Cardano was founded by Ethereum’s initial core member Charles Hoskinson. Though Cardano started with great promise and at one point had a market cap of almost 32 billion and costed over $1.20, with the market going down, and constant delays in the project it now stands at just over $1.1 billion. What are the latest updates with Cardano? Though many believe it will compete head to head with Ethereum, others believe Cardano is not a serious project.
As the new decade kicked off, cryptocurrency ADA witnessed a 12.82% price pump. It has finally broken its yearlong bearish trend. Currently, ADA is riding the wave of Cardano popularity. Additionally, it has turned out to be a very promising blockchain project. That’s because it aims to solve the scalability snag of Blockchain networks.
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