Pi Network is nearing its Open Network phase, Ripple XRP is experiencing significant growth, and Cardano ADA is strengthening its position.
Pi Network: Important Updates
Pi Network officially launched on March 14, 2019. The main goal of the project is to allow users to mine cryptocurrencies using mobile devices. The absence of the Pi token and open mainnet makes the project somewhat controversial. Currently, one million more KYC verifications are needed to meet the target by November 30. The community anticipates that in December, the open mainnet roadmap will be unveiled, allowing for official buying and selling of Pi tokens.
XRP: Solid Performance
Ripple XRP surged 83% in a week, reaching a three-year high of $1.20. Analysts predict further gains, potentially reaching $1.50.
ADA Forecasts
Cardano ADA reached $0.75, marking a 130% increase in two weeks. Experts anticipate the bull run will continue due to strong network fundamentals and no scheduled token unlocks. The high Minimum Attack Vector (MAV) also contributes to the cryptocurrency's stability.
Current events in the cryptocurrency markets demonstrate dynamic changes, with prospects emerging for various projects such as Pi Network, Ripple, and Cardano.