- Cardano’s Charles Hoskinson reveals how RareEvo has evolved into a multi-chain summit.
- RareEvo used to focus on Cardano-centric projects alone, until Midnight.
- The Midnight sidechain units several blockchains, allowing greater collaboration.
The Cardano blockchain has gained more attention this bull cycle than any other. While Cardano gained traction in the previous bull cycle for its price increasing, this bull cycle, the attention comes from the tremendous strides in its blockchain ecosystem. Presently, the blockchain is gaining attention for the RareEvo event as Cardano’s Charles Hoskinson reveals how RareEvo has evolved to become a Multi-Chain Summit.
Cardano’s Charles Hoskinson Reveals RareEvo Evolution
Charles Hoskinson has worked 10 long years to make the Cardano blockchain what it is today. To highlight, the Cardano ecosystem had a much slower start compared to the rest of the blockchains inthe crypto realm. To compare, Ethereum had a head start with Hoskinson on its team before its leaders disbanded, leaving Buterin in charge. This was due to several differing visions among its initial leadership.
While all these leaders went on to launch their own blockchain ecosystems in a short time, Hoskinson took his time with Cardano. This slow and steady development of the Cardano ecosystem led to much speculation, frustration, and disappointment from the greater crypto community. However, true Cardano believers and Hoskinson fans steadily believed in the project and continued to hold its native token, ADA and waited patiently for the blockchain to reach fruition.
Now, after 10 long years, Cardano has become the most coveted blockchain ecosystem in the crypto space. Not only does Cardano stand as the only truly decentralized blockchain in the space, but italso offers nearly everything offered by every other blockchain, from NFT minting, DeFi options, smart contracts, gaming, and most recently, Solana-style speed, making ADA one of the most highly bullish altcoins in the crypto space.
Cardano’s RareEvo Becomes a Multi-Chain Summit
Presently, Cardano is gaining traction for the RareEvo Event. This Summit is a popular blockchain and crypto event, bringing professionals, experts, and active community members from various blockchains to one location to celebrate the incredible growth in the sector and to come together to innovate and push the boundaries of the web3 world as we know it.
As we can see from the post above, Charles Hoskinson, Founder of Cardano, states that RareEvo has evolved from being a Cardano-focused event to a multichain summit. This is because of the Midnight sidechain that unites several blockchain ecosystems like Solana and Etehreum to Cardano. Hoskinson is happy to see all these ecosystems come together to solve problem and innovate together rather than against each other.
With all this attention flocking to the Cardano ecosystem, it is inevitable for the price of ADA to pump steadily. Once the new success of the Cardano blockchain reflects on the price of ADA as many analysts expect, the price of ADA could go on to hit a string of new ATHs of its own this bull cycle.
