Cardano (ADA), the fourth-largest cryptocurrency by market cap is currently bullish with its price trading at $1.43, even when other crypto assets are going through a bearish phase. The blockchain is going through a key transition phase that would make it smart contract compatible with the upcoming Alonzo hardfork. The hardfork would, in turn, help it compete against the likes of Ethereum, Solana, and Polkadot and become a growing hub for Dapps.
Amid ongoing critical updates to the network, Cardano Foundation launched its five-year strategy yesterday as CEO Frederik Gregaard revealed upcoming goals for the network. With the focus on achieving widespread adoption by masses and expand into legislation.
Cardano’s 2022 priority target is to onboard 50 banks. This will place the Cardano foundation’s blockchain into routine financial transactions. However, to gain support from banks, Cardano first needs to attract more users onto their blockchain.
Cardano plans to secure 50 banks by 20
Źródło: https://coingape.com/cardano-ada-to-on-board-50-banks-by-2022/
