical triangle. A key threshold to monitor is a sustained candlestick close above $0.63, a move that could trigger a breakout, potentially propelling ADA toward $0.78.</p>
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<blockquote><div><p>On the 4-hour chart, <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank">#Cardano</a> is shaping up a symmetrical triangle! The crucial point to watch is a sustained candlestick close above $0.63. </p><p>Such a move will trigger a breakout that could set the stage for <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$ADA</a> to rally toward $0.78. <a href="https://t.co/AKSo95k7x9" target="_blank">pic.twitter.com/AKSo95k7x9</a></p></div>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1740004785217282178?ref_src=twsrc%5Etfw" target="_blank">December 27, 2023</a></blockquote>
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<p>According to Coincodex’s latest <a href="https://coincodex.com/crypto/cardano/price-prediction/" target="_blank">Cardano price prediction</a>, an anticipated 3.39% increase is forecasted, propelling the price to $0.623145 by January 3, 2024. Coincodex’s technical indicators currently convey a bullish sentiment, while the Fear &amp; Greed Index registers 68.</p>
<p>As the cryptocurrency community eagerly awaits January 2024, cryptocurrency experts are poised to unveil their forecasts for ADA’s price. The projected trading range suggests a minimum of $0.579 and a maximum of $0.684 during the month, with an average anticipated value of approximately $0.631.</p>
<p>Charles Hoskinson, the visionary founder of Cardano, <a href="https://twitter.com/IOHK_Charles/status/1736793224163848493" target="_blank">weighed </a>in on the network’s growth trajectory in a recent address. Drawing parallels with Bitcoin’s early days, he addressed evolving perceptions of Cardano, dispelling earlier characterizations such as the “ghost chain” and concerns over block capacity. </p>
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<blockquote><div><p>I can't help but watch with glee all the concerns floating around about Cardano's blocks being too full. I recall the ghostchain narrative for years, the no use and utility. Suddenly we are too busy? </p><p>In reality, Cardano is designed to operate at these loads and there is a huge…</p></div>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1736793224163848493?ref_src=twsrc%5Etfw" target="_blank">December 18, 2023</a></blockquote>
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<p>Hoskinson reassured the community about Cardano’s robust fundamentals and scalability for decentralized applications (DApps), achieved without the influence of venture capital, media hype, or influencers. The recent listing of Cardano in new trading pairs on Binance is seen as a strategic move to enhance exposure and expand the potential user base.</p>
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