Disclaimer: The opinions expressed by our writers are their own and do not represent the opinions of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
Cardano founder Charles Hoskinson has subscriber Areas of focus for the community regarding what to expect from Input Output Global (IOG) next year. Highlighted by Charles Hoskinson Decentralized Bitcoin With his official X account as the first task to be tackled. Although the list is not in chronological order, the protocol's focus on Bitcoin is considered one of its biggest agendas for the coming year.
Cardano is looking forward to a mainstream partnership
The Cardano founder highlighted other focuses of the protocol, including Midnight and Partnerschains. Throughout the year, the Cardano ecosystem has focused on developing the Midnight Network, a protocol it believes is essential to bringing back the privacy-focused innovation of Web3.
Related to
Additionally, Cardano highlighted its full focus on Partnerchains as a way to expand the blockchain ecosystem further. One of his protocols I tried to attract as a partner It is gourand. Although there has been no confirmation of the partnership in recent months, the possibilities remain open in 2025.
Charles Hoskinson and Ripple CTO David Schwartz recently did this as well discussion Midnight Network and XRP. Many in the community speculate that a potential partnership may be in the works.
Meanwhile, Cardano also plans to focus on all the decentralized app upgrades, Midgard, and what Charles Hoskinson said is some additional magic called “The Fire Rises.”
ADA Price: Bottom Line
Amid the planned upgrade, the community is also partly focused on influencing the price of ADA, the blockchain's native token.
Related to
At the time of writing, the coin is trading for $0.8567, down 2.11% over the past 24 hours. Cardano's price decline is not a result of a lack of utility or liquidity; It is based on its connection to Bitcoin.
Overall, the planned upgrades are intended to enhance Cardano's appeal as a protocol, boost ADA adoption, and set the pace for long-term price growth. In the short term, ADA price enjoys historical support restoration $1.20 in the coming weeks.
Source link