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ADA Is Ready For A Rally. Dozen Cardano-Based Initiatives To Debut In Q1 2022

Anna Martynova

IOHK CEO Charles Hoskinson revealed that 178 projects have been built on Cardano from January 1 to the present. Thirteen projects were launched this quarter, and three are set to launch in the fourth quarter. In the first quarter of next year, it is planned to launch 11 projects.

The Cardano Foundation is celebrating 13 major joint projects in 2021, highlighting significant year growth. In an effort to create value and utility in its ecosystem, the Cardano Foundation has teamed up with 13 major organizations including veritree, ScanTrust, Save the Children, Taurus, HackerOne, COTI Network, Ecoage, Coinfirm, NOWPayments, UBX, Aid Technology and BaiasWine.

Cardano (ADA) has seen an impressive seven-day rally since December 21st, climbing nearly 30% from a low of $1.182 to today's high of $1.594. At the time of writing, ADA is trading at $1.51, losing 2.77% in the past 24 hours. With a current market capitalization of over $51 bln, Cardano ranks sixth in the cryptocurrency rankings, ahead of XRP.

Image: BeGetOn

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