[Latest news on Cardano] As of 6/3, 2023.

news_pic

1. Cardano Blockchain Development Progress

Cardano’s development activities currently rank it as the 3rd largest, surpassing Ethereum, establishing a strong presence in the market. The introduction of smart contracts has the potential to enhance development productivity. The total locked value of ADA coins is rapidly increasing, with the possibility of surpassing previous all-time highs and experiencing a surge in popularity. The emergence of DeFi (Decentralized Finance) is also expected. However, the current market is uncertain with high volatility, so investors need to remain calm and consider how to navigate this period.

2. Metaverse Virtua Project

In the past six months, the Virtua Project has been focusing on nurturing artists and acquiring active users, which they see as key to the success of the metaverse. Unlike other metaverses, they are building a metaverse specifically tailored to the gaming industry, aiming to become the ultimate gaming hub for gamers. Their goal is to acquire over 1 million active users per day. They believe that the key to Virtua’s success lies in attracting brands and celebrities, as they understand that simply owning land is not enough for growth. They plan to announce new products at a conference in Saudi Arabia.

3. ADA Market Analysis

The price of ADA is currently at 37.34 cents, experiencing a 2.25% decline. However, the decentralized exchange (DEX) trading volume on Cardano has seen a significant increase, especially in meme coin trading. This is a very interesting development for the Cardano ecosystem. While price discovery may still be lacking, the foundational growth of Cardano has only just begun and is necessary to achieve the expected outcomes in the future. Caution is advised with meme coins due to the risks involved, but Cardano holds a favorable position for future growth, including in the fields of artificial intelligence and DeFi.

Quoted URL

https://ｗｗｗ.youtube.com/watch?v=TT3PBmg_f2E
https://www.youtube.com/watch?v=Qor8L7zuIGs
https://www.youtube.com/watch?v=szRzKSA2mnE

AUTHOR

ADA HARVEST

Explanation of Cardano Staking by an Active SPO(Stake Pool Operator)

SHARE

SUBSCRIBE FOR UPDATES

Subscribe our newsletter for regular updates about our company and our apps.







    Ready to get started?

    We prioritize the safety of our delegates and ensure that our operations are safe and secure.
    If you have any questions or concerns, please feel free to contact us.

    Conctact us
    PAGE TOP