Important Cardano News and ADA Price Update: October 21

Earlier this week, Cardano founder Charles Hoskinson began building a new programming language for the protocol with Input Output engineer Lucas Rosa. The language is intended to make transactions smarter, more secure and verifiable without revealing private data, using Groth16 proofs to support intents and PCD. Cardano’s ADA traded near $0.226, up 4.6% for the day, after ranging between roughly $0.20 and $0.28 over the past month. Analyst Ali Martinez said whale holdings fell from about 2.9 billion coins at the start of October to about 2.75 billion, and warned that a daily close below $0.21 could lead to a drop to $0.17.