Anaisomari
Sunday, June 11, 2023
Ledger - Crypto Beginners Pack
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop
No Result
View All Result
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop
No Result
View All Result
Anaisomari
No Result
View All Result

Cardano Faces Institutional Inflows as Investors Pull Funds from Ethereum and Bitcoin to ADA

June 5, 2022
in Cardano
0

Arman Shirinyan

Cardano may beat Ethereum and Solana as institutions see more potential on network than ever

Cardano is seeing inflows of funds from institutional investors as the demand for the network is on the rise following many upcoming releases and solutions, putting the ecosystem in one category with giants like Ethereum, per CoinShares.

The most interesting part of the report is not the existence of rising inflows, but the rate of reallocation of institutional funds. Ethereum and Solana are being actively drained as ADA gains more confidence among institutions.

At the current pace, in the next few months, the volume of ADA held by institutions will exceed Ethereum holdings. The most likely cause of the outflow of funds from Ethereum is recent issues with Beacon chain that are possible on the mainnet after the Merge.

Ads

Security concerns could become a massive issue for investors, especially institutions that tend to choose stable investments over speculative ones. The block reorganization may have caused a replication of all transactions and operations on the main network that have happened while it was present.

Cardano is growing while getting ready for summer releases

Previously, U.Today covered the massive growth of the network, as Cardano recorded a 368% YTD increase in daily on-chain transactions. Such a strong increase is tied to the release of the first decentralized applications and solutions built on the ecosystem.

The biggest and most awaited update for Cardano is Vasil Hard Fork that will bring several CIPs to life. Expected network upgrades will decrease transaction fees and processing time, making Cardano one of the cheapest and fastest networks in the industry.

At press time, Cardano trades at $0.5 and loses around 1.6% of its value in the last 24 hours.

This news is republished from another source.


Previous Post

Former UFC Champion Chuck Liddell to Invest In Shiba Inu, Dogecoin, and Safemoon

Next Post

Terra fiasco triggers bigger backstop for TRON’s stablecoin

Next Post

Terra fiasco triggers bigger backstop for TRON’s stablecoin


Name Price
bitcoin
Bitcoin (BTC)
$25,853.00
ethereum
Ethereum (ETH)
$1,750.94
USDEX
USDEX (USDEX)
$1.08
tether
Tether (USDT)
$1.00
binancecoin
BNB (BNB)
$238.14
usd-coin
USD Coin (USDC)
$1.00
ripple
XRP (XRP)
$0.51
staked-ether
Lido Staked Ether (STETH)
$1,749.99
cardano
Cardano (ADA)
$0.269395
dogecoin
Dogecoin (DOGE)
$0.061774


Crypto News

Ethereum’s Vitalik Buterin, Polygon’s Sandeep Nailwal Donate $100 Million To COVID-19 Research – NewsBTC

June 10, 2023

Meme culture in crypto with Dogecoin, Shiba Inu, and DogeMiyagi – Analytics Insight

June 10, 2023

Founders of Three Arrows, Failed Crypto Fund, Are Living Large – The New York Times

June 10, 2023

Bitcoin

Founder of SEC Office of Internet Enforcement Warns of Upcoming … – Bitcoin News

June 11, 2023

No Result
View All Result

Pages

  • Latest Crypto News
  • Live Rates
  • Privacy Policy
  • Shop
  • Terms of Service

Tether

Bitcoin and Tether Dominance Surge as Investors Seek Shelter – BeInCrypto

June 10, 2023

Solana

Ethereum Competitor Solana Witnesses 86% Increase in Monthly Active Addresses in May: Crypto Data Firm Nansen – The Daily Hodl

June 10, 2023

Solana (SOL), Moderate Volatility and Falling Saturday: Is it Time to Cash Out? – InvestorsObserver

June 10, 2023

Advertisement

  • Latest Crypto News
  • Shop
  • Privacy Policy
  • Terms of Service

© 2022 Anaisomari.com

Knife Sharpening in North Vancouver

No Result
View All Result
  • Crypto News
  • Bitcoin
  • Ethereum
  • NFT
  • DeFi
  • Blockchain
  • Metaverse
  • Altcoin
    • Tether
    • Solana
    • Binance Coin
    • Dogecoin
    • Polkadot
    • Terra
    • Cardano
    • Safemoon
    • Avalanche
    • Chainlink
    • Shiba Inu
    • Litecoin
    • Bitcoin Cash
  • Live Rates
  • Shop

© 2022 Anaisomari.com

Knife Sharpening in North Vancouver

  • bitcoinBitcoin(BTC)$25,853.00-2.27%
  • ethereumEthereum(ETH)$1,750.94-4.87%
  • USDEXUSDEX(USDEX)$1.080.27%
  • tetherTether(USDT)$1.000.08%
  • binancecoinBNB(BNB)$238.14-8.04%
  • usd-coinUSD Coin(USDC)$1.000.01%
  • rippleXRP(XRP)$0.51-4.98%
  • staked-etherLido Staked Ether(STETH)$1,749.99-4.84%
  • cardanoCardano(ADA)$0.269395-6.47%
  • dogecoinDogecoin(DOGE)$0.061774-11.72%
  • tronTRON(TRX)$0.069518-1.92%
  • solanaSolana(SOL)$15.64-7.96%
  • litecoinLitecoin(LTC)$76.93-13.02%
  • matic-networkPolygon(MATIC)$0.60-14.77%
  • polkadotPolkadot(DOT)$4.49-8.81%
  • binance-usdBinance USD(BUSD)$1.000.27%
  • daiDai(DAI)$1.000.17%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$25,818.00-2.44%
  • shiba-inuShiba Inu(SHIB)$0.000007-12.53%
  • avalanche-2Avalanche(AVAX)$11.70-13.22%
  • leo-tokenLEO Token(LEO)$3.49-1.17%
  • uniswapUniswap(UNI)$4.06-10.57%
  • chainlinkChainlink(LINK)$5.21-12.11%
  • okbOKB(OKB)$41.79-6.74%
  • moneroMonero(XMR)$137.34-3.58%
  • cosmosCosmos Hub(ATOM)$8.22-9.69%
  • stellarStellar(XLM)$0.082136-6.59%
  • ToncoinToncoin(TON)$1.47-13.23%
  • ethereum-classicEthereum Classic(ETC)$15.00-10.81%
  • true-usdTrueUSD(TUSD)$1.00-0.25%
  • bitcoin-cashBitcoin Cash(BCH)$102.77-6.93%
  • internet-computerInternet Computer(ICP)$3.70-11.96%
  • lido-daoLido DAO(LDO)$1.80-12.81%
  • quant-networkQuant(QNT)$103.98-1.53%
  • filecoinFilecoin(FIL)$3.50-12.20%
  • GGTKNGGTKN(GGTKN)$0.1123210.89%
  • hedera-hashgraphHedera(HBAR)$0.045030-5.21%
  • crypto-com-chainCronos(CRO)$0.054390-4.46%
  • ArbitrumArbitrum(ARB)$0.98-12.59%
  • AptosAptos(APT)$5.96-17.48%
  • vechainVeChain(VET)$0.015538-7.24%
  • nearNEAR Protocol(NEAR)$1.20-11.67%
  • paxos-standardPax Dollar(USDP)$1.00-0.04%
  • fraxFrax(FRAX)$1.000.07%
  • EdgecoinEdgecoin(EDGT)$1.00-0.03%
  • the-graphThe Graph(GRT)$0.102169-5.06%
  • BSCEXBSCEX(BSCX)$236.46-9.00%
  • rocket-poolRocket Pool(RPL)$43.85-7.37%
  • apecoinApeCoin(APE)$2.27-17.19%
  • Rocket Pool ETHRocket Pool ETH(RETH)$1,880.76-4.83%