This is why WingRiders is now the leading Cardano DeFi protocol

According to DeFi Llama, WingRiders (WRT) is now the leading DeFi protocol on Cardano by Total Value Locked (TVL). The post This is why WingRiders is now the leading Cardano DeFi protocol appeared first on CryptoSlate.

Timeline of Cardano

The price of Cardano (ADA) is in a downward correction, but consolidating in a narrow range between $0.44 and $0.55 price levels. The upward movement was limited by the 21-day line SMA. On June 26, the cryptocurrency was bumped off the 21-day line SMA as the altcoin resumed its downward movement.

On Tuesday (June 28), French cryptocurrency hardware wallet manufacturer Ledger has finally added support for Cardano ($ADA) to the mobile (Android) version of Ledger Live, the application for managing cryptoassets on Ledger devices. Paris-headquartered Ledger was co-founded in 2014 by Eric Larchevêque, Nicolas Bacca, Joel Pobeda, and Thomas France. It currently makes three crypto hardware wallets: Ledger Nano X,

Cardano [ADA], the eighth-largest blockchain in the world has enjoyed huge attention from developers. According to data harvested from GitHub, Cardano registered the highest level of daily developer activity in 2021.

Kaiko, Peaq, and Stella fantasy recently completed successful fundraising rounds, raising millions of dollars. In other news, CardanoVasil Upgrade is coming soon, and the Moroccan Central bank is working to create a crypto regulatory framework.

Over the past week, institutional investors in the cryptocurrency space shifted their bets away from Bitcoin ($BTC) and moved into Ethereum ($ETH) and Cardano ($ADA), which along with a product shorting BTC saw positive inflows. These inflows came during a week in which digital asset investment products saw outflows totaling $423 million, the largest since

The ongoing cryptocurrency market has continued to witness major liquidations. Following a $24 billion decline on 26 June, the total crypto market cap slipped by $9.17 billion on 27 June.

The general cryptocurrency market has continued to reel under increased selling pressure. Despite that on-chain data revealed that some crypto assets had recorded noteworthy growth in the last month.

Input-Output (IO), the company behind the Cardano blockchain, announced today it has submitted the long-awaited update proposal to hard fork the Cardano testnet. The post Cardano commences long-awaited Vasil hard fork appeared first on CryptoSlate.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Cardano's [ADA] recovery over the last nine days tested the 23.6% and the 38.2% Fibonacci resistance levels.

On Tuesday (June 29), the team behind Cardano-powered decentralized exchange (DEX) delivered some great news to its community of users. WingRiders is being developed by Slovakian FinTech startup Vacuumlabs, which is “a software development company that builds modern full stack fintech solutions for startups, scale-ups and incumbent banks.” Vacuumlabs first got involved with Cardano in 2018 when its