• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano's Vision: Speed Enhancement and Integration

user avatar

by Giorgi Kostiuk

2 months ago


Cardano, the well-known blockchain project founded by Charles Hoskinson, is again making waves with exciting updates. The project aims to strengthen its presence in the world of decentralized finance (DeFi) and improve the blockchain’s speed.

DeFi Integration on Cardano

One of Cardano's key goals is to introduce Bitcoin-like decentralized finance principles into its ecosystem. This will allow users to handle their finances without relying on banks or middlemen. The aim is to create a secure and decentralized system of financial services.

Cardano's Speed and Integration

Blockchain speed remains a crucial challenge. The upcoming update, Ouroboros Leios, aims to increase the number of transactions per second, thereby supporting more users and applications. Cardano also plans to integrate with other blockchain projects, including Chainlink and Ripple Labs, to expand its ecosystem.

The blockchain should not be an 'island' but rather a 'peninsula,' said Hoskinson.Charles Hoskinson

Cardano's Community Focus

Hoskinson clarified that IOG revenues would not be used for funding new projects on the platform. Instead, the platform's growth will be supported by the community, with developers and users playing a leading role. Despite short-term changes in the ADA token price, Cardano maintains a top 10 CoinMarketCap position.

Cardano continues to develop and reinforce its position in the decentralized finance market. Despite short-term token price fluctuations, the project's long-term prospects remain positive.

0

Share

Other news

Kraken Advances in Canada for Cryptocurrency Operations

Kraken successfully registers in Canada, adhering to regulatory standards for crypto operations.

user avatarGiorgi Kostiuk

a minute ago

Growth Potential of MAGACOINFINANCE and Its Appeal to Investors

MAGACOINFINANCE attracts attention with significant growth potential and 2025 prospects.

user avatarGiorgi Kostiuk

12 minutes ago

Nasdaq Volatility and Tech Giants: 'Mag7' Impact Analysis

An article on 'Mag7' tech companies' impact on Nasdaq volatility and the role of corrections in preventing financial crises.

user avatarGiorgi Kostiuk

12 minutes ago

Holder Profitability Declines for XRP, Solana, Dogecoin Despite Market Cap Growth

Surprising drop in holder profitability for XRP, Solana, and Dogecoin despite growth in crypto market capitalization.

user avatarGiorgi Kostiuk

21 minutes ago

Impact of Tariffs on Economic Growth and Inflation: New Challenges

Tariffs slow the economy and increase inflation, posing stagflation risks.

user avatarGiorgi Kostiuk

22 minutes ago

Blackrock and Galaxy Digital Strengthen Positions in the UK Crypto Market

Blackrock and Galaxy Digital bolster their roles in the UK cryptocurrency sector with new licenses and growth strategies.

user avatarGiorgi Kostiuk

22 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.