Global #Cardano

On-chain analytics platform Santiment has recently highlighted a potential scenario that could propel Cardano (ADA) to new heights. The crux of this hypothesis lies in the heavy shorting activity that Cardano is currently experiencing.

Cardano's native cryptocurrency, ADA, has been on a tear lately, experiencing a notable price surge that has captured the attention of investors and enthusiasts alike. The recent rally has fueled speculation about the possibility of ADA reaching the coveted $0.52 mark, a level that has eluded the cryptocurrency for some time.

The cryptocurrency market continues its bearish trend on June 12, 2024, with Bitcoin and major altcoins experiencing further declines. However, the meme coin PEPE is defying the trend, showing a significant price rally.

Cardano, a prominent blockchain platform, is poised for a significant upgrade this month, ushering in its "Age of Voltaire." This news comes from Charles Hoskinson, co-founder of Cardano, who announced the imminent release of Cardano Node version 9.0 in a recent social media post.

Cardano, renowned for its meticulous research-based methodology, is on the brink of a major advancement with the forthcoming Voltaire era. This ultimate phase in Cardano's development plan aims to transform the platform's governance and decentralization, heralding a new phase in its progression.

The Cardano Foundation has teamed up with the province of Entre Ríos in Argentina, aiming to promote blockchain adoption in the region. This collaboration, sealed by a public signing between Governor Rogelio Frigerio and Cardano Foundation's LATAM Lead for Business Development Rafael Fraga, demonstrates Cardano's dedication to expanding blockchain communities and fostering innovation in Latin America.