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HomeCrypto NewsMarketHoskinson Says Everything Is Getting Better in the Cardano Ecosystem

Hoskinson Says Everything Is Getting Better in the Cardano Ecosystem

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Cardano founder Charles Hoskinson has expressed excitement over the recent developments in the ADA ecosystem, stating that everything is getting better.

Self-acclaimed Chief Meme Officer (CMO) Mintern shared a clip containing these details in an X post on Wednesday. Notably, it came from a recent appearance on Bloomberg Insight by Hoskinson, where he shared exciting progress made in Cardano.

Cardano Having a Lot of Fun: Founder

Specifically, Hoskinson told Bloomberg that things are progressing rapidly for Cardano. “We’re having a lot of fun with Cardano right now,” he said.

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Backing this enthusiasm are the recent collaborations and upgrades debuting on the Cardano ecosystem. He specifically mentioned some of them, including the Midnight sidechain launch, the Ouroboros Leios, and the recent partnership with Google Cloud.

For perspective, Midnight is on testnet, with its NIGHT token airdrop attracting millions of users from over seven different blockchains. The Midnight Foundation also announced it has partnered with Google Cloud to push its zero-knowledge proof (ZKP) infrastructure mainstream. Meanwhile, the Ouroboros Leios upgrade is also nearing implementation, aiming to enhance Cardano’s scalability.

As a result, Hoskinson noted that everything is aligning in Cardano’s favor. He emphasized that the ecosystem has survived its worst days and things are getting better at the moment. On this note, the founder shared that he is looking forward to the bull market.

ADA to Lead the Bull Run?

Another source of excitement for Hoskinson is the resurrected Cardano community. The founder suggested that proponents have become loud again with their “reinvigorated” support, further enhancing the atmosphere around the ecosystem.

Meanwhile, Hoskinson is now excited for what the bull market would bring following these developments. Notably, these strategic events position Cardano as an asset to watch in the ongoing bull market cycle.

Notably, Mintern shares a similar sentiment. The account claimed that Cardano will lead the bull run, citing the positive happenings as a catalyst. It also suggested that ADA could be gearing up for a bullish break to unprecedented prices.

In the meantime, ADA trades at $0.818, down 73.6% from its all-time high of $3.10. A rally past the 2021 peak would entail at least a 280% price growth from here.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Elendu Benedict
Elendu Benedict
Elendu Benedict is a refined cryptocurrency writer with over two years of experience in the field. With a thorough understanding of blockchain technology, cryptocurrencies, and market trends, as well as proficiency with ETFs, DeFi, and Web3, he specializes in writing engaging and educational articles on a variety of crypto-related subjects.

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