- Cardano has seen significant growth this year.
- The network is gearing up to surpass its competitors.
- Cardano has leveled up development on its network.
- Would Cardano be able to surpass Ethereum?
Given the recent rise in network issues on Ethereum and Bitcoin, including congestion and high fees, users and projects are looking for viable alternatives, and Cardano has emerged as a solid option, given its strong start to the year.
Cardano’s development team is all hands on deck as it expands the network and enhances its capabilities to catch up to its competitors. This year, the Proof-of-Stake (POS) chain has introduced a flurry of solutions, protocols, and new smart contracts, solidifying its reputation as a formidable contender and contributor in the DeFi space.
Chasing Competitors
Cardano has long been heralded as an “Ethereum killer” blockchain, owing to its research-driven approach and invaluable contributions to the crypto sphere. Over the years, the POS chain has successfully attracted developers to build smart contracts on its Plutus platform, allowing it to close in on its pursuit of competitors.
Development on Cardano has seen significant growth…
