🏎️ 1,000+ smart contracts / Plutus Application Backend / Shiba Inu Rival Snek

🔥 Today's highlights

Cardano adds over 1,000 smart contracts since start of 2023 - Cardano's development team has focused on improving the network's capabilities, which includes an influx of smart contracts to showcase their technological prowess. (link)

Four open source Plutus Application Backend (PAB) for Cardano - Cardano's developer ecosystem has matured and now offers multiple PAB solutions for deploying and building dApps on its platform. (link)

Cardano Secures Binance Listing for Shiba Inu Rival Snek - Binance recently released a guide on how to purchase SNEK, a Cardano-based memecoin that continues to generate excitement with the potential for significant returns. As the largest crypto exchange, Binance is helping to facilitate this phenomenon. (link)

Foreon Network: Revolutionizing Decentralized Prediction Markets on Cardano - The platform aims to change that by building a decentralized prediction market on the Cardano blockchain, empowering users with a secure and transparent platform. (link)

Cardano’s Hydra: The Scaling Solution of the Future for the ADA Ecosystem, Capable of Handling Thousands of TPS - Hydra's implementation in Cardano is expected to enable over 1 million Transactions Per Second (TPS) by granting scalability. This is due to each "Hydra head" having the capability to handle its own transactions and be linked with other heads as necessary. (link)

Solana (SOL), Cardano (ADA), or HedgeUp (HDUP), Guess Who Experts Believe will Generate 30X Returns in 2023? HedgeUp (HDUP) protocol allows NFT investors to access alternative assets. Analysts are optimistic about HDUP's potential 30X returns compared to Solana (SOL) and Cardano (ADA). (link)

Cardano (ADA) Skyrockets in DeFi TVL Rankings, Here's Potential Reason - Cardano has reached the 16th rank on DefiLlama's total value locked (TVL) rankings for DeFi chains, with $1.83.16 million locked in, including staking. (link)

Adaverse Backs Fonbnk To Integrate Cardano On Its DeFi Platform Revolutionising Crossborder Payments Through Prepaid Airtime - Adaverse, Cardano's accelerator in Africa and Asia, has invested in Fonbnk, a DeFi company providing FX payments through prepaid airtime in developing markets. (link)

Cardano Price Analysis : ADA Price Poised To Drop Below $0.30 in Coming Days - Cardano's price declined in the past two weeks due to bearish sentiment in the overall cryptocurrency market. Despite this, the platform saw some notable developments, including the release of a new smart contract model and project collaborations. (link)

Cardano Feed presents to you the biggest newsletter media dedicated to Cardano ($ADA). Have a wonderful read!

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