- Cardano’s developer count has skyrocketed to 1,287 projects, showcasing its growth potential.
- IOHK’s continuous improvements fortify Cardano’s ecosystem, making it more attractive to developers and users.
- Market predictions suggest a 2.24% ADA price increase to $0.260275 by October 4, 2023.
Cardano is witnessing a surge in developer interest, with a remarkable 1,287 projects actively building on its network. This impressive uptick in developer engagement signifies the blockchain’s growing potential as a decentralized ecosystem.
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Input Output Hong Kong (IOHK), the foundation overseeing Cardano’s development, recently unveiled its latest progress report, shedding light on the platform’s burgeoning popularity. Just a month ago, there were 1,277 projects on Cardano, and the subsequent increase to 1,287 in September is a testament to the growing enthusiasm among developers.
This surge in developer activity signals a thriving community and allows IOHK to evaluate recent network upgrades. The report highlights infrastructure and tooling improvements, including a comprehensive analysis by the performance and tracing team that enhances backend features.
The user-facing Lace wallet, designed primarily for Cardano, has undergone refinements, including fixes to the staking delegation ratio and portfolio resistance. Its user interface has been upgraded to accommodate governance decisions and enable users to connect to more extensions through its native decentralized application (dApp) connector.
Furthermore, the Marlowe team has been working diligently to simplify the process of writing Cardano-based smart contracts. Their code commits have made it easier for developers to import and run relevant packages, ensuring smoother dApp functionality.
Market predictions are also aligning with Cardano’s positive momentum. According to CoinCodex’s Cardano price predictions, the ADA price is expected to rise by approximately 2.24% and reach $0.260275 by October 4, 2023. These favorable market dynamics and Cardano’s robust developer ecosystem present a compelling case for a bullish October in the ADA market.
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