HomeCryptoAltcoinAnalysis of the crypto DOT, ACT, and ADA

Analysis of the crypto DOT, ACT, and ADA

Our column dedicated to the analysis of the crypto world returns, the assets we will analyze today are Polkadot (DOT), The AI Prophecy (ACT), and Cardano (ADA).

Prices and market statistics of crypto DOT, ACT, and ADA

Polkadot (DOT) is one of the most relevant cryptocurrencies in the sector, currently ranked 17th in popularity. Its price is 5.07 USD, with a market capitalization of approximately 7.7 billion USD. 

In recent days, the 24-hour trading volume has reached 681 million USD, confirming investor interest despite the significant drop from its all-time high of 55.13 USD. Currently, there are about 1.5 billion DOT in circulation, and the average holding time is 115 days, indicating good stability among investors. 

Act I: The AI Prophecy (ACT) is an emerging cryptocurrency that is attracting the attention of investors. Currently, the price of ACT is 0.65 USD, with a market capitalization of approximately 614.7 million USD. The trading volume in the last 24 hours has reached 1.2 billion USD, indicating strong market interest. With a circulating supply of 948.2 million ACT, the coin is close to its all-time high of 0.71 USD. 

Cardano (ADA) is one of the main cryptocurrencies by market capitalization, currently ranked 9th in terms of popularity. With a price of 0.54 USD, its capitalization reaches 18.9 billion USD, and the trading volume in the last 24 hours stands at 2 billion USD, demonstrating strong investor interest. There are approximately 35 billion ADA in circulation, and investors hold this coin on average for 295 days, indicating high confidence and stability. 

Polkadot has launched PBA-X: a program for schools

The Polkadot Blockchain Academy has recently launched PBA-X, an innovative initiative aimed at training and integrating the next generation of blockchain and Web3 professionals. This program, structured as a part-time online course over four weeks, follows a cohort-based model, promoting collaboration and collective learning among participants. 

PBA-X aims to provide aspiring industry experts with the fundamental knowledge to take their first steps in the Web3 ecosystem, exploring the key concepts of blockchain, decentralization, and the latest applications in the sector. Thanks to the adopted training methodology, the course aims to create a solid foundation for participants, allowing them to develop practical and theoretical skills effectively and accessibly.

This initiative represents an important step forward for Polkadot, strengthening its position as a promoter of education and innovation in the blockchain field and preparing a new group of professionals ready to contribute to the development of Web3.

The founder of Cardano (ADA) apologizes to XRP

Charles Hoskinson, founder of Cardano, recently took a significant step towards reconciliation with the XRP community, publicly apologizing and seeking to move past the long-standing dispute that had put him at odds with Ripple. 

In a gesture that highlights the willingness to build bridges, Hoskinson has proposed two opportunities for collaboration to bring the two communities closer and create new synergies in the blockchain sector. 

One of the most significant proposals is the integration of Cardano’s Midnight sidechain, an innovative solution aimed at improving the privacy and security of transactions. The integration could bring mutual benefits to both the Cardano network and Ripple, allowing both to make the most of their respective technologies. 

This move represents not only a gesture of détente, but also an opportunity to explore new possibilities for cooperation within a sector in constant evolution, potentially creating value for both communities involved.

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