Cardano

2024

Core

<p>Cardano is under the spotlight in the crypto sphere: its smart contracts have seen unprecedented growth in 2024. Data from January 24th indicates a 67% increase since January 1st. Improvements made to the ecosystem seem to be bearing fruit, especially as Hoskinson, co-founder of the network, predicts positive trends for Cardano in 2024.</p>
<h2 id="h-crypto-explosive-growth-of-smart-contracts-on-cardano">Crypto: Explosive Growth of Smart Contracts on Cardano</h2>
<p>As of January 24th, the cumulative number of Plutus V1 and V2 smart contracts on <a href="https://www.cointribune.com/crypto-les-baleines-cardano-augmentent-malgre-la-stagnation-des-prix/" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> reached 24,050. This represents an <strong>increase of 9,671</strong>, or 67% from January 1st, which stood at 14,979. These impressive figures are reported by <a href="https://lookerstudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/p_a6behjl6oc" target="_blank" rel="noopener noreferrer nofollow">Cardano Blockchain Insights</a>. This growth coincides with the period when <strong>the platform added nearly 10,000 smart contracts</strong> to the surge of development activity.</p>
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<p>An increase in contracts, which itself coincides with the implementation of the Plutus Core language. Since then, the crypto platform has experienced <strong>notable improvements</strong>, particularly in terms of script cost and size reductions.</p>
<p>Despite the development activities, <a href="https://www.cointribune.com/en/crypto-markets/cardano-ada-en/" target="_blank" rel="noopener noreferrer nofollow">the price of ADA crypto</a> strongly depends on the general market trend. <strong>The cryptocurrency is currently facing support</strong> at the $0.45 level, and $0.50 remains the key resistance zone.</p> 
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<h2 id="h-the-optimistic-forecast-of-hoskinson">The Optimistic Forecast of Hoskinson</h2>
<p>All this leads us to question the future prospects of the blockchain and native crypto of the network. <strong>According to Charles Hoskinson, they are very positive in 2024</strong>. He <a href="https://www.youtube.com/watch?v=FetkBnt5X_g" target="_blank" rel="noopener noreferrer nofollow">stated</a> on YouTube that 2024 is a pivotal year for Cardano, emphasizing the “<em>era of Voltaire</em>”.</p>
<p>Inspired by the French writer and philosopher, <strong>Voltaire is the fifth and final stage of the development roadmap</strong> for this blockchain. Its main pillars are democratic governance, institutions, and constitutional representation.</p>
<p>Drawing from the Electric Capital 2023 report, <strong>Hoskinson showcased Cardano’s performance</strong> despite the volatilities of the <a href="https://www.cointribune.com/en/crypto-explosive-growth-despite-numerous-challenges/" target="_blank" rel="noopener noreferrer nofollow">crypto market</a>. This highlights the positive development trends of this ecosystem.</p>
<p>Hoskinson’s reflections, combined with current technological developments, offer a comprehensive and nuanced view of the <a href="https://www.cointribune.com/crypto-revolution-humanitaire-unhcr-adopte-la-blockchain-avec-cardano/" target="_blank" rel="noopener noreferrer nofollow">Cardano blockchain</a>.</p>

Crypto: The year 2024 looks promising for Cardano!

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