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Reading: Is the popular Altcoin running for $ 2? Big surprise from the founder
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EdaFace Newsfeed > Latest News > Altcoin News > Is the popular Altcoin running for $ 2? Big surprise from the founder
Altcoin News

Is the popular Altcoin running for $ 2? Big surprise from the founder

vitalclick
Last updated: May 15, 2025 7:05 am
2 weeks ago
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Contents
Midnight update in Cardano is starting a new eraThe target of $ 2 in the island price gains strengthCardano’s ecosystem goal: more harmony, more users

CARDANO $0.817353 Founder Charles Hoskinson introduced the “Midnight” update, which pointed to the new era of the ecosystem with a statement on the Consensus 2025 scene, and the “Glacier AirDrop” plan. These developments strengthened the expectations of short -term rise in the island price. These projects, which Hoskinson will implement with his personal budget, may lead to Cardano’s more inclusive and inter -chain -compatible structure. The optimistic air in the market turned the eye of investors back to the island.

Midnight update in Cardano is starting a new era

Midnight is positioned as Cardano’s new secrecy -oriented side chain. This chain both focuses on the user privacy and aims to provide inter -chain transaction compatibility. Charles Hoskinson stressed that new tokens to be distributed through this chain will be available in different networks. Ethereum $2,610.53Solana and Bitcoin $103,910.46 Within the scope of Glacier Airdrop, which will be compatible with eight different chains, including, a total of 37 million wallets token is planned.

According to Hoskinson’s statement, foreign investment will not be received for the project. The development process will be fully carried out with Hoskinson’s personal financing and the tokens will be distributed directly when completed. This approach is considered as the product of a strategy that focuses on decentralization and user participation. In Cardano’s technical infrastructure, an evolution in this direction can create new opportunities not only for developers, but also for the end user.

The target of $ 2 in the island price gains strength

Following the announcement of Midnight and Glacier, expectations for the price of the island have also changed rapidly. After the $ 3.09 summit in January 2022, the island, which has a significant decline, recovered towards the end of 2023 and entered the radar of investors again. According to the latest data, the price increased by 233 percent. Fibonacci levels, which are frequently used in technical analysis, are critical to $ 1.66. If this level is exceeded, a new rise area may occur up to $ 2,01.

The Consensus 2025 event was the “CCV Risk Model”. The current score of this model, 42, was also seen just before the major price splashes such as 2017 and 2020 in the past. Experts think that this data strengthens the possibility of a similar rally for the island. The general positive atmosphere of the market and the interest in the project are among the main factors that increase the investor appetite.

Cardano’s ecosystem goal: more harmony, more users

With Midnight update, Cardano does not only start a new chain, but also aims to increase inter -platform interaction and developer participation. The spread of Glacier Airdrop to eight different Blockchain networks aims to include not only Cardano users, but also developers and investors in other networks into the ecosystem. In this way, Cardano can reach a wider audience and increase the volume of transaction to a significant extent.

According to experts, this cross -chain approach can be a solution to the long -term scalability and accessibility problems that Cardano has long been targeting. The Midnight chain, which focuses on privacy, may become attractive for both individual users and institutional structures. The fact that the island is currently accepted as “discounted” can also prepare the ground for the re -position of corporate investors.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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