Cardano 2023, Is It Undervalued?

1 year ago
14

Cardano in 2023 has a lot of big things coming. Cardano will have stablecoins for the first time and everybody knows how badly Cardano needed stablecoins. USDA is a fully regulated stable coin pegged to the dollar. DJED, another stablecoin coming to Cardano is an algorythmic stablecoin which should be available for users in January of 2023. 2023 will also see Cardano get HYDRA, HYDRA is an L2 solution for transaction speeds on Cardano. HYDRA promises speeds of up to 1 million TPS, this would put Cardano in a league of its own. In terms of development Cardano is number one. Cardano has more devs working and releasing updates than any other blockchain. Cardano is definitely strong on this front and has a solid community waiting for every little nugget of development dropped. Cardano isnt done yet, it will be releasing a privacy chain called Midnight with a token called DUST. Cardano is going to have a big year ahead.
#cardano #stablecoin #hydra #privacycoin #commits

https://dailyhodl.com/2022/12/25/crypto-sharks-are-heavily-accumulating-cardano-taking-dip-buying-of-ada-to-new-level-analytics-firm/

https://www.coindesk.com/tech/2022/11/18/cardano-based-regulated-stablecoin-usda-will-hit-the-market-in-early-2023/

https://u.today/cardano-ada-to-launch-djed-heres-what-you-should-know-about-algorithmic-stablecoin

https://www.crypto-news-flash.com/cardano-to-scale-up-to-1000000-tps-with-hydra-for-super-fast-payments-project-will-foster-adoption-and-growth/

https://coinmarketcap.com/headlines/news/cardano-continues-king-dev-activity-price-2023/

https://u.today/cardano-could-be-extremely-undervalued-according-to-santiment

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