Cardano’s (ADA) recent performance did not please its investors, its price action was quite sluggish in the previous week. As per CoinMarketCap, ADA registered negative weekly gains and, at the time of writing, it was trading at $0.3108 with a market capitalization of more than $10.7 billion.
However, things might not remain the same for Cardano in the next year. The developers have several new updates and developments in the pipeline that can change Cardano’s fate for good.
Cardano recently organized its latest Cardano Summit 2022 in which several speakers were invited to discuss multiple topics regarding the blockchain industry.
After the event concluded, it was mentioned in a blog that the Cardano Foundation was pleased to see Summit speakers and attendees consider key benefits and obstacles around decentralization as they applied it to different forms of financial services.
Moreover, Cardano will also enter its much-anticipated 5th era next year, called Voltaire, which will provide the final pieces required for the Cardano network to become a self-sustaining system.
Participants in the network will be able to utilize their stake and voting rights to affect the network’s evolution after the implementation of a voting and treasury system.
Cardano’s [ADA] recent performance did not please its investors, its price action was quite sluggish in the previous week. As per CoinMarketCap, ADA registered negative weekly gains and, at the time of writing, it was trading at $0.3108 with a market capitalization of more than $10.7 billion.
However, things might not remain the same for Cardano in the next year. The developers have several new updates and developments in the pipeline that can change Cardano’s fate for good.
