Cardano 3.0

Cardano 3.0

By SoyRass | Cryptoworldstandard | 1 Sep 2021


Cardano has been seeing a huge run up along with all other cryptocurrencies on this mini bullrun we are currently going on.  Cardano was one of the top gainers going up as much as 300% in the last month alone.  This is due in part to the new update enabling it to implement smart contracts.  Many new projects are set to be started on the Cardano Smart Chain.  Cardano has recently also teamed up with Nervos Blockchain in an attempt to bridge the gap with the chinese market.

 

 

 

 

Cardano aims to have low gas fees giving cryptos like Ethereum a run for their money, especially with the high gas prices many people in the Ethereum network have been dealing with when the network gets congested.  Although Ethereum has aimed to solve the problem with the London Hardfork, many people are still seeing these high fees when the network gets congested.  Cardano may be a good alternative for people that are currently thinking twice about Ethereum because of the high fees.  Cardano seems to just be getting started compared to Ethereum but it is getting a lot of partnerships and building a good ecosystem which looks like it will have a bright future ahead.  In the months to come we may see Cardano and other coins like Ethereum battle it out for the number 2 spot in crypto.  What cryptocurrencies do you think will lead us into the future and do you think Cardano will be on the list?  Only time will tell but things are looking promising as it stands.

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