$ADA is down more than 62% from its record high
Despite criticism, Cardano has shown significant growth over the past year. Earlier this month, the blockchain recentlyAccording to a recent report published by the research arm of cryptocurrency exchange Kraken, the token’s recent price moves are directly linked to growing network activity.
SundaeSwap, the leading Cardano-based decentralized exchange, recently made a debut on the blockchain’s mainnet. Non-custodial banking protocol MELD, non-fungible token platform SpaceBudz and wallet extension Nami are among some of the most prominent projects building on Cardano. The project is currently in the “Basho” era, during which developers will be focused on creating scaling solutions for the blockchain.
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