Smart contract developer Phil DiSarro has expressed his bullish sentiments on the prospects of the Cardano (ADA) blockchain. DiSarro highlighted the availability of developer tools, which have made it easier for developers to build on Cardano and expand the ecosystem. He believes that an influx of developers will lead to an increase in decentralized applications (dApps), boosting Cardano's utility and attracting more users. DiSarro also highlighted the advantages of Cardano's zero-knowledge (ZK) primitives in industries like finance and healthcare, as well as the network's ability to handle a higher volume of transactions without compromising security or decentralization. The L1 security features and account abstraction of Cardano position it as a leading option for DeFi and enterprise use cases, which could drive ADA demand. Additionally, features like Babel Fees will increase the utility of ADA and other tokens in the ecosystem. As of now, Cardano's price is trading at $0.3535, up by 4% in the past 24 hours.
- Content Editor ( u.today )
- 2024-10-12
4 Reasons to Stay Bullish on Cardano