2021 was a very active year for Cardano (ADA). With the integration of smart contracts, there was excitement in the Cardano network. ADA hit an all-time high price in September, with a total value increase of 640 percent.
ADA is trading at $1.5 today, up 25 percent after finding support at $1.2 in mid-December. In the last view, it is seen that the second strongest move in the name of recovery in the downtrend that started in September came in the last two weeks.
Its founder, Charles Hoskinson, talked about what awaits Cardano in 2022, which received criticism after the Alonzo upgrade, on youtube and said that a dozen projects could be launched on the Cardano network in 2022.
Cardano founder Hoskinson emphasized that there are more than 175 projects in the network, among which a dozen projects could be implemented in the first quarter of 2022. In this context, he claimed that the next 90 days will be very busy for Cardano. He stated that the remaining projects could be put on the market in the second and third quarters of 2022.
Hoskinson, who said that they are working diligently to build DeFi applications that can run smoothly on the Cardano network, attributes the current delays to these working principles. On the other hand, Cardano CEO Hoskinson wants to bring microfinance transactions to the network. Pointing to the second half of 2022 for this, Hoskinson expressed that he wants to integrate micro crypto loan transactions through Cardano.
Very active in Africa, Cardano is working hard to bring peer-to-peer decentralized financial services to the continent. Hoskinson says that the adoption and active use of real financial transactions on the African continent is a dream.
With the demand for ADA in 2021, Cardano has grown into a significantly growing community. CEO Hoskinson says that they have reached two million people and that he is satisfied with the Cardano adaptation. Successful execution of a dozen projects expected to launch in the first quarter of next year could bring excitement back to the high-potential Blockchain network.