One of the main premises that I have gone by as I am learning about cryptocurrency is that having a solid foundation is important. I have talked about in previous posts on why I like Cardano.  

Cardano is lucky recently. They were going to be added to FTX. At least that is what Mr. Bankman-Fried had been hinting at. Given that it never got to that point prior to the FTX debacle (It is ongoing) I believe it was spared some of the fallout that other cryptocurrencies have had. They are down, but not as much as Solana, Ethereum, and even Bitcoin (A two-year low!)

Given the recent issues in the broader crypto market, Cardano continues to impress me.  They are seeing a recent spike in activity on their blockchain following the FTX crash. Here is an article outlining this: https://u.today/cardano-network-activity-spikes-on-ftx-crash-heres-detailed-insight

Also, the Cardano founder teased an announcement on the further development of the Cardano ecosystem and blockchain (found here: https://u.today/cardano-founder-has-project-in-development-since-2018-plans-to-announce-it-soon) WIll it be an update on Voltaire? Or will it be an update on the Djed stablecoin?  We will see!!

Finally for today, there was an announcement regarding TPS. Cardano is reportedly set to scale 1,000,000 tps with Hydra on the Cardano Blockchain. https://www.crypto-news-flash.com/cardano-to-scale-to-1000000-tps-with-hydra-for-micropayments-on-ada-blockchain/

A little luck and a lot of good development makes for a solid cryptocurrency.