cardano (ADA) started 2023 quite well and recorded strong growth. In addition to the improvement in the network, the improvements in the local token price were kind enough to please the ecosystem. In addition to all these, new developments include features that can increase Ethereum killer identification.
Although blockchain technology offers many features in terms of development and usability, it is very difficult to find a developer to do this. Cardano, on the other hand, is a bit lucky in this regard. Although the ADA price hasn’t performed very well over the past year, the developers have continued to build the network.
According to ProofofGitHub data, Cardano outperformed competitors such as Polkadot and Cosmos in terms of improvements. This has helped the altcoin maintain a robust ecosystem with over 4,800 smart contracts on its network and over 1,000 projects currently under development on the blockchain.
Koinfinans.com As we reported, Cardano is actively working on the integration of contract scripts written in Python for the smart contract platform. This innovative development is currently underway and was announced on January 10 via a transaction on the network.
Cardano Network Strengthens
Moreover, CIP-30 also enables ADA hot wallets to gain new functionality, expand their capabilities and attract potential users. This is to ensure the continued growth of Cardano and other competitors such as Ethereum and Tier 2 projects. cryptocurrency A critical element to meet the needs of the market, which can help it stand out among its units.
Founder of Cardano network Charles Hoskinson emphasizing these developments, emphasizing the importance of collaboration with the community. According to the founder, integration will be much better with new developments. This is an important detail that will ultimately help increase the price of the ADA token. On the other hand, these developments will increase the mobility of the network in areas such as NFT.