This Coin Will Be Extraordinary; Crypto Whale Speaks For The First Time!

In the world of cryptocurrency, a new coin is born every day. A Cardano (ADA) whale made an important assessment of the held altcoin Cardano (ADA). The popular Cardano whale, made remarkable statements on Twitter.

There are large and small investors interested in cryptocurrencies. Some buy cryptocurrencies for sums that may be considered high by many. As a result, it has an impact on the price. The big fish mentioned in the "big fish, little fish place" proverb are called whales in the crypto market.

A Cardano (ADA) whale tweeted from his social media account why he was special about Cardano. The major cryptocurrency player named "ADA Whale" has provided a guide to potential investors who aren't sure why he feels so excited about the long-term prospects of the Cardano community.

The big whale shared the following data about the ADA altcoin:

Cardano in Numbers: TVL 1M +69% 7d +21%, Transactions 4x Annual (150k), NFT volume ~$1M/day, block product pools: 1,200, project builds: 517, Reddit subscribers 694k (55% Eth, %) 350 Σ Sol+Avax+Terra), Self-financing votes / funded projects in the final round: 257,000 /269.

Regarding scaling, he gave the following data:

There are many scaling solutions in the works, for example: code-executing isomorphic state channels (Hydra), BFT sidechains, security guarantees of L1, zk aggregations (Orbis), and improvements in block propagation. It seems that most of them are expected to come to life in the "near term". The June hard fork is expected to help the Cardano blockchain "scale out".

Expressing that the sustainable governance feature comes to the fore, Cardano Whale added that it has a self-financing, self-managed, decentralized open source center. Cardano's monetary policy and ADA rigidity will perhaps rank second only to Bitcoin. It was noted that thousands of people who agreed with the management constituted an important factor in this regard.