Cardano (ADA) has had a good run, though its recent price dips suggest it could have its glory days behind it. The last 30 days saw a net 14.7% dip with a sharp 15.7% decrease in the last week alone. Nonetheless, Cardano’s net gain in the last 12 months still sits at 60%.
Despite the cardano price moves, Cardano (ADA) marches on with technological advancements. Of note in 2024 were the achievements from Cardano related to the development of new technologies: the node v.9.1 release added the improvement of resource trace emission, and the developer team continuously improved ChainSync client testing besides reviewing the final Genesis statement of work.
Looking forward to 2025, Cardano’s roadmap centers on integrating Bitcoin into decentralized finance, enhancing privacy with the Midnight Network, and pushing forward cross-platform operations through Partner Chains. Only time will tell if these technical advancements will prove to be Cardano’s renaissance.
