Cardano upgrade underperforms. Meanwhile, Chainlink is seeing significant growth while FXGuys’s new Ethereum-based token is shining.
Cardano’s latest network upgrade, which was highly anticipated by the blockchain community, has performed poorly, leaving investors and developers disappointed. As the upgrade struggles to deliver on its promises, market attention has shifted toward other prominent blockchain projects like Chainlink and a new entrant,its eagerly awaited “Chang” upgrade. This milestone ushered in a new era for the Cardano ecosystem as it pivots towards a more decentralized governance model.
However, according to analysts, ADA might recover to trade at $0.81 by the end of 2024, displaying a 153.13% rebound.Superstate, a blockchain-focused asset management company, adopted Chainlink’s technology on August 12, 2024, to capitalize on the expanding tokenization market. By integrating Chainlink Data Feeds, Superstate plans to bring real-time net asset value data for its tokenized treasury fund onto the blockchain.
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