So, Cardano (ADA) has shuffled its way back above the oh-so-important $0.60 line, but don’t pop the champagne just yet. The bulls are basically standing around awkwardly, unsure if this is a step forward or just a fancy shuffle backward. Yeah, ADA’s been hanging out in the red zone for the past 24 hours, mimicking the entire crypto party’s “maybe we should be careful” vibe.
Right now, ADA’s down a modest 0.57%, languishing at $0.6164. It’s like that guest at a party who *almost* starts a dance but then just awkwardly taps their feet.
After tumbling off a bit of a cliff from its April 13 peak at $0.668, ADA staged a tiny comeback from the depths of $0.595 on April 16, peaking briefly at $0.629 on Thursday. Now, in classic stubborn fashion, it’s wrestling to keep its sweaty little grip on $0.61 this Friday morning.
Looking uphill, hopeful buyers are lining up but getting side-eyed by sellers camped near the moving averages. If ADA manages to sneak and close above the 50-day SMA at $0.70, all bets are off—it might just backflip up to a dreamy $0.83.
But beware the pessimists: sellers might crank the pressure, trying to shove ADA below the $0.58 safety net. Should they pull off this stingy move, we’re talking a nosedive down to $0.50. And if that fortress falls? Brace yourselves—$0.40 is calling, and it’s not a drill. Buyers will probably grab their pitchforks to defend, or just throw a tantrum on Twitter.
Cardano Rolls Out a New Node Because Of Course It Does
In other thrilling Cardano news, it’s dropped Node 10.3.1—a shiny new software release aiming to speed things up, cut memory hogging, and basically give ADA the equivalent of a double espresso shot.
The GitHub crew say this update turbocharges execution speed, trims memory usage, and speeds synchronization. Plus, it jazzes up the tracing system and brings “lightweight checkpointing” to get ready for something fancy called Ouroboros-Genesis. Sounds fancy—probably important if you don’t want your crypto journey to feel like dial-up internet.
Oh, and there are bug fixes too. Because bugs are annoying, and apparently, this version makes some CLI commands less grumpy. They’ve also polished up the node and “submit-api” docker images for smoother ops. (No, it’s not a culinary recipe.)
But a word to the wise: it’s still a prerelease. That means it’s out there like a test driver on a race track—fun to watch, not quite ready to race your grandma to bingo night. So, avoid putting this node into “production mode” unless you enjoy living on the edge.
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2025-04-18 18:23