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Key Cardano Ecosystem Developments Highlighted by EMURGO CEO

Fri, 04/21/2023 - 08:25
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Alex Dovbnya
EMURGO CEO Ken Kodama recently took to Twitter to share significant developments within Cardano ecosystem, emphasizing its continued strong performance in developer activity and highlighting projects like Voltaire and CIP-1694
Key Cardano Ecosystem Developments Highlighted by EMURGO CEO
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In a series of recent tweets, EMURGO CEO Ken Kodama shared some of the most notable Cardano ecosystem developments, including the much-discussed Voltaire and CIP-1694 projects.

Kodama emphasized Cardano's continued strong performance in developer activity, with the platform ranking consistently within the top three most actively developed blockchain networks, according to Santiment data.

The EMURGO boss also highlighted recent upgrades that have improved the Cardano network's decentralization and connectivity.

Additionally, the Voltaire project and the CIP-1694 proposal have been generating buzz for the future of Cardano's on-chain governance, which is aimed at being run by the community.

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The EMURGO CEO further discussed the rise of Cardano native stablecoins, which provide liquidity, offer an on-chain safe haven and serve as a faster alternative to traditional payment processors.

Cardano decentralized finance (DeFi) products have also reached total value locked (TVL) all-time highs over the past few months, with decentralized exchanges (DEXes) and other DeFi products continuing to attract users and expand the Cardano DeFi ecosystem.

Lastly, Kodama pointed to active investments in user empowerment through information and education initiatives. These projects include CardanoSpot, which enables the Cardano community to share user-generated and curated Cardano content.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at