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In spite of the wonderful performance of Cardano in late years, the development team is in no mood for rest as they proceed to construct new infrastructure and protocols to make the network more scalable.
The Cardano Foundation recently shared its latest monthly wrap-up of on-chain data. A total of 947 proposals have been funded with the project catalyst.
Cardalonia is a decentralized and fully customizable virtual world where players can build, own and customize their own experiences utilizing the Cardano Blockchain and earn $LONIA, the utility token Cardalonia.
Cardano founder Charles Hoskinson has reacted to a user’s claim of sending 56 different Cardano Native Tokens (CNTs) and other NFTs in a two-minute transaction on the network, with a total fee costing about 25 cents.
ADAX, a Cardano-based DEX, releases a new version on testnet as ADAX V2 goes live. ADAX is a custodial and order-book-based decentralized exchange that fits into Cardano’s unique architecture.
The Cardano network is getting ready for several big launches for the ecosystem in the upcoming months. The activity of developers on the network is near record-breaking, and blew is the expectations of the users this summer.
Cardano’s constant development seems to be paying off as the cryptocurrency overtakes two others to become the 6th largest crypto by market capitalization.
On Sunday (May 29), Charles Hoskinson, Co-Founder, and CEO of Input-Output Global (“IOG”), the company responsible for Cardano’s research and development, took a closer look at 24-hour transaction volumes across major blockchains.
Investors and users who wish to bridge their USDC from the Ethereum blockchain to Cardano can now do so through Milkomeda. The user bridges Ethereum-based USDC to Milkomeda and then transfers it to Cardano as Cardano Native Asset.
As stated by “ADA whale,” a Cardano community-focused Twitter account, Cardano remains one of the few coins that comes close to Bitcoin’s distribution and inflation. He also feels that ADA could become a highly scarce asset at some point in the future, as it may follow a BTC-like path.
