Cardano

United

<p>Cardano (ADA) is facing regulatory crackdown in the United States, but it doesn’t hinder its growing adoption and exceptional growth. According to data from “Morning Consult,” ADA adoption has seen a remarkable increase in the past 18 months, with nearly 10 million people (approximately 7% of Americans) currently holding this cryptocurrency.</p> 
<h2 id="h-staking-as-a-driving-force-behind-increasing-adoption">Staking as a driving force behind increasing adoption</h2> 
<p>Cardano continues its conquest and appears to be moving forward unhindered. Recently published <a href="http://cointribune.com/en/cardano-en-plein-essor-plus-de-2-400-nouveaux-wallets-ajoutes-chaque-jour-2/" target="_blank" rel="noreferrer noopener">data</a> from Finbold reveals an encouraging trend: in June, the network recorded an average of 2,446 new crypto wallets per day.</p>
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<p>The growing adoption of Cardano is primarily driven by its unique staking capabilities, which are attracting increasing interest among users seeking to maximize their earnings.</p> 
<p>In fact, staking represents a decentralized financial service that allows crypto holders to earn rewards by validating transactions on a blockchain. With an annual reward of 3%, Cardano offers an interesting opportunity for investors looking to generate passive income.</p> 
<p>According to <a href="http://zycrypto.com/cardano-sees-surging-adoption-in-the-u-s-fueling-super-bullish-ecosystem-growth-for-ada/" target="_blank" rel="noreferrer noopener">Morning Consult</a>, a crypto analytics company, approximately 7% of Americans, or around 10 million people, currently hold ADA. Compared to the 4% recorded in January 2022, this nearly 100% increase reflects the growing enthusiasm for Cardano in the United States.</p> 
<p>In addition to staking, Cardano has maintained a competitive advantage through its commitment to decentralization. The community has actively advocated for greater decentralization, notably through the Cardano Improvement Proposal CIP-1694. This progress, combined with other platform improvements like <a href="http://cointribune.com/marlowe-de-cardano-un-bouquet-doutils-puissants-pour-smart-contracts/" target="_blank" rel="noreferrer noopener">Marlowe</a>, has allowed Cardano to distinguish itself from other altcoins.</p>  
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<h2 id="h-project-catalyst-and-decentralized-finance">Project Catalyst and decentralized finance</h2> 
<p>On June 23, Cardano’s President of Input Output Global (IOG), Tamara Haasen, launched “Project Catalyst”, a decentralized innovation fund designed to support the development and growth of the Cardano network. A significant 50 million ADA tokens have been allocated to this fund, making it the ecosystem’s largest funding pool to date.</p> 
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     <p lang="en" dir="ltr">Earlier this week, IOG President <a href="https://twitter.com/TamaraHaasen?ref_src=twsrc%5Etfw">@TamaraHaasen</a> joined the <a href="https://twitter.com/hashtag/ProjectCatalyst?src=hash&amp;ref_src=twsrc%5Etfw">#ProjectCatalyst</a> town hall to celebrate the official launch of Fund10.<br><br>In her talk, Tamara discussed the significance of Project Catalyst within the <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw">#Cardano</a> ecosystem. She talked about the journey to date, Catalyst's… <a href="https://t.co/n8Y2EVJNPj">pic.twitter.com/n8Y2EVJNPj</a></p>— Input Output (@InputOutputHK) <a href="https://twitter.com/InputOutputHK/status/1672327030069772288?ref_src=twsrc%5Etfw">June 23, 2023</a>
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<p>The Cardano platform is also attracting strong interest among developers. Its architecture, which offers attractive features such as low fees and fast transaction speeds, has attracted a considerable number of developers. Currently, 1,259 projects are under development, 130 of which have already been launched.</p> 
<p>Cardano is experiencing growing adoption in the US, despite recent regulatory challenges. Its commitment to decentralization, attractive staking capabilities and developer appeal make Cardano a major player in the crypto ecosystem.</p>

Cardano: Growing adoption in the USA boosts ADA

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