Cardano, the world's fifth-largest cryptocurrency by market capitalization, has experienced a boost in social engagements over the last seven days, according to a report from TapTools, a Cardano-based analytics platform. Records showed that Cardano had accumulated over 457.99 million social engagements in the period. This surge appears connected to recent developments within Cardano's ecosystem. Specifically, the release of Cardano's node v.8.0.0. This version brought a new governance action that facilitates conducting on-chain SPO polls. Other additions to the Cardano platform include the debut of the first mainnet-compatible node version of the scaling solution Hydra and the release of Lace 1.1.0. The latter brings several improvements and features for a better user experience. This includes the ability for users to recover their wallets with a 12- or 15-word recovery phrase, and view the prices of their available native tokens. Project Catalyst also held its 125th town hall while Mithril's team released a new 2318.0 distribution. Additionally, discussions regarding the newly launched SNEK Cardano-based meme coin have also been circulating and generating a lot of attention in the industry. Cryptocurrency market evangelist and Cardano founder Charles Hoskinson even made reference to it in wondering what the fuss was about.

All the recent development and news surrounding Cardano propels the cryptocurrency further into the industry spotlight, creating widespread engagement and interests along with it. Cardano is expected to continue recording an increase in social engagements, as more advancements within its ecosystem keep unfolding.



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