Cardano's Upcoming Surge: What to Expect and How to Buy Monero Securely
Cardano's Upcoming Surge: What to Expect and USDT vs USDCHow to Buy Monero Securely
In the ever - evolving world of cryptocurrency, Cardano (ADA) and Monero have caught the attention of many investors. This article will delve into what to expect from Cardano's upcoming developments in Q3 2025 and provide a guide on how to buy Monero securely.
Cardano's Current Standing and Upcoming News
Cardano has firmly established itself in the cryptocurrency market, currently holding the third position in the crypto asset market capitalization rankings with a total market value of around $70 billion. The native token of Cardano, ADA, is currently priced at $1.37, which is lower than its historical high of $2.45.
Cardano's founder, Charles Hoskinson, who is also an Ethereum co - founder, has been vocal about the issues surrounding Tether, the largest stablecoin in the cryptocurrency industry. He emphasizes that the industry must “de - leverage,” “de - risk,” and “remove” stablecoins to avoid a potential collapse. Moreover, Hoskinson has informed the community about the upcoming updates to the Cardano (ADA) blockchain.
One of the significant developments is that after the Cardano hard fork, users will be able to run smart contracts. Most of the upcoming upgrades are expected to occur between August and September this year. These upgrades could potentially be a catalyst for a surge in Cardano's price as they enhance the functionality and utility of the blockchain.
However, Cardano is not without challenges. It is facing a difficult situation with price weakness and negative public opinion eroding investor confidence. Despite having a loyal fan base and a detailed development plan, its actual market appeal has been limited. In the short term, there are no obvious positive news, and the continuous spread of negative information has further dampened investors' enthusiasm. Even if ADA manages to break out of the sideways pattern, it will be difficult to quickly reverse the downward trend.
Price Target and Smart Money Challenge
Given the upcoming upgrades, many investors are setting their sights on a price target for ADA in Q3 2025. Although it's challenging to accurately predict the price, the implementation of smart contracts could attract more developers and users to the Cardano ecosystem. This increased activity may drive up the demand for ADA, potentially pushing the price closer to or even surpassing its historical high.
The so - called “smart money challenge” refers to the ability of Cardano to attract sophisticated investors. With the blockchain's enhanced capabilities after the upgrades, it may become more appealing to institutional investors and large - scale traders. These “smart money” players can bring in significant capital, which could fuel a substantial price increase.
Monero: A Privacy - Focused Cryptocurrency
Monero is a well - known privacy - focused cryptocurrency. Unlike many other cryptocurrencies, Monero uses advanced cryptographic techniques to ensure the privacy and anonymity of its transactions. This makes it a popular choice for users who value financial privacy.
How to Buy Monero Securely
1. **Choose a Reputable Exchange**: The first step in buying Monero is to select a reliable cryptocurrency exchange. Some well - known exchanges that support Monero trading include Binance, Kraken, and LocalMonero. Before signing up, research the exchange's security features, fees, and user reviews.
2. **Create an Account**: Once you've chosen an exchange, create an account. This usually involves providing your email address, creating a strong password, and going through a verification process. The verification process may require you to provide identification documents to comply with anti - money laundering (AML) and know - your - customer (KYC) regulations.
3. **Deposit Funds**: After your account is verified, you can deposit funds into your exchange account. Most exchanges accept deposits in fiat currencies such as the US dollar, euro, or other major cryptocurrencies like Bitcoin or Ethereum. The deposit method varies depending on the exchange and may include bank transfers, credit/debit card payments, or cryptocurrency transfers.
4. **Place an Order**: With funds in your account, you can place an order to buy Monero. There are two main types of orders: market orders and limit orders. A market order will buy Monero at the current market price, while a limit order allows you to set a specific price at which you want to buy Monero.
5. **Store Monero Securely**: After purchasing Monero, it's crucial to store it securely. You can choose between hot wallets (connected to the internet) and cold wallets (offline). Hot wallets are convenient for frequent trading, while cold wallets offer higher security for long - term storage. Some popular Monero wallets include the official Monero GUI wallet, MyMonero, and Ledger Nano S (a hardware wallet).
Conclusion
Cardano's upcoming upgrades in Q3 2025 present an exciting opportunity for investors. The ability to run smart contracts and the potential influx of “smart money” could lead to a significant price surge. On the other hand, Monero offers a unique value proposition with its focus on privacy. By following the steps outlined above, investors can buy Monero securely and add it to their cryptocurrency portfolios. As always, in the volatile world of cryptocurrency, it's essential to DYOR (Do Your Own Research) and invest only what you can afford to lose.
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