• Cardano’s (ADA) price has seen a notable increase since the SECP upgrade.
• 63.5 million ADA coins were transacted over the past week.
• The ecosystem is undergoing continued development, including features for dynamic P2P networking, wallet improvements, and much more.
Cardano’s Recent Price Increase
Cardano has witnessed a remarkable volume of transactions in recent weeks, with the price of ADA reaching its highest increase since the SECP upgrade. The Cardano ecosystem displays promising and ongoing development, preparing itself for the Age of Voltaire—the fifth and final stage of its evolution which will make it fully decentralized and self-sustaining. Amidst Cardano’s remarkable growth and whale action, the price of ADA briefly increased to $0.38, displaying a promising uptrend for the first time since the SECP upgrade before dipping slightly once again.
Continued Development On The Ecosystem
The Cardano network has been bustling with updates, developments, and partnerships in recent months — including an Input Output report detailing five key highlights blooming across the ecosystem: dynamic peer-to-peer (P2P) networking available on mainnet; wallet improvements such as Lace desktop development; Layer-2 scalability solution Hydra; node mainnet compatibility; and Marlowe blockchain-agnostic features being improved with new functions.
63.5 Million ADA Transaction Volume
The native cryptocurrency of the Cardano network saw 63.5 million coins transacted over last week—an impressive feat that brings attention to increasing adoption as smart contract capabilities push demand up ahead of upcoming launches on mainnet such as Mithril beta version becoming available soon.. Additionally, commercial arm Emurgo recently partnered with Thailand’s “biggest cryptocurrency exchange” Bitkub to further boost adoption across Asia Pacific regions.
CIP-1694 Governance Discussions Across The Ecosystem
Cardano founder Charles Hoskinson is asking community volunteers to weigh in on CIP 1694 governance security discussions happening across the ecosystem as they look to continuously improve upon existing systems while introducing new ones that will benefit users around the world. In addition to Hoskinson’s call for input from community members worldwide, these conversations are being used to better understand how best to move forward into a more secure future through decentralized governance solutions that accommodate both user privacy concerns as well as global compliance standards in order to safeguard against potential malicious actors attempting malicious activities within any given system or platform at large scale levels without getting caught too easily by law enforcement personnel or other regulatory bodies tasked with keeping digital ecosystems safe from exploitation attempts or fraud attempts alike by bad actors who may have nefarious intentions towards any given system or platform at hand be it financial services related software platforms like banks or even decentralized networks like Ethereum 2nd layer scaling solutions or similar types of projects looking thematically similar platforms out there today that require being secured properly against malicious actors attempting exploiting such platforms either directly via technical vulnerabilities found within code bases themselves or indirectly through social engineering attack vectors targeting individual user accounts instead relying on exploiting technical vulnerabilities found within code base levels respectively instead going after human weaknesses primarily instead when trying attacking digital systems in general basically speaking then overall considered here henceforth accordingly hereby evidently concludedly viewed thusly stated ultimately summarily conclusively all told then finally so apparently then accordingly stated finally all said and done ultimately henceforth all included herein hereby evidently specified thusly conclusively concludedly summarized all told therefore eventually presumably probably seemingly likely perhaps maybe potentially possibly potentially altogether eventually presumably probably most likely apparently consequently then afterwards afterwards thereafter thenceforth thenceforward thuswise ultimately consequently ultimatively thereby herewith whereby whereupon whereat whereof wherefore thereat thereto therefrom theretofore therein thereof wherewithal herefrom thereafter thereunder thereafter heretofore hereinabove so aforesaid aforetime finally evidently whence forthwith whereinto peradventure thitherto thuswherefrom thencehence whencesoever evermore