Cardano News: Proposal Submission Is Now Open For Project Catalyst Fund 3

Cardano keeps making headlines these days due to all kinds of achievements and important plans that they have for the future.

Now, the team behind Cardani dropped exciting news, and you can check out their announcement below.

A follower had an important question, and the team behind Cardano hopped online and responded with the following:

Cardano becomes the most decentralized network on the market

It’s been revealed that 69% of the total circulating Cardano supply is now staked. ADA surpassed Polkadot as the most decentralized network out there.

CryptoSlate quotes data from StakingRewards and notes that more than 21.75 billion ADA has been staked on the Cardano network.

The online publication notes the following: “according to the latest data from data aggregator Staking Rewards, Cardano has now become the most decentralized blockchain network on the market. There is currently over 21.75 billion ADA staked on Cardano, representing 69 percent of its total circulating supply.”

ADA in the crypto market

ADA has finally started to mirror the achievements of the project in its price.

At the moment of writing this article, ADA is trading in the green, and the coin is priced at $0.3506. 

There have been all kinds of optimistic predictions about the price of ADA these days, and most of them are optimistic.

Check out whether ADA can reach $1 in our previous article.

Stay tuned for more Cardano news.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.