Cardano

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 In a recent tweet, <a href="https://twitter.com/IOHK_Charles/status/1679010944029020165?s=20" rel="noopener noreferrer nofollow">Charles Hoskinson</a>, the visionary creator behind Cardano, expressed his excitement about the success of the CIP-1694 workshop held in Edinburgh. The event attracted a diverse group of enthusiasts, with over 1,000 attendees from all around the world, spanning the continents. 
 <a href="https://u.today/cardano-status-questioned-after-this-key-developer-insight-goes-live" rel="noopener noreferrer nofollow">card</a> 
 Hoskinson commended the community for its active participation in the workshop and integration into the process. He emphasized the significance of this collaboration, as it sets a positive tone for the future of <a href="https://u.today/cardano-status-questioned-after-this-key-developer-insight-goes-live" rel="noopener noreferrer nofollow">Cardano</a> and underscores the strength of its vibrant community, which he believes to be unrivaled in the crypto space. 
 <blockquote class="twitter-tweet"> 
 The first day of the CIP-1694 workshop in Edinburgh was a great success. We have a large, diverse group here from South America to Asia and we are unpacking the 50+ workshops attended by more than 1,000 people. Today, we'll be covering some of the more delicate topics like real…— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1679010944029020165?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 12, 2023</a> 
 </blockquote> 
 However, while the workshop received accolades and showcased the dedication of the Cardano community, the native blockchain token, ADA, has yet to mirror the same enthusiasm. 
 <h2 id="cardano-ada-price-action">Cardano (ADA) price action</h2> 
 Despite trading within an upward wedge pattern for the past month, <a href="https://u.today/heres-whats-next-for-cardano-ada-as-tokens-price-seems-ready-to-explode" rel="noopener noreferrer nofollow">ADA</a> has struggled to surpass the critical zone between $0.3 and $0.32 per token. This resistance suggests a bearish scenario in the near term, accentuating the significance of breaking through this threshold to trigger a bullish trend. 
 <img alt="" data-entity-type="file" data-entity-uuid="c1fb1378-37db-4bd1-9455-9c96ecddba25" src="https://u.today/sites/default/files/inline-images/ADAUSDT_2023-07-12_14-53-58.png">Source: <a href="https://www.tradingview.com/x/J0gDgJWO/" rel="noopener noreferrer nofollow">TradingView</a> 
 Some might opine that Cardano's progress, as highlighted by ongoing workshops and discussions, may not be sufficient to ignite a notable surge in ADA's value. It may be asserted that additional fundamental developments and reports may be necessary to sway investor sentiment toward a more bullish outlook. 
 <a href="https://u.today/heres-whats-next-for-cardano-ada-as-tokens-price-seems-ready-to-explode" rel="noopener noreferrer nofollow">card</a> 
 As Cardano strives to establish itself as a fully decentralized autonomous organization, Hoskinson's enthusiasm and the committed involvement of the Cardano community lay a solid foundation for the project's future. Nonetheless, it remains to be seen how these developments will translate into a tangible boost for <a href="https://u.today/cardano-millionaire-whales-on-steady-buying-spree-as-ada-price-teases-next-move" rel="noopener noreferrer nofollow">the ADA price</a>, and market participants definitely await heavyweight catalysts that could potentially shift the token's trajectory.
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Cardano Creator Reacts to Major News: Here's How ADA Price Is Doing

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