- Altcoin ADA surpasses 114 million transactions on mainnet.
- This proves Cardano’s blockchain prowess.
- ADA holders hope to see the blockchain’s success reflect on its price soon.
The popular blockchain network, Cardano (ADA), founded by Charles Hoksinson continues to gain a lot of attention this bull cycle. In detail, altcoin ADA surpasses 114 million transactions on mainnet, proving the growing popularity, adoption, and capable prowess of the blockchain ecosystem. Presently, Cardano is recognized as the only truly decentralized blockchain in the space, and analysts hope to see ADA price pump soon.
Altcoin ADA Surpasses 114 Million Transactions on Mainnet
Charles Hokinson, the Founder of the Cardano blockchain, was already a notable figure in the crypto space, as he was already a notable Co-Founder of the Ethereum ecosystem. However, due to differences, he and the other Co-Founders left Ethereum to Vitalik Buterin and went on to pursue their own passions and projects to improve the crypto space. For Hoskinson, it was to build Cardano.
In detail, Hoskinson wanted to build a complete blockchain ecosystem that could withstand the demands of the ages and set a new precedent. He hoped to build a blockchain that could meet future expectations and hoped to help blockchain collaborate together without compromising basic and long-term blockchain requirements. Thus, Hoskinson spent 10 long years making Cardano what it is today.
To highlight, Hoskinson shared a detailed roadmap and made upgrades step-by-step based on heavy research and peer reviews. Only after each step was complete did the team move on to the next. While this led to very slow momentum, the price of a slow and steady approach led to its long-term success. With the latest upgrades since the last bull cycle, Cardano is now recognized as the only truly decentralized blockchain in the space.
How Much Can ADA Pump This Altseason?
In the last couple of years, Cardano completed the final legs of its ecosystem development, allowing users on the blockchain to pursue DeFi options, mint NFTs, and set smart contracts that could last ages with its purely decentralized structure. What’s more, Cardano Midnight Sidechain offer more privacy, security, and makes the whole system highly interoperable and infinitely scalable.
Additionally, the fact that Charles Hoskinson passed a financial audit with flying colors makes him and his blockchain a trusted leader with high integrity. This is likely why more developers and crypto projects are flocking to Cardano (ADA), resulting in Cardano’s ADA surpassing 114 million transactions on its mainnet. Now, ADA holders patiently await the price of ADA to pump and see the same success as its blockchain in the coming altseason peak phase.
