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Cryptocurrency News Articles
Cardano Price Prediction Models Are Now Factoring in the Upcoming Glacier Airdrop
May 18, 2025 at 03:09 am
Cardano price prediction models are now factoring in the upcoming glacier airdrop, which is set to reach over 37 million wallets.
Analysts are closely examining how Cardano’s upcoming glacier airdrop, set to reach over 37 million wallets, could influence the short-term movement of ADA and the long-term adoption of the blockchain.
Analysts are closely examining how Cardano’s upcoming glacier airdrop, set to reach over 37 million wallets, could influence the short-term movement of ADA and the long-term adoption of the blockchain.
With an emphasis on targeting retail users and VCs being excluded from the airdrop participants, the airdrop aims to introduce two tokens: NIGHT, focused on governance, and DUST, designed for privacy transactions.
With an emphasis on targeting retail users and VCs being excluded from the airdrop participants, the airdrop aims to introduce two tokens: NIGHT, focused on governance, and DUST, designed for privacy transactions.
Moreover, Midnight, the sidechain linked to the airdrop, is testing a unique “collaborative economics” model. This allows devs to pay fees in any token they choose, be it ETH, BTC, ADA, or another chain’s native token, while validators can earn cross-network rewards.
Now in testnet, Midnight’s mainnet is expected by year-end. The sidechain is also rolling out a “rational privacy” framework, striking a balance between confidentiality and compliance, which could be crucial for broader adoption.
A recent transfer of 68.7 million ADA, amounting to nearly $53 million, has sparked interest as it was moved from Coinbase to an unknown wallet. While the exact nature of this transfer remains unclear, large-scale movements like this are often linked to strategic accumulation or shifting token holdings off exchanges.
A recent transfer of 68.7 million ADA, amounting to nearly $53 million, has sparked interest as it was moved from Coinbase to an unknown wallet. While the exact nature of this transfer remains unclear, large-scale movements like this are often linked to strategic accumulation or shifting token holdings off exchanges.
Despite this, Cardano’s network continues to grow at a rapid pace. Statistics from Chainalysis reveal that over 225,000 new ADA wallets have been created in 2025 alone, averaging about 1,700 new wallets every day. This consistent increase is a strong indicator of growing interest and adoption in the Cardano blockchain.
In other news, Coinbase recently announced its plans to introduce cbADA, a wrapped version of Cardano. Although the exact launch date is yet to be revealed, the announcement has generated significant buzz among investors, who believe that the addition of cbADA to Coinbase’s ecosystem could broaden ADA’s DeFi utility.
This combination of significant token movements and steady network expansion highlights the dynamic nature of Cardano’s ecosystem. As both on-chain activity and wallet growth continue to escalate, analysts are keenly observing to see what sparks ADA’s next breakout.
Remittix Is Gaining Institutional Attention For PayFi Utility Token
Remittix is coming to the fore as a PayFi infrastructure token designed for fast, secure, and cost-efficient digital transactions. Built for scalability to support high-volume transfers and aiming to bridge crypto with real-world payment systems, it also boasts a modular smart contract layer for easy integration into fintech apps without any compromise on compliance or efficiency.
Its ecosystem enables developers and businesses to build on Remittix for programmable remittances, advanced invoice tracking, and even region-specific payout solutions.
Activity shows interest rising from institutional wallets, especially those prioritizing low-fee networks with transparent governance models. While retail investors are focused on growth potential, larger players are examining utility potential as stablecoin reliance increases in developing markets, a segment Remittix is well-positioned to serve with programmable tokens.
The platform’s focus on transparency and stability through blockchain technology ensures transactions are easily traceable, an attribute valued by institutions. This is powered by RTX, the platform’s native token, which goes beyond being a currency.
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