CARDANO: The Blockchain’s Most Significant UPDATE 2023 | ADA Price Prediction For The NEXT BULL RUN!

CARDANO: The Blockchain’s Most Significant UPDATE 2023 | ADA Price Prediction For The NEXT BULL RUN!

Finally we have seen some price movement in cardano, Over recent weeks, the cryptocurrency of Cardano blockchain (ADA),
has witnessed a remarkable surge in value. a 59% rally to be precise
and almost 100% over the year.

Cardano holds immense promise, beyond being a mere profit-driven asset. With its foundation rooted in meticulously reviewed academic research, Cardano has fostered a robust community over time.
Backed by a strong technical framework and an ambitious team, and ADA has emerged as one of the leading cryptocurrencies globally.

Today, ADA’s market cap stands at $21 billion, securing its position as the eighth-largest coin.

Cardano has emerged as the blockchain with the highest development activity for a period in Q4 of 2023, surpassing other prominent projects in the cryptocurrency space. Cardano outshined competitors like Polkadot, Kusama, Cosmos, and even Ethereum, securing the top position in terms of notable GitHub commits.

According to DefiLlama data, Cardano (ADA) entered the Top 10 Total Value Locked (TVL) list, replacing Cronos and BASE after a remarkable increase of $400 million in the protocol which indicates remarkable achievement that highlights the strength and appeal of the Cardano ecosystem.

The live ADA price today is $0.59. And it’s still Trading at 80% below its all time high which was recorded on Sep 02, 2021.

NEWS

1. Cardano Foundation Announces Open Source Voting Tool and Future Updates
2. The Cardano Foundation has introduced a new W3C-compliant Identity Wallet that seamlessly interacts with Cardano’s Decentralized Applications (DApps) and supports various identity and credential standards.
3. Cardano Vasil upgrade is live!
Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality last September.

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