Cardano founder Charles Hoskinson said February will be “very crazy” for the project. Hoskinson implies that there will be great changes in the ecosystem, even though he did not give details in his statements. Recently, these words have attracted the attention of investors for the island, which has experienced mobility in both technological and political fields.
CARDANO’s governance and technical updates
In recent months, the island has made significant changes in the management mechanism to a more democratic ecosystem. Plomin Hard Fortu, which ensures that the network is completely decentralized, was completed this week. This update made the community more say on the network.
In addition, Cardano’s solutions are expanding the usage areas of block chain technology. Especially the projects that focus on authentication, sustainability and traceability increase the adoption of the island ecosystem in different sectors. These developments may be the basis of the great changes that Hoskinson mentioned.
CARDANO and political connections
Recently, the island has started to make a name for itself in political debates. Some experts think that Hoskinson may take part in a position to direct crypto policies under the US administration. This strengthens the possibility that Cardano can be used in government -supported projects.
It is also claimed that the US government can adopt island technology in official processes. Especially in future elections, the use of block chain -based secure voting systems is on the agenda. Such usage areas may increase the corporate acceptance of Cardano.
Cardano Foundation’s Research: Distribution of Solutions
According to the Cardano Foundation’s new research, projects developed in the island ecosystem are divided into three main categories. The Foundation examined 582 different solutions and classified them under the headings of traceability, originality and sustainability.
According to the research, 30 %of the projects focus on traceability solutions that provide follow -up of digital and physical assets. 15.4 %is working to develop environmental and social sustainability projects. The largest category stands out as identity authentication and safety solutions with 54.6 %.
Effect on island price and market expectations
Hoskinson’s statements and developments in the ecosystem have increased optimism among investors. However, these positive news has not yet been reflected in the price of the island. Low volatility in the crypto market caused a decrease in the island’s trading volume.
Cardano’s $ 3 support level is maintained, the price is expected to turn to $ 3.5-3.6. However, if the support level is broken, the island is expected to decline to $ 2.8. Investors will closely follow the mobility in Cardano in the coming weeks.
