is it warning for Cardano (ADA) holders ? ๐ด
๐ Cardano Founder Warns: "Not Holding $ADA Is Cause for Concern" โ ๏ธ
๐ข Charles Hoskinson recently addressed a pressing query on Twitter, subtly hinting at the importance of holding ADA coins amid the ongoing crypto bull market.
๐ณ Cardano, a renowned Proof-of-Stake (PoS) blockchain network, is lauded for its stability and forward-thinking development efforts. Founded in 2017 by Charles Hoskinson, co-founder of Ethereum, Cardano aims for commercial-grade utilization.
๐ Responding to a Crypto X user's query about asking potential partners about their ADA holdings, Hoskinson emphasized that not owning $ADA is a significant warning sign.
๐๏ธ Cardano Foundation & Blockchain Voting
๐ณ๏ธ In a recent interview, Cardano Foundation CEO Frederik Gregaard revealed discussions with several US states for developing blockchain protocols to enhance election transparency.
๐ฌ๐ง Similar initiatives are observed in the UK, reflecting a growing inclination toward blockchain technology.
๐ Experts foresee blockchain as integral to future voting systems, meeting the rising demand for digital transparency.
๐ฎ It remains intriguing to observe how crypto entrepreneurs and blockchain developers engage with government agencies seeking blockchain-based voting solutions.
๐ฐ ADA Price
๐น Currently trading at $0.57, ADA has seen a 12% decline over the past week. Market fluctuations caused a significant drop from last week's $0.65+ valuation.
In summary, holding ADA is not just a financial decision; it reflects confidence in Cardano's future and the potential of blockchain technology in governance. ๐
