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The price of Cardano (ADA) does not burn, despite recent significant progress

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Being at the top of the list of cryptocurrencies for a while now, Cardano (ADA) is today one of the best crypto-coins. More than a year ago, the blockchain project launched a development tool to facilitate the accessibility of ADA Dapps to their users.

The Cardano team has shown dexterity and hard work since the introduction of the digital resource. Cardano is currently increasing the pace of its mass adoption as it is one of the favorite cryptocurrencies today, and there are a number of good reasons behind this.

On October 1, IOHK (Input-Output Hong Kong) declared the release of RUST SDK. He also launched Yoroi Wallet and Cryptocard before his MainNet is published.

There is no doubt that these recent developments and projects by Cardano will mark a new beginning as they would increase the attractiveness of several FinTech companies towards the crypt worldwide.

Cardano & # 39; s Rust SDK

Since the creation of Cardano (ADA), it is ready to favor the creation of Dapps. Cardano was created by IOHK which is owned by Charles Hoskinson, who is also the co-founder of Ethereum. It is important to know that Cardano also uses a peer review system to help with the development of new projects on its platform.

Cardano & # 39; s Rust SDK is a production of Mozilla. It is also an open source library that works well with Haskell to help Dapps developers create Dapp on the Cardano platform. This project offers developers many interesting options to create Dapps suitable for mobile devices. Dapps developers who use the Rust SDK will have a lot of flexibility and efficiency when creating Dapps as it also offers data analysis and blocking queries.

Cardano & # 39; s Yoroi Wallet

Another recent project by Cardano is the creation of a lightweight portfolio known as Yoroi Wallet. The Yoroi portfolio is a secure wallet that helps protect ADA tokens. The portfolio is also supplied with reduced bandwidth usage; It also works as a 'Chrome extension'.

Cardano enters the Cryptocurrency debit market by launching Crypto-card

As part of its research to remain an important digital heritage to be taken into consideration, Cardano decided to collaborate with Mataps to create prepaid crypto-cards for Cardano users to purchase goods from stores in partnership with Cardano.

Thanks to the recent alliance, Cardano users can now have the opportunity to have plastic cards – just like ATM cards, to use their ADA tokens more easily.

Overall, these new steps from Cardano are superb developments, but even more, they have not yet positively influenced the price of ADA in the market, since, at the time of publication, the price of ADA is still trading at $ 0.080 after seeing a decrease of 3.60% in the last 24 hours.

But the current drop may be due to market trends as almost all major virtual currencies are flirting with red at the moment. In fact, only time will tell how far Cardano goes, but the blockchain is definitely making a good move lately. Way to go ADA.

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Disclaimer: this article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of LaughingRaven / Pixabay

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