Cardano drops another piece of great news for the community. Check out what the Cardano Foundation has shared on social media below.
Wow. The r/cardano sub just hit 150k subs. That’s 50% up ⬆️ in just a month. A rich source of info & friendly community support – and a refreshingly trade-talk free zone – check it out if you are new to #Cardano $ADA👌@cardano https://t.co/LatK3lcuz7
— Input Output (@InputOutputHK) February 10, 2021
As expected, the community is celebrating like crazy these days following so many achievements.
More than that, Cardano’s digital asset ADA is also up by more than 12% in the past 24 hours.
At the moment of writing this article, ADA is trading in the green, and the coin is priced at $0.9163.
Cardano in the news
The team behind the project addresses whether it’s possible to restore faith in financial markets.
Check out the post that they shared on social media.
Can #blockhain help restore trust back into financial markets?
This week’s blog explores what trust may look like on #Cardano, and how we could deploy our existing & upcoming features to maximize trust & transparency for all kinds of users.https://t.co/jH0RD67emo pic.twitter.com/zBorEYbimT
— Cardano Foundation (@CardanoStiftung) February 10, 2021
The official blog post notes: “Capital markets, those where debt and equity instruments are bought and sold, underpin our global financial ecosystem. But the technology underpinning the markets themselves is fraught with inefficiencies, eroding trust.”
The same notes continue and reveal the fact that “Frederik discussed some important current themes around our capital market infrastructure, focusing on how central systems of record have typically led to trust issues for all market participants.”
And the blog post goes on and explains the importance of trust in this scenery.
We suggest that you check out the complete original post.
Stay tuned for more Cardano-related news.