{"id":22896,"date":"2022-07-15T04:40:03","date_gmt":"2022-07-15T04:40:03","guid":{"rendered":"http:\/\/egrowonline.com\/?p=22896"},"modified":"2022-07-15T04:40:03","modified_gmt":"2022-07-15T04:40:03","slug":"cardanos-new-impressive-developments-ft-same-old-problem","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=22896","title":{"rendered":"Cardano&#8217;s new impressive developments ft. same old problem"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"mvp-content-main\">\n<p>Different speculations around the <a target=\"_blank\" href=\"https:\/\/ambcrypto.com\/?s=Cardano+%28ADA%29\" data-wpel-link=\"internal\" rel=\"noopener\">Cardano [ADA]<\/a> <a target=\"_blank\" href=\"https:\/\/ambcrypto.com\/?s=Vasil+hard+fork\" data-wpel-link=\"internal\" rel=\"noopener\">Vasil hard fork<\/a> have been circulating in the crypto space for the last month. Fair to say, the Cardano community has been buzzing with excitement. Nonetheless, ADA\u2019s price failed to showcase the same enthusiasm despite a number of attempts to climb up the price charts.<\/p>\n<h3><strong>Different day, the same story\u00a0<\/strong><\/h3>\n<p>Cardano, the leading Github development network, saw an influx of developers over the past few months. There are currently more than 1,000 projects being built by developers on the network.<\/p>\n<p>The Vasil hard fork is indeed the top priority. This upgrade would make it much easier for developers to adapt to the Cardano network. It may even attract more developers to the platform, which would further the growth of its entire ecosystem.<\/p>\n<p>Moreover, the number of Plutus-based smart contracts operating on the Cardano ecosystem<a target=\"_blank\" href=\"https:\/\/twitter.com\/orbisproject\/status\/1547219433915121666?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1547219433915121666%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fcardano-vasil-developer-debunks-possibility-of-likely-delay\" data-wpel-link=\"external\" rel=\"nofollow external noopener noreferrer\">\u00a0reached<\/a> a new milestone of 2,900. In addition to this, the network also saw a few other developments and one on the NFT front.<\/p>\n<p>The Metaverse project <a target=\"_blank\" href=\"https:\/\/twitter.com\/CornucopiasGame\" data-wpel-link=\"external\" rel=\"nofollow external noopener noreferrer\">Cornucopias<\/a> officially completed its fifth day of land sales. The sale which spanned over five days has seen the project set the record for the largest land sale on the Cardano network. In total, there were 24,000 Land NFTs put up for sale and each sale saw the lands sold out in a matter of seconds.<\/p>\n<p>Cornucopias is one of the largest play-to-earn projects available on the Cardano network.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Cornucopias Completes The Largest single NFT Land Sale On The Cardano Network <a target=\"_blank\" href=\"https:\/\/t.co\/3kKfaVk53y\" data-wpel-link=\"external\" rel=\"nofollow external noopener noreferrer\">https:\/\/t.co\/3kKfaVk53y<\/a><\/p>\n<p>\u2014 carda.news (@cardanewsfeed) <a target=\"_blank\" href=\"https:\/\/twitter.com\/cardanewsfeed\/status\/1547279904936534017?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" rel=\"nofollow external noopener noreferrer\">July 13, 2022<\/a><\/p>\n<\/blockquote>\n<p>Regardless of the uptick on the network\u2019s developmental front, ADA\u2019s price remained consolidated within a range. At press time, ADA circulated around the $0.42 mark with barely any increase.<\/p>\n<h3><strong>More to come?<\/strong><\/h3>\n<p>Considering the token\u2019s latest performance, Cardano\u2019s price, at press time, was down 86.53% from its all-time high (ATH), and this has caused the social sentiment toward the eighth market cap asset to drop harder than most.<\/p>\n<p>Here, the sentiment is at its most negative territory in the last six months. Thus, matching its bearish crowd perspective from early January.<\/p>\n<div id=\"attachment_246168\" style=\"width: 2556px\" class=\"wp-caption aligncenter\"><a target=\"_blank\" href=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM.png\" data-wpel-link=\"internal\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-246168\" class=\"wp-image-246168 size-full\" alt=\"\" width=\"2546\" height=\"1264\" srcset=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM.png 2546w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-300x149.png 300w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-1024x508.png 1024w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-768x381.png 768w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-1536x763.png 1536w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-2048x1017.png 2048w\" data-lazy-sizes=\"(max-width: 2546px) 100vw, 2546px\" src=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM.png\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-246168\" class=\"wp-image-246168 size-full\" src=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM.png\" alt=\"\" width=\"2546\" height=\"1264\" srcset=\"https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM.png 2546w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-300x149.png 300w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-1024x508.png 1024w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-768x381.png 768w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-1536x763.png 1536w, https:\/\/files.ambcrypto.com\/wp-content\/uploads\/2022\/07\/14130558\/Screen-Shot-2022-07-14-at-5.35.24-PM-2048x1017.png 2048w\" \/><\/a><\/p>\n<p id=\"caption-attachment-246168\" class=\"wp-caption-text\">Source: Santiment<\/p>\n<\/div>\n<p>Well, as the past has been a witness, negative sentiment could give rise to an uptick in the price. <span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">The last time the crowd was this negative was in January 2022 when <\/span><span class=\"r-18u37iz\"><a target=\"_blank\" class=\"css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0\" role=\"link\" href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=cashtag_click\" data-wpel-link=\"external\" rel=\"nofollow external noopener noreferrer\">ADA<\/a><\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\"> rebounded +24% in five days until sentiment turned positive again.\u00a0<\/span><\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/cardanos-new-impressive-developments-ft-same-old-problem\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Different speculations around the Cardano [ADA] Vasil hard fork have been circulating in the crypto space for the last month. Fair to say, the Cardano community has been buzzing with excitement. Nonetheless, ADA\u2019s price failed to showcase the same enthusiasm despite a number of attempts to climb up the price charts. Different day, the same [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[1264,2307,8380,109],"class_list":["post-22896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-cardanos","tag-developments","tag-impressive","tag-problem"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/sergio-camalich-201cKp47r1g-unsplash-1000x600.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22896"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22896\/revisions"}],"predecessor-version":[{"id":22898,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22896\/revisions\/22898"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/22897"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22896"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}