CARDANO | ADA
Updated
The price of ADA is $0.4 today with a 24hour trading volume of 285 million dollar. This represents a 5.7% price increase in the last 24 hours and a 12% price decline since last month
Ada managed the breakout at 0.38 and had a huge buy volume and now the crucial EMAs (50, 100, and 200) accumulated between the $0.41 and $0.396 barrier accentuate the high resistance zone which needs to be breached for further recovery. RSI and most indicators shows that bulls are in control
Charles Hoskinson, the founder of Cardano, announced that Atala PRISM, the project’s decentralized identity solution, is being open-core adopted by an unannounced large open source foundation. This move aims to accelerate the commercialization of decentralized identifiers and enhance the adoption of secure, private identity management.Atala PRISM is built on the Cardano blockchain, offering a unique approach to identity management where users retain ownership of their identity and have full control over the use and access of their personal data. This decentralized solution ensures that data is shared only through secure, private peer-to-peer communication channels, making it suitable for businesses, governments, and individuals.
Atala PRISM offers numerous advantages for various stakeholders. Businesses can quickly onboard new customers, reduce compliance risks and costs, and deliver seamless user experiences. Governments can issue digital identities and enable instant access to public and private services. Individuals gain ownership of their identity and data, controlling how their personal information is used and accessed
are you bullish on ADA or you think we talking about a stablecoin !?
Ada managed the breakout at 0.38 and had a huge buy volume and now the crucial EMAs (50, 100, and 200) accumulated between the $0.41 and $0.396 barrier accentuate the high resistance zone which needs to be breached for further recovery. RSI and most indicators shows that bulls are in control
Charles Hoskinson, the founder of Cardano, announced that Atala PRISM, the project’s decentralized identity solution, is being open-core adopted by an unannounced large open source foundation. This move aims to accelerate the commercialization of decentralized identifiers and enhance the adoption of secure, private identity management.Atala PRISM is built on the Cardano blockchain, offering a unique approach to identity management where users retain ownership of their identity and have full control over the use and access of their personal data. This decentralized solution ensures that data is shared only through secure, private peer-to-peer communication channels, making it suitable for businesses, governments, and individuals.
Atala PRISM offers numerous advantages for various stakeholders. Businesses can quickly onboard new customers, reduce compliance risks and costs, and deliver seamless user experiences. Governments can issue digital identities and enable instant access to public and private services. Individuals gain ownership of their identity and data, controlling how their personal information is used and accessed
are you bullish on ADA or you think we talking about a stablecoin !?
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easy short
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Trade closed manually
still 88% down from ATH !
and no killer app
disappointed.
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