CRYPTOCURRENCY RESEARCH

Cardano (ADA) Will Rule Crypto in 2021

We’ll talk about institutional interest in ADA and new deals for Cardano in Africa. Find out what’s next for Cardano and why we are so bullish on this project.

Omer KEMAN
7 min readJul 20, 2021

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Today, we’ll go through some of the most recent developments in Cardano’s development. Take a peek at what has gotten the community so enthusiastic. Things have lately begun to heat up for Cardano as we approach the much-anticipated Goguen Era.

Goguen Era and Institutional interest in ADA

Cardano, founded in 2017 by Charles Hoskinson, sparked attention in the cryptocurrency industry by attempting to assault the underlying issues that afflicted Bitcoin and Ethereum. It’s thought in particular to address Bitcoin sluggish transaction speed and rigidity as well as Ethereum scaling concerns.

Cardano and its ADA coin have risen by leaps and bounds since its introduction to become the 5th largest cryptocurrency. Following a hard split, Cardano just became a multi-asset blockchain. Aside from its diverse set of uses and groundbreaking technology, Cardano owes much of its importance to its devoted Community.

Cardano’s project Catalyst has evolved into the world’s largest decentralized, autonomous organization. And the community maintains an active presence across major social networks with strong metrics. Cardano’s price in popularity had been pushed mostly by a strong and committed retail community with the advent of smart contracts and institutions, finally taking notice. So now, the whales are splashing around in the pond, or is it the ocean? According to a report released this week by Coinchairs , institutional investors are beginning to rush into Cardano in anticipation of the Goguen Launched with institutions purchasing over 10 million dollars and ADA. In only last week, it has become one of the most popular crypto-assets.

Indeed Bitcoin and Ethereum were the only assets in the market that you’re more institutional…

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Omer KEMAN

Father, Holder and Researcher | #Arpa | #ETH |#ADA |Cardano |Twitter @primeidea