Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success
According to both Cardano Blockchain Insight and pool.pm, the Cardano (ADA) network has maintained record capacity for nearly two weeks due to the launch of decentralized exchange, or DEX, SundaeSwap, the first of its kind to go live on Cardano. At the same time, the total value locked for the ADA blockchain reached a record […]
Cardano projects SundaeSwap and CardStarter squabble over failed promises to investors
The ongoing drama between two projects built on the Cardano (ADA) blockchain escalated across multiple social media platforms Monday, much to the dismay of the ADA community. The issues began in April when accelerator program CardStarter announced it would launch its own decentralized exchange or DEX. Shortly thereafter, its founders incentivized investors to provide liquidity for […]
SundaeSwap launches on Cardano but users report failing transactions
Cardano’s first decentralized app (DApp) SundaeSwap has launched but is causing a frustration among users due to congestion, platform errors and failed transactions. Is it just a case of expected teething troubles under an influx of excited users or is there more to it? SundaeSwap is a decentralized exchange (DEX) and token staking platform. It’s […]
Cardano goes ‘full send’ with a 50% ADA rally ahead of SundaeSwap launch
Cardano (ADA) traded within striking distance of its three-week high at the start of this week, leading some investors to suggest that a trend reversal was in order. In reality, the bullish momentum is primarily connected to an anticipation of the upcoming decentralized exchange (DEX) called SundaeSwap. ADA price rose by nearly 12% on Jan.17 […]