Bullish Statement from Altcoin Founder: “Awakening”

According to Cardano's founder Charles Hoskinson, the altcoin project started to wake up after a long time.

Cardano founder Charles Hoskinson drew attention to the bullish rise in the Cardano ecosystem from his social media account.

Cardano (ADA) is waking up

Charles Hoskinson says, “Don't forget the lots of incredible technologies coming in the next few years. “Cardano is waking up,” he explained.



The statements of the Cardano founder came after the performance of Sundae v3. According to the information shared by Sundae Labs CTO, approximately 9 thousand 264 orders were entered in Sundae in one day. 70% of them are less than one minute; 90% of it was processed in less than 221 seconds.

One of Cardano's new projects

Using automated market maker (AMM) technology, Sundae was launched in the Cardano ecosystem last month as a decentralized exchange. With the latest version of Sundae, 35 transactions can be made per second.

On paper, the popular decentralized exchange can handle 907 thousand 200 transactions in a day.

Cardano, which has encountered the problem of network congestion in the past, has largely resolved this problem with recent updates. According to DefiLlama data, there are assets worth $205.5 million in total in the Cardano network.

In this regard, Cardano ranks 29th among blockchain projects. In front of it are Starknet, Scroll, Near respectively.