• Cardano (ADA) is one of the most scalable systems in the world economic forum.
• The native token ADA price could hit a maximum of $1.267 by the end of 2025.
• VOLTAIRE is said to be the final stage of Cardano network for it to become a self sustaining network.
The year 2009 was a major turning point for the fintech industry, as Bitcoin, the first decentralized cryptocurrency, changed the way we think about money forever. But even more than a decade later, there are still many developments in the crypto space that continue to revolutionize the industry. One of the most groundbreaking of these developments is Cardano (ADA), a blockchain protocol that promises to be the most scalable system in the world.
Cardano is a smart contract platform that has been built using a scientific approach, combining elements of mathematics, computer science, economics, and philosophy to create a secure, reliable, and high-performance blockchain protocol. It consists of two layers: the Cardano Settlement Layer (CSL) and the Cardano Computation Layer (CCL). The CSL is the foundation layer that handles transactions, while the CCL is the layer that provides the blockchain’s smart contract functionality.
The Cardano network is powered by its native token, ADA, which can be used to pay for transaction fees, rewards, and other network services. Since its launch in 2017, the ADA token has been steadily increasing in value, and it has been predicted that it could reach a maximum value of $1.267 by the end of 2025.
Voluntaryism is the underlying philosophy of the Cardano network, which is also known as the „VOLTAIRE“ phase. This allows the network to become self-funded and self-governed. As a result, users who hold ADA tokens will be able to vote on the network’s future development and have stake in the network’s operations. This is a major step forward for the network, as it will allow users to have more control over their funds and the network’s development.
In addition, the network is also planning to launch its “Hydra” upgrade, which will provide layer 2 scalability solutions and allow the network to process more transactions at a faster rate. This will be a major breakthrough for the Cardano network, as it will allow the network to become a leader in scalability, security, and performance.
Overall, the future for Cardano looks extremely promising, and its native token ADA could be a major player in the crypto space over the next few years. With its innovative technology, strong development team, and growing community, Cardano could be one of the most successful blockchain networks in the world by the end of 2025.