Cardano Founder Announces 32 New Tools, ADA Drops Out of Top 1 - Coinspeaker

Coinspeaker
ADA1,01%
BCH-1,32%
HYPE2,73%
BTC0,34%

Key Notes

  • ADA has slipped out of the top 10 after a 30% monthly drop.
  • Bitcoin Cash overtook ADA for the 10th spot.
  • Charles Hoskinson announced a major Logan AI upgrade, adding 32 new tools.

Cardano’s ADA

ADA $0.28

24h volatility: 6.9%

Market cap: $10.27 B

Vol. 24h: $883.46 M

has dropped out of the crypto market’s top 10, replaced by Bitcoin Cash

BCH $524.5

24h volatility: 0.5%

Market cap: $10.45 B

Vol. 24h: $569.42 M

.

This follows a sharp price decline in prices over the past few weeks as the altcoin is down more than 30% over the past month and 5% in the last 24 hours.

At the time of writing, ADA trades near $0.28, giving it a market value of roughly $10.1 billion, ranked 11th.

Meanwhile, BCH stands at $10.5 billion while Hyperliquid

HYPE $34.75

24h volatility: 4.7%

Market cap: $8.28 B

Vol. 24h: $829.62 M

, which briefly acquired 10th position on February 4, is ranked 12th with a valuation of $8.9 billion.

Hoskinson Unveils Major Logan Upgrade

The ranking slide comes alongside a major ecosystem announcement from Cardano founder Charles Hoskinson.

Hoskinson revealed a new release for Logan, an AI-powered bot tied to the Cardano network, branded as “Logan the Exit Liquidity Lobster.”

Related article: Cardano Price Prediction 2026-2036The update adds 32 new tools that allow Logan to pull live data from across the Cardano ecosystem.

The goal is to turn Logan from a posting bot into a real-time information hub that can track tokens, activity, and governance without users needing separate platforms.

What the New Tools Actually Do

The new tools connect Logan to several well-known Cardano services. These include TapTools for token prices and market data, Cexplorer for blockchain activity, Ada Handle for wallet name lookups, and CSWAP for decentralized exchange pricing.

Other additions support token minting, index-style products, governance tracking, and even a decentralized VPN network.

In practice, this means Logan can now check prices, estimate swaps, track governance proposals, and monitor network activity all in one place.

All 32 tools passed internal testing, with 127 tests completed successfully. No breaking changes were introduced, and the tools load automatically once enabled.

Developer Push and Open Collaboration

Hoskinson has openly invited developers to contribute to Logan’s next phase. Builders can submit documentation and integrations to have their projects added directly into the bot’s system.

Interestingly, instead of closed updates, the network is pushing community-driven tooling with projects across the ecosystem, including smaller teams that often struggle for visibility.

nextDisclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Ledger Hits 7.7M Holders as Price Jumps 14%

The XRP Ledger achieved a new milestone with over 7.7 million non-empty wallets, reflecting steady user participation after 13 years of operation. Network activity surged to 46,767 addresses, and XRP's price rose 14%, testing resistance levels around $1.55–$1.70.

CryptoFrontNews1h ago

Bitcoin Surges Above $74K After Rally From $60K Support Level

Bitcoin's price surged from $60K to nearly $74K, marking a 23% increase. Positive momentum indicators suggest continued buyer dominance, with key resistance at $74K and support levels at $72.8K, $71.5K, and $70K.

CryptoFrontNews1h ago

XRP Price Trapped Below $1.44 EMA as Ledger Activity Surges

Key Insights XRP trades near $1.40 inside a tightening triangle while the 200-day EMA caps upside pressure as traders wait for a decisive breakout. Options volume surged more than 90% as traders hedge positions ahead of a potential breakout from the compressed structure. XRP Ledger

CryptoFrontNews2h ago

Here’s Exactly Why the Ethereum (ETH) Price Just Pumped 20%

The Ethereum (ETH) price has climbed around 20% in the past eight days, catching the attention of traders across the market. While price action alone might suggest a simple rebound, there are actually a couple of important developments behind this move that many people overlooked. Top

CaptainAltcoin3h ago

423% Spot Flow Decline Hits Dogecoin (DOGE), Is Demand Quietly Returning? - U.Today

Dogecoin's recent price drop followed a five-day rise, indicating potential demand despite a negative net inflow. Future price predictions suggest resistance at $0.12, while T. Rowe Price's new ETF may boost interest. Traders are also focused on the upcoming Fed meeting.

UToday5h ago
Comment
0/400
No comments