Recently, Charles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano ($ADA), commented on what’s in store for Cardano users and developers in the coming year.

Last Friday (November 12), Hoskinson tweeted:

In a blog post published on October 28, IOHK said:

With the evolution of the Plutus platform, we will be inviting the developer community to deploy their own tooling and create off-chain code for their DApps running on Cardano. We have already seen a hive of activity in this area, through both the Alonzo testnet program and Project Catalyst.

So while we test the platform with our engineers/QA and the developer community, we’ll be making gradual improvements and adding more capabilities and functionality. The goal? From the Alonzo hardfork and the arrival of Plutus smart contracts, a rapid scaling of the developer experience, with new tools, APIs and environments to support an already burgeoning ecosystem of talent.

As for the hundreds of projects building on Cardano, here are some of the more notable ones courtesy of CardanoCube’s interactive map of Cardano’s Ecosystem:

Source: CardanoCube
Source: CardanoCube
Source: CardanoCube

As Twitter user “Cardians” pointed out on September 21, this past summer, over 150 projects were added to Cardano’s ecosystem:

Earlier today, Hoskinson mocked those people who say that Cardano is just a “ghost chain” with the help of a chart from Cardano Daily:

Hoskinson also denied that he is the creator of Bitcoin:

Regarding $ADA’s price action, according to data by TradingView, currently (as of 19:00 UTC on November 15), on crypto exchange Kraken, $ADA is trading around $2.0216, down 0.16% in the past 24-hour period. However, for the year-to-date period, $ADA’s return-on-investment (ROI) vs USD is +1013%.

YTD ADA-USD Price Chart (Kraken) by TradingView

Yesterday (November 14), crypto quant Benjamin Cowen started a Twitter poll to find out from his over 395K Twitter followers what percentage believe that $ADA is going to $10 in this bull cycle. With just three hours left and 33,561 votes cast, it seems that 53.8% of respondents think that $ADA is going to $10 in this market cycle.


The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.